Miscellaneous News

FairAndUnbiased

Brigadier
Registered Member
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One thing I don't understand, how is it possible that China cannot fill its so called vacant homes with 1.4 billion people when its just 65% urbanized. And even out of this 65%, only 50% have actual city hukou. the rest are migrant workers who are too poor to buy a decent home. China should get to 85%+ urbanization similar to Japan and Korea eventually. So, where will all this huge number of people live?

Moreover, most of the China's poor people live in really bad quality houses. This is how it usually is, poor countries have poor quality houses that lack amenities or in rural areas or too small.
The more wealthy China gets, the more people will buy bigger homes, more advanced houses, people move out to suburbs and so on. And yet, supposedly this is it for China and it cannot fill its vacant homes.

It boggles my mind how a so called former official can make comments like this. Is this guy a closet pro-western stooge?
What's a 'more advanced home'? What's are the specific housing products that are not in use in China? 83% of homes in China are AI enabled, compared to 43% in the US.

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US style suburbs don't really exist in China, as they also don't exist in most countries of similar population density and culture like Japan, South Korea, Netherlands etc. That's because Chinese urban planners use their brains, and recognize that China isn't exactly swimming in cheap land and oil which was the original enabler of suburbanization in the US.

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The exceptions are colonizer countries and poor countries where the rich treat the poor like the colonizers treated the natives. Steal their land, build McMansion estates, push the natives and poor into filthy reservations/slums. India, Congo, Nigeria, Philippines and UAE all have suburban development much like the US.

'advanced suburb'

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vs:

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OTCDebunker

New Member
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One thing I don't understand, how is it possible that China cannot fill its so called vacant homes with 1.4 billion people when its just 65% urbanized. And even out of this 65%, only 50% have actual city hukou. the rest are migrant workers who are too poor to buy a decent home. China should get to 85%+ urbanization similar to Japan and Korea eventually. So, where will all this huge number of people live?

Moreover, most of the China's poor people live in really bad quality houses. This is how it usually is, poor countries have poor quality houses that lack amenities or in rural areas or too small.
The more wealthy China gets, the more people will buy bigger homes, more advanced houses, people move out to suburbs and so on. And yet, supposedly this is it for China and it cannot fill its vacant homes.

It boggles my mind how a so called former official can make comments like this. Is this guy a closet pro-western stooge?
It's a very, extremely complex subject but at least for those migrant workers you mentioned some (obviously not all) are more like extended traveling working projects than anything else.

Come from a poor rural farm village, go work in a factory, factory has on-site housing so you live there, work 1 year or 6 months or 2 years or whatever, visit back home during Spring Festival and other important events or holidays, etc.

It's similar to like oil riggers or to some industrial jobs in America where they just chase shutdown after shutdown.

So housing would be a difficult personal choice because you don't actually need the house in the city of that factory you work in since you already have one that's better for your lifestyle anyways (no commute right there at work) and plus your family lives in the village still. Unless you plan on moving them into the city, but yet that's a hard decision to make because in the village that money goes far and you can save a ton for retirement. In the city you will save...who knows how little? Maybe none even. But certainly you will save almost nothing compared to simply having your family back in the village and sending money to them.

A lot of this isn't a problem that's nature is rooted in technical stuff. It's more cultural or choice based than anything else.
 

coolgod

Colonel
Registered Member
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Wang Yi met Hank Paulson.
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Chinese officials meet former US Treasury secretary; 'engagement may serve as effective way to break impasse in China-US ties'

On Tuesday, Chinese Vice President Han Zheng met Henry Paulson, former US Treasury secretary, saying that the China-US relationship is the most important bilateral relationship in the world today, according to the Xinhua News Agency.
Also on Tuesday, Wang Yi, director of the Office of the Foreign Affairs Commission of the Communist Party of China (CPC) Central Committee, met with Paulson.
On Monday, Pan Gongsheng, governor of the People's Bank of China, the central bank, met with Paulson. The two sides exchanged views on the global economic situation, China-US economic and trade relations, green finance and other topics.

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Here is a funny photo that was floating around weibo a lot, shows the similarities between US officials visiting China during 2008 and now. It starts with French president visiting China, then US secretary of state, then secretary of treasury, then secretary of commerce.

The original secretary of treasury Hank Paulson showed up today, Wall Street is looking for a bailout from China again.
 

BoraTas

Captain
Registered Member
I am posting this here because this thread is practically the general post corner of this forum.

I was looking at reports RAND wrote about PLA in 2015. It is quite incredible how much the PLA has changed and how wrong they were about the speed of modernization.

For example in 2015 this was the combat aircraft fleet. Maybe a few J-10C as AESA. Nothing else that is competitive to what the US fielded. And you can see these people thought the J-16 was just a Su-30 equivalent rather than a AESA wielding cutting-edge fighter. 900 4th gens in total... Now there are probably 850+ AESA-equipped fighters in the inventory on their own, ~230 being VLO.

inv 2015.png

And this is about the destroyer fleet. First of all missile ranges are wrong. The modern fleet consisted of 5 052C and a single 052D. Today there are 6 052C, 25 052D and 8 055. More in the way... Complete paradigm change in the seas.
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