Understanding China

Scuttlebutt
766

The problem of too much security and no hardship causing lack of entrepreneurship and lack of incentive to take risks.

Likewise, the present Government has realised that root learning does not foster innovation, or independent thinking. They are therefore changing the education system to foster such skills in the future generations. They can do that without having to fight opposition and teachers union. Although they have to watch the “Coffeeshop talk”. (aka public opinion)

Young Singaporeans have not experienced the days poverty, or when there were gangsters ruling in Chinatown and hard manual work where the norm, not jobs for the finance industry, Sitting in air-conditioned offices and living in modern Government subsidised flats with all amenities is taken for granted. Driving expensive cars, riding buses, or MRT trains in air-conditioned comfort to get to/from work and play is the norm today. (Not so at independence 50 years ago)

This is not so for many in China, hence they are still more driven to succeed and to compete, both with other countries and between themselves.

3 Likes
767

And at the expense of ‘others’…

More of that ‘good nationalism’ you talked about before?

768

China does not have monopoly on detention of “others”, but at least they don’t detain children and babies, after forcibly taking them away from their parents.

But of course that is done to protect the country from an invasion by dangerous people, some of whom may even be “of middle eastern decent”.

Equally obvious is that China should not be allowed to take steps to protect themselves from people who try to separate part of the country by terrorism.
Putting some of them into rehabilitation centres to try to turn them around and become good law abiding members of society is worse then attacking foreign countries, killing thousands of innocent civilians.

They are not being held indefinably without charge even after being found not to have been involved in anything illegal.

BTW; The detainees in Xinjiang are actually Chinese citizen.

It appears that other Muslims are free to travel to China and are doing so in increasing numbers, both as students and tourists:


That just shows how stupid the Chinese are that doesn’t realise that Muslims are all dangerous potential terrorists. (Some of them even “of middle eastern decent”!!)

769

You are such an absurd apologist for Communist and Totalitarian China. Does Norway require that you register as a foreign agent for China.

What does China do when they catch North Korean families trying to sneak into China? Don’t they detained them, and then hand them over to the North Korean government for execution or re-education in concentration camps?

You are also absurdly anti-American.

I’m sure that in most countries when both parents happen to be arrested and jailed for committing crimes, the children are not taken to jail with the parents. Nor are the children just turned loose on the street. They are turned over to the custody of social services. If suitable family members are willing to care for the children, then after some review process the children will be placed with family. If no suitable family is available to provide care, the children will remain in the custody of social services. I imagine this is how it’s done in most countries.

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770

You are such an absurd apologist for USA policy and hypocrisy. Are you register as a CIA propagandist?

FYI it is not a crime to enter a country to apply for asylum. In fact it is an internationally agreed obligation to allow access until and the asylum claim has been fairly and legally either approved or rejected. This has been a key part of the UNHCR - 1951 Refugee Convention, which USA is a signatory to and instigator of. It is also US Law:
https://www.unhcr.org/1951-refugee-convention.html

In fact Radio Free Asia (sponsored by your friendly CIA) are complaining that North Korean workers are crossing into China, although it is against UN and US sanctions:


They are not getting denied access, or detained by China and not executed when returning home. Thousands of North Koreans actually live in China and have done s for a long time.

771

North Korean Government sponsorered laborers (essentially slaves) are working in China and Russia to produce revenue for the Kim regime. Those are not people freely traveling across the border to work for their own benefit. Nor are they migrants of refugees. They certainly are not illegal immigrants.

772

the North Korean slaves are also in Malaysia

773

I think a more correct description would be approximately 2 million ethnic Koreans live in China. The majority are descendants of those who immigrated in the 17th century and again from the Japanese occupation of the Korean Peninsula.

774

China got millions of 2nd children roaming china as well without status or any rights
They never talk about this, only locals know about it

775

There must be at least one non-local person that knows about it; YOU.

776

true, expats that work in businesses that have low paid labourers know about it
I have a few mandarin speaking friends in the boating business

777

Shenzhen’s development over 40 years:

778

Another domino port?

https://www.hellenicshippingnews.com/will-china-seize-prized-port-if-kenya-cant-pay-back-its-belt-and-road-loans/

779

China B and R
Bankrupt and Repossess, what did it stand for originally, I forgot?

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780

So very spot on!

781

China is heading to the moon and beyond:


But they are not going there for prestige and PR value only.

782

china makes it to the moon (50 years after the USA)and the USA land on Mars but china beating the USA, sounds like the writer is trying to sell his book

783

The Chinese can’t go anywhere without stolen US technology.

China was still using hand shoveled coal fired steam trains until the US opened its market to China.

1 Like
784

Just spent a few days with a relative who is working in China for 5 years in Beijing he says lots of big issues you dont read about happening in China and the gov knows about and trying to fix
The rich that made it are very rich, most didnt make it and wont any more as that wealth was in a property bubble but they got out.

The gov is getting concerned every young person thinks the world is in their phone and you get everything from your phone.

They know the e-commerce is killing the country by removing all the good jobs.

30% meals consumed at home in Beijing are internet orders, gov is having a problem dealing with garbage the packaging is creating.

I’m hungry, your phone can solve that, dangerous mentality that it solves everything.

They banned coal as heating source in Beijing but most people cannot afford to turn the gas on so they are freezing in their apartments.

If you dont live with your parents when you work in Beijing you cannot save any money.

Hence anyone from out of town leaves, his company has huge turnover of graduates as they realise no money saved and too stressful to work in big city, they are returning to the country.

Gov knows everyone’s money if they had savings are tied up in the real estate bubble, hence all the banks loans too

99% of businesses or products that start up are closed in 2 years if not heavy engineering as in long term projects, hence its making the take what you can now, money money money, worse than it ever was.
Its a badge of honour if your business lasts over 2 years, you might have made it.

The only graduates that can make a decent living are the entrepreneurs, that cant be everyone.

They have bigger issues internally than any other western country as the wealth divide has happened in 10 years and mostly from property but now there is not a great future for young people and everyone knows it.
They have caught lots of western diseases is a very short time.
A very small part of the population have become very rich very quickly but that road to riches is now closed.

Maybe they will just do the oldest trick in the book and start a war to divert everyone’s attention?

4 Likes
785

Interesting.

Many places seem to have problems with real estate. Historically, most wealth in the US was created through real estate. 70 something percent of people in the US owned a home and it was their most valuable asset. Historically, very few people owned paper assets and most wealth was created in real estate.

Now the stock and bond markets have taken over. Almost everyone has retirement accounts invested in paper assets which have been far outperforming most real estate.

Real estate has become a lot less attractive as an asset, and it no longer creates as much wealth. While high transaction costs for stocks has disappeared, the transaction costs for real estate have become very high. So have the carrying costs. Financial and enviromental regulation of real estate have made it a lot more unpredictable, risky, and harder and more expensive to sell.

A high percentage of homeownership and consistent appreciation of property values created wealth and stability for everyday people in the US. This foundation to the economy and a middle class life has declined. No good can come from this.