Youtube comments of Good Citizen (@GoodCitizen-gm1tl).

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  11. I have been living in China for 34 years and am still living in Guangzhou, China is much more developed than it was even 10 years ago. The urban streets are spotless these days, 10 years ago they were not as clean as it is now. This is the biggest change visible to the eyes, the public cleanliness. Also on the technological side, the changes are also equally visible, 10 years ago, the urban street landscape didn't look as high-tech as they are now. The next visible change is car ownership. Even in the countryside, all the roads have solar-powered lamps nowadays and car ownership in the countryside is astonishingly high, in the front of every home parks a car (few households have home garages though, they just park cars in front of their houses). In the cities, the car ownership is actually lower as parking spaces are tighter. Ths is also one of the biggest changes in comparison to 10 years ago, the high prevalence of car ownership in the countryside. Another change is the metro system in the cities, for example, Guangzhou Metro now has an operating mileage of over 1,000km, can you believe it? 1,000 km-long subway lines in a single city! The new lines are also incredibly fast, like the Line 18 and the Line 22, which are operating at 160km/hour, almost approaching high speed rail standard. As an individual witness of the Chinese Development Miracle while growing up since the 90s, I think China's transformation was the fastest in the 1990s to 2010s but the last 10 years still brought drastic changes to us, which are still very fast development. In fact, there are visible changes for the better even between now and pre-pandemic 2019, which are quite recent.
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  44. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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  45. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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  61. China is now a world leader in both clean energy sectors (solar, wind, hydro and nuclear power) and power transmission technologies (especially the ultra high voltage transmission technology), as well as power storage technologies (industrial batteries ). In solar and wind power industries, China is currently controling the whole supply chains from mineral extraction to manufacturing to installation (in the deserts and the nearshore seas). In hydro power, China has been a strong player for many years, especially for the build of the well-known Three Gorges Dam, which has even become a often-mentioned military target by Taiwan and the US. in nuclear power, China has developed the fourth generation nuclear power plant technologies, which puts China at the forefront in this sector. In power transmission, as China is a continent-sized country where most of the population live in the eastern part of the country but most of the power-generating resources are in the west and the north, generated power must be sent over thousands of kilometers to the end users, therefore China has developed the very advanced Ultra High-voltage Electricity Transmission technology (UHV electricity transmission) to boost efficiency of power transmission and reduce electricity losses. This technology has also been applied in Brazil as Brazil is also a vast country with very-long-distance eletricity transmission needs in the projects built by China. In power storage, China also controls the whole supply chain and has remarkable storage technologies to absorb, mantain and release tremendous amounts of electricity in the dedicated power storage plants. It's said that if China covered 30% of thesurface of the expansive Taklamakan Desert in Xinjiang with solar panels (China has already built solar power plants in deserts), the country's energy needs would be totally fufilled without the need to rely on any other power alternative, in the year of 2065 and China would still have many electricity surplus.
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  62. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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  90. You have no idea how rich the central govt of China is, literally the majority (60%) of the tax of all kinds in China go to the central govt and the state-owned assets are controlled by the central govt and all the lands belong to the state. The central govt of China can actually bail out the local govts by sending them free money for the payments of whatever debts they have but it refuses to do so and decides to just lend money to the local govts with low interest rates over a long period of time for them to pay back their urgent and hidden debts with high interest rates (the Debt Swap strategy, not Debt Payment strategy). Why? Because the central govt wants the local govts to be as self-sufficient as possible and work harder to propel up the local economies instead of begging free money from the central govt and becoming lazy without many pressures and obligations and at the same time spending money carelessly. The central govt wants them to be stay tight with great pressures and work harder and spend the tax money carefully and rationally in local projects. That's why many local govt officials are very busy in their "invest in my place" promo compaigns in other cities and provinces to attract business investments and creating favorable climates for businesses to thrive. When the businesses come from other places or set up by locals, thrive and generate higher revenues in their governed domains, the local govts can collect more tax and do many development projects and form a virtuous cycle.
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  98. Xinjiang was not a land of Uyghurs alone, there were many races and ethnicities living in Xinjiang, e.g. Han, Hui, Kazak, Tajik, Tatar, Xibo (derived from Manchu), Mongolian....etc. Traditionally (in the last 500 years, as the demographics in Xinjiang was always changing as the territory changed hands all the time in prior ages), the Uyghurs were living in South of the Taklamakan Desert or Southern Xinjiang and the Dzungar (Oriat branch of Mongols) were living in Northern Xinjiang. The Dzungar enslaved the Uygurs by constant invasions and conquest wars. Then the expansionism of the Dzungar threatened the Qing dynasty of China and China had many wars with the Dzungar for three generations of Qing emperors. At that time, most of the Mongolian branches were already living under the Qing empire but they were fragmented. The Qing intentionally reinforced the fragmentation of the Mongolian branches so that they couldn't unite into a single force which the Qing deemed as a grave threat considering the Mongol Yuan dynasty as a historical lesson. As the Dzungar grew weaker and weaker and the Qing eradicated them from Northern Xinjiang altogether. Later, Russia was also looking to expand into Xinjiang. The Qing defeated Russia in Xinjiang and secured its sovereignty over this land. China named the province "Xinjiang Uyghur Autonomous Region" which is a misnomer, because it is made as if the land is Uyghur only when there are so many races and ethnicities living there, although Uyghur is the largest group making up 44.96% of the total population, Han Chinese also makes up 42.24%, Kazak 5.15%, Hui 3.96%,Mongolian 0.84%...as per the 2020 China Population Nationwide Census.
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  111. China has caught up in industries with South Korea and now becomes the biggest competitor to South Korea in all industries. The future for South Korea is gloomy as China has the tremendous domestic market South Korea doesn't have. and South Korea deeply relies on the Chinese market in the past 30 years. South Korea even lodged a trade deficit with China recently (the first turn of pages in 30 years) which was a very dangerous signal to South Korea. Thanks to the tightened US sanctions on China, South Korea had some sort of temporary relief but China has been expediting technological leaps even under severe US sanctions, according to Korean media reports in the last few days, the "last bastion" of South Korea, the memory chips (DRAM and NAND) have been busted by China, after China overtook South Korea in LCD/OLED display panel technologies (South Korea was forced to give up LCD due to Chinese competitions), shipbuilding technologies (South Korea cannot build large cruising liners but China has built one and is immediately building the second one) , automobiles especially in the EV..... even in animation and gaming technologies, China has surpassed South Korea, the only strong spot South Korea still has against China is: 1. chip fab beyond 7nm (as South Korea can access EUV lithograpy machines but China is sanctioned and cannot access EUV), 2. Entertainment and music (Even in music and movie industries, China is progressing fast). There is a huge crisis looming on for South Korea as it cannot compete with China in more and more industries. You cannot blame South Korea though, because it is China who is progressing too fast.
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  131. Yes, the Indian Parliament had a controvesial mural carved at the wall of its headquater at centering places, called Undivided India, where it showed an expansive Indian map annexing all the neighouring countries including China's Tibet, Nepal, Bangladesh, Pakistan, Bhutan, Sri Lanka, Maldive and even Afghanistan. I think a strong India will definitely be a huge disaster for the region as they would behave as if they were the British Empire. Even now when India isn't very strong, they are already arrogant and complacent enough in front of their neighours demanding servitudes. Bhutan is a sovereign state in the Tibetan Plateau but its military and diplomacy have been hijacked by India for decades, therefore Bhutan hasn't established diplomacy with China yet despite being immediate neighours. India is very angry when China and Bhutan carries out state-to-state normal exchanges, you can see what India regards the sovereign state Bhutan as. Maldive is not even contiguous with India by land as it's an archipelogo in the middle of the ocean and Maldive often sources living supplies from India (most of them are Chinese products in origin and India just trades them as a middleman), this material dependence gives India the idea of controlling Maldive and they forcefully occupied the island country with military bases with the justification of repairing ships and safeguarding peace in the region. In recent years, Maldive is increasingly walking close to China and India is not happy about it, the island country asked India to withdraw its military base from Maldive immediately but India didn't respond as requested until Maldive became hysterical. After reluctantly retreating its military base, India immediately built a new military base on its island close to Maldive, threatening the sovereign state. I think a strong India will definitely not be a blessing for the rest of the world.
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  141. I have been living in China for 34 years and am still living in Guangzhou, China is much more developed than it was even 10 years ago. The urban streets are spotless these days, 10 years ago they were not as clean as it is now. This is the biggest change visible to the eyes, the public cleanliness. Also on the technological side, the changes are also equally visible, 10 years ago, the urban street landscape didn't look as high-tech as they are now. The next visible change is car ownership. Even in the countryside, all the roads have solar-powered lamps nowadays and car ownership in the countryside is astonishingly high, in the front of every home parks a car (few households have home garages though, they just park cars in front of their houses). In the cities, the car ownership is actually lower as parking spaces are tighter. Ths is also one of the biggest changes in comparison to 10 years ago, the high prevalence of car ownership in the countryside. Another change is the metro system in the cities, for example, Guangzhou Metro now has an operating mileage of over 1,000km, can you believe it? 1,000 km-long subway lines in a single city! The new lines are also incredibly fast, like the Line 18 and the Line 22, which are operating at 160km/hour, almost approaching high speed rail standard. As an individual witness of the Chinese Development Miracle while growing up since the 90s, I think China's transformation was the fastest in the 1990s to 2010s but the last 10 years still brought drastic changes to us, which are still very fast development. In fact, there are visible changes for the better even between now and pre-pandemic 2019, which are quite recent.
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  143. Britain colonized Hong Kong for 150 years and in the first 100 years, it practised a racial seggregation policy mirroring the Apartheid in South Africa. All the European premises were reserved for the European community in Hong Kong only and the Chinese majority were not allowed to enter. Hong Kong Musem was a rare exception that the local Chinese were allowed to visit but only in the restricted time slots. There was also a curfew policy for the local Chinese who were mandatory to stay indoors at night or carry a lantern to be visible at all times if they had to leave their homes for emergency purposes but no such restrictions were in place for the Europeans in the colony. All the officials, from the Hong Kong Governor to the street police, were sent to the colony directly from London. The local Chinese had no political freedom at all. Voting rights were unheard of in the colony, In the WWII, Britain lost the colony to the Japanese. After the WWII, Britain regained the colony and it started to reconsider the policy of racial seggregation and the local Chinese were allowed to enter European premises and even lived in the European quaters. Grassroot-level positions in the government started to accept the local Chinese, but medium-level and high-level positions were strictly occupied by the British. This situation persisted until the 1990s. Hong Kong was never a democracy under the 150-year British rule. In the 1970s, there were student movements against the British colonial rule in the city and were harshly cracked down by the British.
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  162. China has caught up in industries with South Korea and now becomes the biggest competitor to South Korea in all industries. The future for South Korea is gloomy as China has the tremendous domestic market South Korea doesn't have. and South Korea deeply relies on the Chinese market in the past 30 years. South Korea even lodged a trade deficit with China recently (the first turn of pages in 30 years) which was a very dangerous signal to South Korea. Thanks to the tightened US sanctions on China, South Korea had some sort of temporary relief but China has been expediting technological leaps even under severe US sanctions, according to Korean media reports in the last few days, the "last bastion" of South Korea, the memory chips (DRAM and NAND) have been busted by China, after China overtook South Korea in LCD/OLED display panel technologies (South Korea was forced to give up LCD due to Chinese competitions), shipbuilding technologies (South Korea cannot build large cruising liners but China has built one and is immediately building the second one) , automobiles especially in the EV..... even in animation and gaming technologies, China has surpassed South Korea, the only strong spot South Korea still has against China is: 1. chip fab beyond 7nm (as South Korea can access EUV lithograpy machines but China is sanctioned and cannot access EUV), 2. Entertainment and music (Even in music and movie industries, China is progressing fast). There is a huge crisis looming on for South Korea as it cannot compete with China in more and more industries. You cannot blame South Korea though, because it is China who is progressing too fast.
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  181. Bo: 800 million shirts for one Airbus A380 (China Daily) Updated: 2005-05-05 05:50 PARIS: To cover the cost of buying just one Airbus A380 China would need to sell 800 million shirts - those were the figures quoted by Minister of Commerce Bo Xilai on Tuesday as he tried to put Europe's concerns over textile exports into perspective. Bo made the remarks at a Sino-French seminar in Paris amid fears in the European Union that its textile industry is being harmed by the surge in Chinese products that followed the ending of global textile import quotas on January 1. Bo said: "Because of the low profit margins of Chinese textile products, China needs to export 800 million shirts in order to buy one Airbus A380," referring to the latest aircraft being developed by European aircraft consortium Airbus. China Southern Airlines ordered five A380s in an April deal. China exported textile products worth US$400 million to France in the first quarter of the year, a small fraction of China's overall textile exports, Bo said, adding that he hoped current tensions would not affect the overall good trade situation between the two countries, the China News Service reported. According to Bo, China and France are facing more trade opportunities than confrontations and any problems can be solved calmly. He encouraged French companies to invest in China, saying the two countries have broad possibilities for co-operation across the business spectrum. Meeting with French counterpart Francois Loos, also on Tuesday, Bo assured France that China had already taken effective measures, such as a limitation on investment in the textile sector, to stem the surge in textile exports. China is a responsible player in world trade and wants to "soften any shock wave that might provoke massive exports of Chinese apparel," he said. Loos said he agreed China was a responsible country and that it "could undertake important steps in order not to disrupt the market." Bo said economic co-operation between China and France had not yet realized its full potential. In 2004, Chinese trade with France was far below that with the United States, Japan, Germany and South Korea. French Finance Minister Thierry Breton also met with Bo on Tuesday. The EU executive commission last Thursday decided to open an inquiry into Chinese exports to Europe covering nine categories of textile products. Four EU textile producers, France, Italy, Greece and Spain, have asked the commission to apply emergency procedures that would speed up implementation of restrictions. (China Daily 05/05/2005)
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  189.  @padraicley3265  ​ I think China and Japan are very diffferent in their attitudes to western influences, Japanese people don't make English names for themselves often but their language is overly flooded with English words to the degree that even the most basic words like the door (they say "doa"). the bed (they say "beddo) and the floor (they say "fuloa").... are becoming English words these days. Still, the modern Japanese vocabualries = 60% Chinese words + 30% English words + only around 10% indigenous words. On the other hand, Chinese people think English names are cool and don't hesitate in making cool English names for themselves and China also built many European-style architectures in their cities but the Chinese language is strictly Chinese, refusing to adopt English words at all costs and always try to coin new words according to Chinese own understanding of the new emerging ideas/stuffs instead of blindly using English translierations, for example, computer isn't "ken piu te" in Chinese but "dian nao", which literally means "electric brain" as per Chinese people's own understanding of the computer itself; Elevator is not "e li wei te" in Chinese but "dian ti", which literally means "eletric ladder", also as per Chinese people's own understanding of the elevator itself and so many examples.... in contrast to the Japanese who just adopt English words by transliterations in a massive scale. I think this is interesting as Chinese people are stubborn in retaining the Chinese cultural core but don't mind the western surfaces meanwhile the Japanese don't mind the cultural core (perhaps because they always adopt cultures of the advanced civilizations in both ancient time (from ancient China) and modern time (from modern Europe and America) and barely have an advanced culture strictly on their indigenous own) but are stubborn in retaining the Japanese surface.
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  209. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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  215. The US sanctions on China have actually accelerated China's speed of tech self-sufficiency. China filed several critical patents on EUV lithography machines in the recent 3 years. They can already make 65nm DUV lithography machines domestically, as per the Chinese govt's industrial guidelines in September 2024. It's only a matter of time before China can make 28nm DUV machines and EUV machines with full homeland-based supply chains. In memory chips (NAND and DRAM), China's YMTC and CXMT have already caught up with the front-runners in the field like Samsung and SK Hynix. In the past, China imported all memory chips from South Korea ( Samsung and SK Hynix) and the US (Micron) leading to that China imported more chips than oil in terms of monetary values each year (before US sanctions). Now they don't have to. The US also banned equipments used for specifically manufacturing memory chips to China, but China managed to build domestic supply chains for making such equipments themselves. The latest news: Chinese DRAM Giant CXMT Reportedly Achieves 80% DDR5 Yield, Targeting 90% by 2025. As China successfully moved up the industrial chain, the first player to be knocked down is South Korea, whose hi-tech industries are all now in intensive competitions with China's, from shipbuilding to automobiles to mobile phones to memory chips. Just a few years ago, South Korea was still cheering joyfully for surpassing Japan in industries, now they are being surpassed by China. Changes come too quickly. Of course, Japan and Germany and the US also are increasingly being challenged by China in their traditionally strongest fields. For example, China is also competing with Japan and Germany in machine tools, high speed rails and robotics, China is also competing with the US in AI, quantum,supercomputer, artifical sun, the fourth generation nuclear reactor, brain-computer interface, gene editing, low-orbit internet satellite, low-altitude passenger vehicles, drones, passenger aircraft, IT, space exploration....
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  227. In fact, Britain's first want was the Chusan Island (Zhoushan today) instead of Hong Kong after the First Opium War. Zhoushan was a quite large island at the mouth of the Yangtze river, from which, Britain could easily steer its vessels deep into the Chinese hinterland for colonial purposes, therefore it was of great significance to the British with the intention of colonizing China. Hong Kong, meanwhile, was a remote moutainous area without anything meaningful there at that time and far from China's hinterland. However, the Qing dynasty denied at all costs the possibility of ceding Zhoushan to the British as the regions along the Yangtze river were the richest regions of all China contributing to the largest share of the Qing dynasty's tax revenues. The British envoy compromised and accepted Hong Kong unwillingly and when the news came back to London, the British govt was very angry and sacked the British envoy immediately. Unable to secure the grip over Zhoushan, all the colonial powers found Shanghai, the town sitting right at the mouth of the Yangtze, particularly important if they wanted to colonize China. So they all set up bases in Shanghai and from there their ships went deep into China from the Yangtze river to collect intelligences in preparation of fully colonizing China. However, this didn't occur as planned. As the encroachment of the West triggered the Boxer Rebellion movement and other similar movements across China, the colonial powers realized it was not feasible to conquer the Chinese people, who were already 400 million strong at that time, with such levels of resistances.
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  237. China has caught up in industries with South Korea and now becomes the biggest competitor to South Korea in all industries. The future for South Korea is gloomy as China has the tremendous domestic market South Korea doesn't have. and South Korea deeply relies on the Chinese market in the past 30 years. South Korea even lodged a trade deficit with China recently (the first turn of pages in 30 years) which was a very dangerous signal to South Korea. Thanks to the tightened US sanctions on China, South Korea had some sort of temporary relief but China has been expediting technological leaps even under severe US sanctions, according to Korean media reports in the last few days, the "last bastion" of South Korea, the memory chips (DRAM and NAND) have been busted by China, after China overtook South Korea in LCD/OLED display panel technologies (South Korea was forced to give up LCD due to Chinese competitions), shipbuilding technologies (South Korea cannot build large cruising liners but China has built one and is immediately building the second one) , automobiles especially in the EV..... even in animation and gaming technologies, China has surpassed South Korea, the only strong spot South Korea still has against China is: 1. chip fab beyond 7nm (as South Korea can access EUV lithograpy machines but China is sanctioned and cannot access EUV), 2. Entertainment and music (Even in music and movie industries, China is progressing fast). There is a huge crisis looming on for South Korea as it cannot compete with China in more and more industries. You cannot blame South Korea though, because it is China who is progressing too fast.
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  264. what about all the unequal treaties imposed on China by ALL industrialized powers back then??? Even Belgium and Austria were among the industrialized powers asking for interests inside China after seeing the big players were doing so at that time. In 1919, Germany lost the WWI and therefore lost its concession in Tsingtao(Qingdao today), Shandong province, China. In the Paris Conference, the Powers decided to transfer Tsingtao to Japan instead of returning it to China, when the outrageous news spread back to China, triggering the historically significant May Fourth Movement where mercants struck markets, workers struck works and students struck classes nationwide protesting the decision and pressurizing the Beiyang Chinese govt not to sign the protocol (some high-ranking leaders' mansions were torched down by the angry university students in Peking as they were seen as traitors), the Chinese intellectuals started to attack all the traditional Chinese culture, which were seen as the causes of holding China back and making China backward, Confucius suddenly became the biggest criminal for his poisonous Confucianist ideas. (This mentality led to the Cultural Revolution in the 70s, some 50 years later as well where traditional Chinese culture were further destroyed), cultural westernization was promoted and communism was introduced into China. Communism was very attractive to the Chinese people back then under the oppression of the West. In 1918, there was a painful sign at the gates of Huangpu Park in Shanghai which said ""No Chinese and XXX allowed" in Chinese. A lot of Chinese intellectuals were said to have seen the sign and popularized it to the public awareness, triggering the nationwide outrage and new heights of nationalism. (Its impact is very long-lasting in the collective mindset of the Chinese people, urging all the Chinese people to work harder to make their country strong for generations to come). According to the English sign, it said "1. This park is only open to the foreign communities. 4. No dogs are allowed to enter." In Hong Kong, the British practised a strong racial seggregation policy mirroring the Apartheid in South Africa for 100 years, which only started to fade after the WWII.
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  286. China has caught up in industries with South Korea and now becomes the biggest competitor to South Korea in all industries. The future for South Korea is gloomy as China has the tremendous domestic market South Korea doesn't have. and South Korea deeply relies on the Chinese market in the past 30 years. South Korea even lodged a trade deficit with China recently (the first turn of pages in 30 years) which was a very dangerous signal to South Korea. Thanks to the tightened US sanctions on China, South Korea had some sort of temporary relief but China has been expediting technological leaps even under severe US sanctions, according to Korean media reports in the last few days, the "last bastion" of South Korea, the memory chips (DRAM and NAND) have been busted by China, after China overtook South Korea in LCD/OLED display panel technologies (South Korea was forced to give up LCD due to Chinese competitions), shipbuilding technologies (South Korea cannot build large cruising liners but China has built one and is immediately building the second one) , automobiles especially in the EV..... even in animation and gaming technologies, China has surpassed South Korea, the only strong spot South Korea still has against China is: 1. chip fab beyond 7nm (as South Korea can access EUV lithograpy machines but China is sanctioned and cannot access EUV), 2. Entertainment and music (Even in music and movie industries, China is progressing fast). There is a huge crisis looming on for South Korea as it cannot compete with China in more and more industries. You cannot blame South Korea though, because it is China who is progressing too fast.
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  298. I'm from China and I know how infamous Golden Triangle is and the prevalence of the Chinese criminal networks (scamming centers and casinos) operating there and in the Philippines and Myanmar. They used to operate the scamming centers and casinos in China but due to the police crackdowns, they moved to Southeast Asia and for a long time, the govts in these countries turned a blind eye as they are bribed hard. In the past, they lured unsuspecting Chinese workers to Southeast Asia with the promises of very good pays for purportedly nice and legal jobs and then kidnapped them forcing them to work as scamming machines. Many horror stories were told in the Chinese media by the escapees about their hell-like experiences under the control of these mafia criminals in the overseas. They were brutally tortured for failures of achieving the pre-set "performce targets". Attempts to escape are often met with outright deaths if caught. Some were murdered and dumped to the wild. Due to the Chinese govt's intensifying efforts to hinder their operations in the overseas and the soaring public awareness due to widespread media reports, they could scam less and less victims in China and kidnap less and less unsuspecting Chinese workers so in recent years, they resorted to kidnap foreigners to work for them in slavery and scam their countrymen back home. You are so brave to step into their domains or even their headquaters. You need to leave that place immediately, as it's too dangerous. I hope the hosting countries can eradicate them immediately but they are too corrupted.
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  480.  @LizardSpork  1. Without the one child policy, China's population would have been 2-3 billion today, which would require most of the earth's resources to feed and would pull down the living standard of everybody else on earth. 2. The local govt debts in China are all internal debts which the central govt could have easily bailed out with, if they chose to, but the central govt chose not to in order to keep the local govt work hard instead of being lax and slack without any pressures. Also, most of the debts of the local govts were spent on the infrastructures to make the life better for average Chinese citizens. Chinese bus and subway services haven't raised their ticket fares for decades and elderly citizens over 60 have free ride previlleges on buses across China, these wouldn't have been possible without the local govt's vigorous subsidises. In other words, the debts of the local govts are a result of improving Chinese people's living standards. 3. The weakness in the property sector is a result of the govt's restrictive policies to reduce the price bubbles in properties as the apartments in China become too expensive for the average income earners to afford. 4. High youth uneployment is a direct result of the US ruthless sanctions and high tariffs against Chinese products, which impacts the overall economy but China's technological breakthroughs are occurring at an accelerated pace, which is exactly the opposite of the US's goals. lol. 5. If the CCP were really as incompetent and incapable as you said, what would the US be so mad and hysterical for? lol. Biden's last agende as the leaving president and Trump's top agenda as a new president is all about China China China. Why? lol.
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  516. In Europe, only Germany is still revelant in tangible manufacturing and hi-tech industries, the others like Britain, France, Italy... are all de-industrialized to the degree they sell virtual financial services like stocks and insurance products as well as pharmaceuticals (Britain), tourism, perfumes, overvalued LV bags (France), pizza, pasta, macroni and tourism (Italy) ...... They are not relevant with the tangible hi-tech industries, especially the emerging hi-tech ones in the 21st century. Australia and New Zealand are just agricultural countries that sell sheep wools, mutton, beef, milk powder and earth minerals. Canada is...sorry, never heard of any hi-tech companies or even any products from Canada, it has a poor sense of presence when talking about technologies and stuffs. Japan is still somewhat a strong player but it is stagnant for too long and it's becoming not very competitive in more and more industries facing South Korea and China's tech rise. South Korea is increasingly competitive in hi-tech but in the emerging ones like AI, EV, automatic driving, brain-computer interface, quantum, 6G..., it is still largely irrelavant, the real black horse is China. China and the US are the true players in these emerging and disruptive technologies that will shape the future. So far, the US lacks industrial power in conventional hi-tech industries like shipbuidling, steel-making, semiconductor manufacturing, trucks, cranes and heavy machines manufacturing and others. China, on the other hand, is becoming a full-MVP player in both conventional and disruptive high technologies.
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  526. south asia and the philippines are not investable at least in the manufacturing sectors, otherwise they would have been invested decades ago. vietnam is investable but vietnam's infrastructure is still lacking, like shortage of electricity and lack of transportation facilities making logistic costs high. the costs of industrial electricity and logistics in china are much lower than those in vietnam, the philippines and south asia. vietnam is still buying a large volume of electricity from china's guangxi province so how can its electricity costs be lower? vietnam or india currently can only assemble up intermediate goods imported from china. they can't make the components locally yet. even if they can in the future, the overall costs there will still be higher than those in china because these countries don't have the reserves of natural minerals and tech portfolios that china has. china is currently using its national policies to relocate chinese manufacturing companies from the coastal provinces to the hinterland provinces which have lower labour costs but still with great infrastructures. most of the manufacturing capacities are under the control of chinese companies in the world, so if chinese factories in the upper, medium and lower supply chains refuse to leave china, other countries will have no chances. also, china is now automating its manufacturing sectors with self-developed industrial robots, which will further undercut the costs for chinese products, how can the human workers in southeast asia and south asia compete with the robots in china? you are right that there is probably an upcoming war involving china in the future, that's why the chinese govt is so smart by relocating the manufacturing capacities into the deep innerlands like Sichuan, Chongqing, Hubei.... beforehand. these provinces have the shipping luxury of the yangtze river with direct access to the ocean but is located in the hinterlands safe from the potential coastal attacks.
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  536. south asia and the philippines are not investable at least in the manufacturing sectors, otherwise they would have been invested decades ago. vietnam is investable but vietnam's infrastructure is still lacking, like shortage of electricity and lack of transportation facilities making logistic costs high. the costs of industrial electricity and logistics in china are much lower than those in vietnam, the philippines and south asia. vietnam is still buying a large volume of electricity from china's guangxi province so how can its electricity costs be lower? vietnam or india currently can only assemble up intermediate goods imported from china. they can't make the components locally yet. even if they can in the future, the overall costs there will still be higher than those in china because these countries don't have the reserves of natural minerals and tech portfolios that china has. china is currently using its national policies to relocate chinese manufacturing companies from the coastal provinces to the hinterland provinces which have lower labour costs but still with great infrastructures. most of the manufacturing capacities are under the control of chinese companies in the world, so if chinese factories in the upper, medium and lower supply chains refuse to leave china, other countries will have no chances. also, china is now automating its manufacturing sectors with self-developed industrial robots, which will further undercut the costs for chinese products, how can the human workers in southeast asia and south asia compete with the robots in china? you are right that there is probably an upcoming war involving china in the future, that's why the chinese govt is so smart by relocating the manufacturing capacities into the deep innerlands like Sichuan, Chongqing, Hubei.... beforehand. these provinces have the shipping luxury of the yangtze river with direct access to the ocean but is located in the hinterlands safe from the potential coastal attacks. also, china's economy is now supported more and more dominantly by domestic consumptions, the manufacturing bases in the hinterlands can reduce delivery costs to local customers.
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  579. I'm from China, Temu's Chinese version Pinduduo (owned by Temu's parent group) is a tremendous success in China(Maybe their China success lead them to expand the same model in the overseas). Now most of Chinese customers have abandoned Taobao (owned by Alibaba) and used Pinduoduo exclusively. Alibaba used 15 years to build the Taobao empire, now it is overtaken by Pinduoduo founded only a few years ago and it's only a mobile app. My mother is now a shopping addict on the app. They not only sell merchandises at lower-than-market prices but also sell fresh produces (vegetables, meat, fruits, bakery, seafood, riverfood) delivered the next morning to the nearest service spot from you (the delivery is very soon, arrival at just the next morning even if you place the order at the previous night, but have to be before 23:00. The trade-off is that they don't deliver to your door but to your nearest service spot for self pickup, which is usually within 100-meter walk from you. They have signed the cooperations with billions of grocery stores, convenience stores and mom-pop stores to serve as their service spot network across China). They also leaned towards the customers in any conflict involving the customer and the seller and would forcefully refund you even if the seller don't agree! Taobao, after being outcompeted in China, started to copy Pinduoduo's model, they now also offer the cheaper-than-market-price product catalogs and next-morning fresh produces delivery, but Pinduoduo is winning the market. The happiest ones are the customers. I think you will like Temu a lot as a customer/a factory owner but hate it a lot as a small business vendor.
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  603. I'm from China, the video shows the manufacturing of just powerbanks but in the Chinese market there are more popular products that are more than just powerbanks, which are the hybrid of a mobile WiFi device and a powerbank. It usually includes an IoT card (Internet of Things card, issued by Chinese telcos, which looks identical to SIM card by physical appearances), built-in antenna for communicating with the telco towers and WiFi signal remitter and relevant chips and a 10,000mAh powerbank. The powerbank can recharge your phone and at the same time, it can act as a portable WiFi source. The internet data plans for IoT cards in China are much much cheaper than those for SIM cards. You can have 300GB data for just 2-3 US dollars a month! So with the powerbank and WiFi in one device, you can roam far from home without worrying about power and data shortages. Such devices are very popular now in China, it seems you guys haven't got such devices in your countries yet. Well, it relies entirely on the IoT cards issued by your local Telcos for data plans (the WiFi feature), so if you don't have these in your country, then this all-in-one powerbank won't be for you. In China, the telcos are pushing for the development of the Internet of Things, a futuristic-world plan to enable all devices such as the home appliances, the vending machines, kiosks, watches, CCTV cameras, cars.... to communicate with each other by data, so they have issued IoT cards (look the same with SIM cards) which have outrageously low pricings for large volumes of internet data in contrast to the expensive ones offered for SIM cards. The powerbank manufactuerers bought these IoT cards to integrate them into the power banks. That's how the hybrid WiFi and powerbank products are born. And who doesn't love them???!!! You may ask why not buy IoT cards and put them directly into your phone? You can't because the telecos will ban your IoT cards right away as they can detect the types of devices these IoT cards are being used for (whether from mobile phones or not). I think sooner or later, the Chinese telecos will ban IoT cards in powerbanks, because these products are taking away a lot of profits from them as more and more customers no longer buy their expensive internet data plans for phones. Before that happens, at least we can enjoy some great benefits for the time being.😉😚🤪
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  618.  @tooltalk  In Europe, only Germany is still revelant in tangible manufacturing and hi-tech industries, the others like Britain, France, Italy... are all de-industrialized to the degree they sell virtual financial services like stocks and insurance products as well as pharmaceuticals (Britain), tourism, perfumes, overvalued LV bags (France), pizza, pasta, macroni and tourism (Italy) ...... They are not relevant with the tangible hi-tech industries, especially the emerging hi-tech ones in the 21st century. Australia and New Zealand are just agricultural countries that sell sheep wools, mutton, beef, milk powder and earth minerals. Canada is...sorry, never heard of any hi-tech companies or even any products from Canada, it has a poor sense of presence when talking about technologies and stuffs. Japan is still somewhat a strong player but it is stagnant for too long and it's becoming not very competitive in more and more industries facing South Korea and China's tech rise. South Korea is increasingly competitive in hi-tech but in the emerging ones like AI, EV, automatic driving, brain-computer interface, quantum, 6G..., it is still largely irrelavant, the real black horse is China. China and the US are the true players in these emerging and disruptive technologies that will shape the future. So far, the US lacks industrial power in conventional hi-tech industries like shipbuidling, semiconductor manufacturing, trucks, cranes and heavy machines and others. China, on the other hand, it is becoming a full-MVP player in both conventional and disruptive high technologies.
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  624. According to Hong Kong and Singaporean media reports recently, China has achieved over 86% of the goals set in the "Made in China 2025" Plan made by the Chinese govt in 2015, which had triggered intensive fears in the US who then waged the tech war, trade war and info war against China since 2018. It was only 8 months aways from 2025, as per the reports, China was likely to achieve most of the rest goals, too. Now China has it own large passenger planes, CPU, GPU, PC and mobile operating systems, NAND and DRAM memory chips, DUV lithography machines (28nm), permenant space station, AI, brain-port interface technology, shipbuilding capacities that is 200 times those of America (as per US govt statements), industrial automation including in the military industrial sector (According to China's state-owned TV reports in 2021, China had completely automated its military industries and was capable of producing 1,000 missles of different-range types in 24 hours😮😮😮😮), EV, solar power technology and hydrogen energy technology, vibrant domestic IT ecosystem, even the gaming and animation technology (Nowadays a lot of Chinese games topped the charts of many countries especially in mobile device realm. Chinese animes have attracted a lot of viewerships on youtube, you can search it if you are unconvinced)....... Back in 2015, when the "Made in China 2025" Plan was made, China wasn't able to do most of these yet. The technological progresses in China are too mindblowing. No wonder the US is so deperate and hysterical nowadays.
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  662. ​@ I said "China was sleeping throughout the 19th century and most of the 20th century", am I wrong? I am from China myself, of course I knew the Century of Humiliation, which is a phrase coined by Chinese intellectuals ourselves for concluding the period from 1840s to 1940s, this part of shameful history has always been repeatedly taught over and over again in Chinese textbooks from primary school to middle school to the university to evoke maximum levels of patriotism and nationalism in China. How can I not know? Even the textbook of Mao Zedong Thought, which is still a mandatory philosophy class in the university for all majors, started from the chapter of the Century of Humiliation and proceeded to teach us how the founding of the PRC changed everything by building a brand new China. Even though China was weak at that time, China was still capable of resisting the encroachment of all the industrialized powers and avoiding being fully colonized. Other parts of the world were not so lucky, they were brutally colonized by the industrialized powers for varying periods of time and had to shed so much blood to fight for independence and liberation, freeing themselves from the subjagation by the industrialized powers. At least we were never a colony of the West. If China hadn't walked so many wrong paths in the 19th and 20th century, we would have been industrialized and become a superpower long time ago, we wouldn't need to wait to the 21st century to do so. The history of the world in the 20th century would have been totally different. Given the level-playing enviornment, the West can't outcompete China and America knows this well, that's why they are so mad and hysterical and ban this and that out of no other options. lol.
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  715. As a Chinese who read and watch both domestic and international media, I think international media are highly biased and intentionally negative about China (some of them even go far to use gray filters to make China look polluted and depressing while reporting from China), therefore leaving people misinformed and when foreigners visit China by person, they feel totally shocked, stunned and cheated by their media as China is far better than what they have expected. People may know that China has changed a lot in the last 30 years and few know that in the last 10 years alone (2013-now), the changes are STILL substantial and profound in every sector. ESPECIALLY in terms of the public cleanliness of the cities and the car ownership rates, nowadays Chinese cities are spotlessly clean and even the rural villages have quite impressive car ownership rates, but 10 years ago, it was not like this. You can compare the drive tour videos of China filmed 10 years ago with those filmed now, can't you? I also want to mention that HK's SCMP is just another BBC/CNN and even worse, they love to pick up some trivial negative news in China and make it a big international news, like a refusal to offer seat in a train, a small street fight, or a quarrel between two strangers in somewhere in China. At least BBC/CNN doesn't report trivial cat fights in China 24/7. But both sides are very misleading. *Note: The BBC/CNN here is a representative umbrella term in reference to all the MSM in the West, it doesn't limit to the two individual media outlets alone.
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  729. What about the unequal treaties that were imposed on China by ALL the industrialized nations during that period? Even countries like Belgium and Austria-Hungary, who were industrialized, sought their own interests in China after witnessing the larger countries doing the same. In 1919, Germany was defeated in WWI and as a result, it relinquished its control over Tsingtao (now known as Qingdao) in China's Shandong province. During the Paris Conference, the Powers opted to transfer Tsingtao to Japan rather than returning it to China. This decision sparked the May Fourth Movement, a historically significant event in which merchants struck markets, workers struck works and students struck classes nationwide, protesting against the decision made by Powers, and it aimed to pressure the Beiyang Chinese government into not signing the protocol. In Peking, angry university students even set fire to the mansions of high-ranking leaders whom they saw as traitors. This event also prompted Chinese intellectuals to launch strong attacks on traditional Chinese culture, viewing it as the cause of China's stagnation and backwardness. Confucius, in particular, was singled out as the primary culprit for his purportedly poisonous Confucianist ideas. (The mindset eventually resulted in the Cultural Revolution in the 1970s, which led to the further destruction of traditional Chinese culture.) There was a push for embracing Western culture and at this time communism was introduced into China. During the time when China was under the oppression of the West, the idea of Communism held great appeal for its citizens. In Shanghai's Huangpu Park in 1918, there was a painful notice written in Chinese that stated, "Chinese and XXX are not allowed." Many Chinese intellectuals were believed to have witnessed the sign and played a significant role in spreading its message to the general public, resulting in nationwide outrages and new heights of nationalism throughout the country. The influence of this message has a profound and enduring effect on the Chinese population's collective mindset, motivating them to strive harder for the future strength and prosperity of their nation for many generations to come. According to the English sign, it said "1. This park is only open to the foreign communities. 4. No dogs are allowed to enter." In Hong Kong, the British practised a strong racial seggregation policy mirroring the Apartheid in South Africa for a century, which only started to fade after the WWII.
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  778.  @DaveJones-100  I'm from China, as you may have known, China was sleeping throughout the industrial revolution ongoing in the other parts of the world in the entire 19th and most of the 20th centuries. Although in the very short-lived Sino-Soviet honeymoon period in the early 1950s, the Soviet assisted China for the start of some military sector industries (they later withdrew due to the deterioration of ties between the two countries in 1961, which became so sour that we became hostile enemies and fought a border war over some island in the border river and China won the war in 1969), we didn't officially start industrialization until the 1980s when we re-embraced capitalism thanks to Deng Xiaoping. China used only 40 years to have nearly caught up with the West and Japan in industrialization levels, who started the game 200 years earlier and 100 years earlier than China respectively. When China introduced the reform-and-opening-up policy in 1980, our GDP per capita was even lower than sub-sahara Africa and only two or three African countries were even poorer than China in the whole world. At that time, it was not the Americans or Europeans who invested in China but the Overseas Chinese, especially those from Hong Kong, Taiwan and Singapore. They brought the industrial expertise and manufacturing capacities into China. Hong Kong relocated all its manufacturing industry into Guangdong province up north. Taiwan relocated large volumes of manufacturing capacities into China. China learnt how the finance and property sectors work from Hong Kong by setting up the Shanghai Stock Exchange and Shenzhen Stock Exchange and privatizing the property markets, it then learnt urban planning from Hong Kong and Singapore. My uncle was a govt official who was sent to Singapore to learn urban planning at that time. On TV and cassete tapes and VCD/DVDs, most of the drama series, movies and pop songs were from Hong Kong, Taiwan and Singapore in the 1980s to 2000s in China. Then in the 1990s, the Japanese investment came in, later the American and Europeans and then Koreans. I was a kid in the 1990s, most of the commercials on TV and advertisements in the streets I saw were from these foreign countries. Local Chinese products were not in shape yet until the end of 1990s and early 2000s. After China joined the WTO in 2001, the changes became dramatic on a daily basis and China was on a rocket mode in terms of industrial development, by the 2010s, Chinese local products were already competitive against international ones and China was very well-industrialized in all sectors. By the 2020s, Chinese products are starting to overtake their international counterparts thanks to China's rapid tech advancement. The idea of tech transfer via joint ventures between international companies and local Chinese companies in the past was proven to not work as intended, because these international companies were not fools, they were very smart and calculating, so they wouldn't give us the goodies, what they could offer us were all old and obsolete tech they didn't mind letting you know anyway. Many people mocked "made in China" in the past because China started everything from the scratch by working from the ground all the way up to where they were now, from the texiles all the way up to the increasingly high-value-added industries now. No countries can industrialize by relying on the mercy of foreigners, they must depend on themselves. In the past, China couldn't compete with the established players in gasoline cars due to their patent barriers so we decided to change the course in starting the EV revolution by investing tremendously in EV technologies 10 years ago and it is now proven to be right. EV is just a tip of the iceberg, China has also been foresighting in many other sectors and now it's the fruitation period.
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  779.  @DaveJones-100  In 1976, Mao Zedong died and the Cultural Revolution that ravaged China for a decade ended. Deng Xiaoping, who was purged twice by Mao and was sent in exile, rose to the top leader status, after winning the power struggle against Mao's wife, Jiang Qing (known as Madam Mao in English media back then) and her Gang of Four clique (When Jiang was young, she was a third-class actress in the international city Shanghai in the 1930s, she was too broke to afford the rents so she went straight ahead to Yan'an and joined the Communist revolutionists and later became Mao's wife. After her husband died in 1976, she wanted to replace him as the paramount leader herself but failed.) Deng Xiaoping was one of the few Chinese leaders who had lived in the West for some time so he was more open-minded. In the 1920s, Deng, along with other Chinese kids, was sent to France by the then-Chinese govt to learn some know-how to empower China as China was very weak at that time. The night before his departure, Deng's father took his son aside and asked him what he hoped to learn in France. He repeated the words he had learned from his teachers: "To learn knowledge and truth from the West in order to save China." Deng was aware that China was suffering greatly, and that the Chinese people must have a modern education to save their country. The voyage set off from Shanghai and stopped over in Singapore, a Chinese-majority British colony, for a couple of days. In France, Deng worked in a steel plant and studied middle school courses at night, where he was introduced to Communism and became a Communist. Later, Deng travelled to the university in Moscow to further his studies and was in the same class with Chiang Ching Kuo, Chiang Kai-shek's son, who would rule Taiwan for decades later as they escaped from mainland China after losing the civil war in 1949. Fast forward to 1978, Deng visited Singapore again and was utterly shocked by the great transformations there, in strong contrast to the Singapore he remembered in the 1920s. Lee Kwan Yew told him "We Singaporeans are the offsprings of illiterate Chinese peasants who migrated here from Southern China for survival 100 years ago and we can achieve all these, you have the best brains in China, you should have done better than us." Deng Xiaoping was speechless. Deng then visited Japan in 1978 and the US in 1979 and was overwhelmed by how far China was behind. After coming back to China, he started the reform-and-opening-up policy and China re-embraced capitalism. His decision was actually met with strong resistances from pro-Mao leaders at that time. So he designated Shenzhen, a poor rural town next to Hong Kong, as the experimental ground for capitalism in 1979. And boom! In no time was Shenzhen soaring into a metropolis and developing like crazy. That convinced all the doubters and by the early 1990s, all of China embraced capitalism.
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  780.  @DaveJones-100  In 1976, Mao Zedong passed away and the Cultural Revolution that ravaged China for a decade ended. Deng Xiaoping, who was purged twice by Mao and was sent in exile, rose to the top leader status, after winning the power struggle against Mao's wife, Jiang Qing (Madam Mao) and her Gang of Four clique (When Jiang was young, she was a small actress in the international city Shanghai in the 1930s, she was too broke to afford the rents so she went straight ahead to Yan'an and joined the Communist revolutionists and later became Mao's wife. After her husband passed away in 1976, she wanted to replace him as the paramount leader herself but failed.) Deng Xiaoping was one of the few Chinese leaders who had lived in the West for some time so he was more open-minded. In the 1920s, Deng, along with other Chinese kids, was sent to France by the then-Chinese govt to learn some know-how to empower China as China was very weak at that time. The night before his departure, Deng's father took his son aside and asked him what he hoped to learn in France. He repeated the words he had learned from his teachers: "To learn knowledge and truth from the West in order to save China." Deng was aware that China was suffering greatly, and that the Chinese people must have a modern education to save their country. The voyage set off from Shanghai and stopped over in Singapore, a Chinese-majority British colony, for a couple of days. In France, Deng worked in a steel plant and studied middle school courses at night, where he was introduced to Communism and became a Communist. Later, Deng travelled to the university in Moscow to further his studies and was in the same class with Chiang Ching Kuo, Chiang Kai-shek's son, who would rule Taiwan for decades later as they escaped from mainland China after losing the civil war in 1949. Fast forward to 1978, Deng visited Singapore again and was utterly shocked by the great transformations there, in strong contrast to the Singapore he remembered in the 1920s. Lee Kwan Yew told him "We Singaporeans are the offsprings of illiterate peasants who migrated here from Southern China generations ago and we can achieve all these, you have the best brains in China, you should have done better than us." Deng Xiaoping was speechless. Deng then visited Japan in 1978 and the US in 1979 and was overwhelmed by how far China was behind. After coming back to China, he started the reform-and-opening-up policy and China re-embraced capitalism. His decision was actually met with strong resistances from pro-Mao leaders at that time. So he designated Shenzhen, a poor rural town next to Hong Kong, as the experimental ground for capitalism in 1979. And boom! In no time was Shenzhen soaring into a metropolis and developing like crazy. That convinced all the doubters and by the early 1990s, all of China embraced capitalism.
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  824. In Europe, only Germany is still revelant in tangible manufacturing and hi-tech industries, the others like Britain, France, Italy... are all de-industrialized to the degree they sell virtual financial services like stocks and insurance products as well as pharmaceuticals (Britain), tourism, perfumes, overvalued LV bags (France), pizza, pasta, macroni and tourism (Italy) ...... They are not relevant with the tangible hi-tech industries, especially the emerging hi-tech ones in the 21st century. Australia and New Zealand are just agricultural countries that sell sheep wools, mutton, beef, milk powder and earth minerals. Canada is...sorry, never heard of any hi-tech companies or even any products from Canada, it has a poor sense of presence when talking about technologies and stuffs. Japan is still somewhat a strong player but it is stagnant for too long and it's becoming not very competitive in more and more industries facing South Korea and China's tech rise. South Korea is increasingly competitive in hi-tech but in the emerging ones like AI, EV, automatic driving, brain-computer interface, quantum, 6G..., it is still largely irrelavant, the real black horse is China. China and the US are the true players in these emerging and disruptive technologies that will shape the future. So far, the US lacks industrial power in conventional hi-tech industries like shipbuidling, steel-making, semiconductor manufacturing, trucks, cranes and heavy machines manufacturing and others. China, on the other hand, is becoming a full-MVP player in both conventional and disruptive high technologies.
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  843. As a Chinese, I shall say that actually human sacrifice was very common during the Shang dynasty (1600 BC – 1046 BC) in the Yellow River civilization (the major source of the Chinese Civilization) which was concurrent with the Shu Civilization in Sichuan as featured in this documentary. The people in the Shang dynasty created the Oracle-bone scripts (the earliest forms of Chinese characters) which they wrote on the bones and turtle shells for fortunate-telling and event-predicting rituals, which were a big part of their culture at that time. Even in the Spring and Autumn Period ( 770 to 481 BC) and Warring State Period (475 to 221 BC) when China was already a highly developed civilization, human sacrifice of servants and concubines was practised for the demised kings. After the Qin defeated the Six rival kingdoms and unified China ending the Warring State Period, the 37th king of Qin declared himself as the First Emperor of China, his mausoleum was an entire moutain and was not excavated yet except the Terracotta Warriors at the foot of the moutain, the large armies of Terracotta Warriors replaced humans as the artificial subjects of sacrifices, not sure if he used human sacrifices but he was known to be a ruthless tyrant. Generally speaking, human sacrifices were rare in China since the 200 BC, but were still practised by the neighbouring nomads like the Mongols, Khitan and Jurchen/Manchu in the following 1500 years. It was said that when Genghis Khan was dead in 1227, all of the people along the road where the procession of his funeral passed by were sacrificed. During the early Ming dynasty (in the 1390s-1440s), human sacrifice was shortly restored in China by Zhu Yuanzhang, the founding emperor of the Ming dynasty probably due to the influences of the preceding Mongol-led Yuan-dynasty . The concubines and royal servants needed to continue to serve the demised emperors in their afterlifes so they were forced to commit suicides during the funerals of the emperors, which was extremely cruel and inhumane and was soon banned by the 4th emperor of the Ming dynasty in the 1440s.
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  862. China knew it couldn't outcompete the Japanese and Western car makers in conventional gasoline cars so it invested heavily in new energy cars including EVs and hydrogen-fuelled cars when nobody was paying attention to these. Now it's the harvesting time as efforts start to pay off. Why do you blame them for being visionary and forward-thinking? Actually in the past 30 years, not only foreign car markers made crazy fortunes in the Chinese market but also foreign investors of all the other industries. KFC came to China earlier than Mac Donalds, and it was so successful in China that KFC was literally laughing all day long and counting cash. Mac Donalds came later and is still successful, just not as successful as KFC. The Chinese toothpaste and shampoo markets have been monopolized by western brands, who made too much money because everybody of the 1.4 billion people needs to brush teeth and wash hairs everyday. Foreign skin care products have also made too much money in China. Nike CEO says they cannot live without China because the money is too easy to make in China, as Nike shoes are very popular among the Chinese consumers. 30% of Apple's global profits came from China each year. These western companies have made tremendous profits in China in the past 30 years, I think it's only fair for Chinese companies to make a lot of money in the West as well but when Chinese companies become successful in the West, like Huawei, Tik Tok, DJI, BYD...., the West starts to panic and try to ban them or set unbelievable traiffs on them. This is not fair at all!!! The West is faking the preach of free market when they are making a lot of money in China and when China starts to make money in their countries, they throw free market principles in the dusts. The typical only-I-can-and-you-can't mentality and double standardness and hypocrisy.
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  866. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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  884. I'm from China, Temu's Chinese version Pinduduo (owned by Temu's parent group) is a tremendous success in China(Maybe their China success lead them to expand the same model in the overseas). Now most of Chinese customers have abandoned Taobao (owned by Alibaba) and used Pinduoduo exclusively. Alibaba used 15 years to build the Taobao empire, now it is overtaken by Pinduoduo founded only a few years ago and it's only a mobile app. My mother is now a shopping addict on the app. They not only sell merchandises at lower-than-market prices but also sell fresh produces (vegetables, meat, fruits, bakery, seafood, riverfood) delivered the next morning to the nearest service spot from you (the delivery is very soon, arrival at just the next morning even if you place the order at the previous night, but have to be before 23:00. The trade-off is that they don't deliver to your door but to your nearest service spot for self pickup, which is usually within 150-meter walk from your residence. They have signed the cooperations with billions of grocery stores, convenience stores and mom-pop stores to serve as their service spot network across China). They also leaned towards the customers in any conflict involving the customer and the seller and would forcefully refund you even if the seller don't agree! Taobao, after being outcompeted in China, started to copy Pinduoduo's model, they now also offer the cheaper-than-market-price product catalogs and next-morning fresh produces delivery, but Pinduoduo is winning the market. The happiest ones are the customers. I think you will like Temu a lot as a customer/a factory owner but hate it a lot as a small business vendor.
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  912. I'm from China, Temu's Chinese version Pinduduo (owned by Temu's parent group) is a tremendous success in China(Maybe their China success lead them to expand the same model in the overseas). Now most of Chinese customers have abandoned Taobao (owned by Alibaba) and used Pinduoduo exclusively. Alibaba used 15 years to build the Taobao empire, now it is overtaken by Pinduoduo founded only a few years ago and it's only a mobile app. My mother is now a shopping addict on the app. They not only sell merchandises at lower-than-market prices but also sell fresh produces (vegetables, meat, fruits, bakery, seafood, riverfood) delivered the next morning to the nearest service spot from you (the delivery is very soon, arrival at just the next morning even if you place the order at the previous night, but have to be before 23:00. The trade-off is that they don't deliver to your door but to your nearest service spot for self pickup, which is usually within 100-meter walk from you. They have signed the cooperations with billions of grocery stores, convenience stores and mom-pop stores to serve as their service spot network across China). They also leaned towards the customers in any conflict involving the customer and the seller and would forcefully refund you even if the seller don't agree! Taobao, after being outcompeted in China, started to copy Pinduoduo's model, they now also offer the cheaper-than-market-price product catalogs and next-morning fresh produces delivery, but Pinduoduo is winning the market. The happiest ones are the customers. I think you will like Temu a lot as a customer/a factory owner but hate it a lot as a small business vendor.
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  926. As a Chinese who have been living in China for 34 years, I have not heard of the word Communism for a long long time, as it was only a buzzword in my grandfather's and my father's childhood era. It's so hilarious that these foreigners keep talking about Communism in front of us to define us. China is more capitalistic than anyone else as money worshipping is the only religion and it has all the good side and bad side of any capitalistic nations. The West is too ignorant of China today, they seem to stereotype China as if it were the same as the country in the Mao era or they intentionally distort the perception even if they know China today is different. Either way, we are everything but Communism in real life and our transformation is very very fast, in comparison to only 10 years ago, maybe your country doesn't change much but China has changed tremendously in terms of street cleanliness, the prevalence of car ownership in the countryside, subway mileage (Guangzhou, where I live, now has over 1,000km subway mileage, 1,000km in a single city!), technology application and everything visible to the eyes. The Western media never let you know that China actually files almost half of the world's tech patents each year and has published more high-impact science research outputs than the US for quite a few years. Science and technology are the key to a country's development and it knows no ideologies. Whoever is smarter and more education-oriented will win the race. When the American kids are partying, Chinese kids are studying.
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  932. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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  947. In Europe, only Germany is still revelant in tangible manufacturing and hi-tech industries, the others like Britain, France, Italy... are all de-industrialized to the degree they sell virtual financial services like stocks and insurance products as well as pharmaceuticals (Britain), tourism, perfumes, overvalued LV bags (France), pizza, pasta, macroni and tourism (Italy) ...... They are not relevant with the tangible hi-tech industries, especially the emerging hi-tech ones in the 21st century. Australia and New Zealand are just agricultural countries that sell sheep wools, mutton, beef, milk powder and earth minerals. Canada is...sorry, never heard of any hi-tech companies or even any products from Canada, it has a poor sense of presence when talking about technologies and stuffs. Japan is still somewhat a strong player but it is stagnant for too long and it's becoming not very competitive in more and more industries facing South Korea and China's tech rise. South Korea is increasingly competitive in hi-tech but in the emerging ones like AI, EV, automatic driving, brain-computer interface, quantum, 6G..., it is still largely irrelavant, the real black horse is China. China and the US are the true players in these emerging and disruptive technologies that will shape the future. So far, the US lacks industrial power in conventional hi-tech industries like shipbuidling, steel-making, semiconductor manufacturing, trucks, cranes and heavy machines manufacturing and others. China, on the other hand, is becoming a full-MVP player in both conventional and disruptive high technologies.
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  957. Gree invested 6.2 billion yuan in R&D per year and Midea invested even more in R&D, at 13 billion yuan a year. Meanwhile Chigo invested only 100 million a year and was facing insolvency due to poor sales as Gree and Midea ruled the Chinese market. China exports a worshipping amount of 60 million AC units a year. The printer market used to be monopolized by Japan and America, now China started to rise in the printer market as well. Pantum, a printer brand from China with its own technological patent portfolio (printer is actually highly tech intensive and with overwhelming patent barriers set up by early players from Japan and America, it's very very difficult to develop new tech bypassing such barriers, even Samsung gave up its printer businesses due to the existing tech barriers but China's Pantum succeeded to break through them), is quietly growing in presence at the printer markets in more and more countries. If you look at the patent filing landscape of the world today, China is filing nearly 50% of the world's patents each year! (you can check the official data from WIPO). I think it is not surprising as China is now leading science research in all fields except medical science where the US is still leading and China comes at the second place with significant gaps with the US. According to the Nature Index 2024, released by the science journal Nature a few days ago, in overall science research, *7 out of the top 10 institutions in the world come from China, including the first runner, the Chinese Academy of Science*, however in the specific field of medical science, the US is still far ahead and China comes at the distant second place (the medical science is also the only field that the US is still ahead China).
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  972. Singapore was forcefully kicked out by Malaysia against its will, it's not that Singapore didn't want to be a part of Malaysia. Lee Kwan Yew declared Singapore's unwanted independence in tears and choking voices. You need to get the facts straight first. Singapore's freshwater has been supplied by Malaysia as it doesn't have enough freshwater from its own land, they are collecting raindrops and desalination, which are too costly and unsustainable in the long run. That's why Singapore prefers to stay in Malaysia. Do you know why Malaysia kicked out Singapore against its will? Because Singapore has been an overwhelming Chinese-majority region and at that time, Chinese in Malaya was at around 40% of the total demographics, drawing close to that of the Malays. The Malays thought they were the indigenous owner of Malaysia but they couldn't compete with the Chinese in economics. Since the Chinese had already controlled Malaya's economy and the Malays worried the political power would fall into their hands too, making them the unprevilleged in their own lands. So by kicking out Singapore, Malaysia maintained a Malay majority demographic and no matter how you vote your leaders, the political power will always be in the hands of Malays. Later, the Malaysian govt enacted many Malays-in-priority policies to undermine the economic power of the Chinese and the Chinese were not favored in govt jobs. All the racist policies caused a Chinese exodus, combined with a low birth rate, the Chinese population plunged significantly in Malaysia to merely 20%. By the way, Singapore is not known to be pro-China, it's known to be pro-the West, and a lot of Singaporeans can't speak Chinese properly nowadays. On the contrary, it's the over-7 millions of Chinese Malaysians who are ardently pro-China. They still speak perfect Chinese and have a robust Chinese-language-delivered educational system from kindergartens to high schools across Malaysia. They love China more than they love Malaysia. Due to China's rapid rise and global influences, a lot of Malays and Indians also send their kids to Chinese-medium schools in Malaysia in the recent decade.
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  983. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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  993. You have no idea how rich the central govt of China is, literally the majority (60%) of the tax of all kinds in China go to the central govt and the state-owned assets are controlled by the central govt and all the lands belong to the state. The central govt of China can actually bail out the local govts by sending them free money for the payments of whatever debts they have but it refuses to do so and decides to just lend money to the local govts with low interest rates over a long period of time for them to pay back their urgent and hidden debts with high interest rates (the Debt Swap strategy, not Debt Payment strategy). Why? Because the central govt wants the local govts to be as self-sufficient as possible and work harder to propel up the local economies instead of begging free money from the central govt and becoming lazy without many pressures and obligations and at the same time spending money carelessly. The central govt wants them to be stay tight with great pressures and work harder and spend the tax money carefully and rationally in local projects. That's why many local govt officials are very busy in their "invest in my place" promo compaigns in other cities and provinces to attract business investments and creating favorable climates for businesses to thrive. When the businesses come from other places or set up by locals, thrive and generate higher revenues in their governed domains, the local govts can collect more tax and do many development projects and form a virtuous cycle.
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  1000. south asia and the philippines are not investable at least in the manufacturing sectors, otherwise they would have been invested decades ago. vietnam is investable but vietnam's infrastructure is still lacking, like shortage of electricity and lack of transportation facilities making logistic costs high. the costs of industrial electricity and logistics in china are much lower than those in vietnam, the philippines and south asia. vietnam is still buying a large volume of electricity from china's guangxi province so how can its electricity costs be lower? vietnam or india currently can only assemble up intermediate goods imported from china. they can't make the components locally yet. even if they can in the future, the overall costs there will still be higher than those in china because these countries don't have the reserves of natural minerals and tech portfolios that china has. china is currently using its national policies to relocate chinese manufacturing companies from the coastal provinces to the hinterland provinces which have lower labour costs but still with great infrastructures. most of the manufacturing capacities are under the control of chinese companies in the world, so if chinese factories in the upper, medium and lower supply chains refuse to leave china, other countries will have no chances. also, china is now automating its manufacturing sectors with self-developed industrial robots, which will further undercut the costs for chinese products, how can the human workers in southeast asia and south asia compete with the robots in china? you are right that there is probably an upcoming war involving china in the future, that's why the chinese govt is so smart by relocating the manufacturing capacities into the deep innerlands like Sichuan, Chongqing, Hubei.... beforehand. these provinces have the shipping luxury of the yangtze river with direct access to the ocean but is located in the hinterlands safe from the potential coastal attacks.
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  1001. I'm from China, the video shows the manufacturing of just powerbanks but in the Chinese market there are more popular products that are more than just powerbanks, which are the hybrid of a mobile WiFi device and a powerbank. It usually includes an IoT card (Internet of Things card, issued by Chinese telcos, which looks identical to SIM card by physical appearances), built-in antenna for communicating with the telco towers and WiFi signal remitter and relevant chips and a 10,000mAh powerbank. The powerbank can recharge your phone and at the same time, it can act as a portable WiFi source. The internet data plans for IoT cards in China are much much cheaper than those for SIM cards. You can have 300GB data for just 2-3 US dollars a month! So with the powerbank and WiFi in one device, you can roam far from home without worrying about power and data shortages. Such devices are very popular now in China, it seems you guys haven't got such devices in your countries yet. Well, it relies entirely on the IoT cards issued by your local Telcos for data plans (the WiFi feature), so if you don't have these in your country, then this all-in-one powerbank won't be for you. In China, the telcos are pushing for the development of the Internet of Things, a futuristic-world plan to enable all devices such as the home appliances, the vending machines, kiosks, watches, CCTV cameras, cars.... to communicate with each other by data, so they have issued IoT cards (look the same with SIM cards) which have outrageously low pricings for large volumes of internet data in contrast to the expensive ones offered for SIM cards. The powerbank manufactuerers bought these IoT cards to integrate them into the power banks. That's how the hybrid WiFi and powerbank products are born. And who doesn't love them???!!! You may ask why not buy IoT cards and put them directly into your phone? You can't because the telecos will ban your IoT cards right away as they can detect the types of devices these IoT cards are being used for (whether from mobile phones or not). I think sooner or later, the Chinese telecos will ban IoT cards in powerbanks, because these products are taking away a lot of profits from them as more and more customers no longer buy their expensive internet data plans for phones. Before that happens, at least we can enjoy some great benefits for the time being. 😉😚🤪
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  1014. I'm from China, Temu's Chinese version Pinduduo (owned by Temu's parent group) is a tremendous success in China(Maybe their China success lead them to expand the same model in the overseas). Now most of Chinese customers have abandoned Taobao (owned by Alibaba) and used Pinduoduo exclusively. Alibaba used 15 years to build the Taobao empire, now it is overtaken by Pinduoduo founded only a few years ago and it's only a mobile app. My mother is now a shopping addict on the app. They not only sell merchandises at lower-than-market prices but also sell fresh produces (vegetables, meat, fruits, bakery, seafood, riverfood) delivered the next morning to the nearest service spot from you (the delivery is very soon, arrival at just the next morning even if you place the order at the previous night, but have to be before 23:00. The trade-off is that they don't deliver to your door but to your nearest service spot for self pickup, which is usually within 100-meter walk from you. They have signed the cooperations with billions of grocery stores, convenience stores and mom-pop stores to serve as their service spot network across China). They also leaned towards the customers in any conflict involving the customer and the seller and would forcefully refund you even if the seller don't agree! Taobao, after being outcompeted in China, started to copy Pinduoduo's model, they now also offer the cheaper-than-market-price product catalogs and next-morning fresh produces delivery, but Pinduoduo is winning the market. The happiest ones are the customers. I think you will like Temu a lot as a customer/a factory owner but hate it a lot as a small business vendor.
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  1018. in terms of cars, maybe. but in terms of other products, not really, there were far far less western manufacturers than asian ones (especially those of ethnic Chinese backgrounds) investing in China since the 1980s. China embraced capitalism via the reform and open-door policy in 1980. All the factories from Hong Kong, Taiwan and Southeast Asia (mainly owned by ethnic Chinese) moved to China's Guangdong province to take advantage of the absurdly cheap labor (in 1980, China's GDP per capita ranked third from the bottom even in Sub-sahara Africa) and to support their Chinese fellows in their ancestral hometowns (Guangdong is the hometown to most of the ethnic Chinese living in the overseas). They brought the know-how to China. At that time, there were many industries not yet existing in China, China sent lots of govt officials to learn stock markets, real estate principles and how capitalism worked from Hong Kong and urban planning from Singapore. In the early 1990s, Japanese and European manufacturers started to invest in China by taking advantage of cheap labour and the tremendous market only. In the late 1990s, the US companies joined the game to invest in China with the same incentives. In the early 2000s, Korean manufacturers started to move some of their productions to China. At that time, many Chinese workers were not satisfied by working for others forever, after they learnt how to do the businesses, they quit and started their own businesses. China also saw millions of college graduates each year and encouraged the talents to start up their own businesses with tax incentives. In the manufacturing sectors, the majority of Chinese workers were voluntary to work 15 hours a day without weekends off all year around in order to earn some more money than they could in a standard 8-hour-workday-with-2-days-off-a-weekschedule. They saved most of the money by spending minimum. They were also highly productive, which contributed to the tremendous industrial growth of China. China's industries started to develop and mature in a very rapid manner. By the late 2000s, China already became a full player across all industrial spectrums. By the 2010s, Chinese industries started to compete with foreign ones in the global stages and by the early 2020s, they started to outcompete the foreign rivals. The secrets of China's success in such a short period of time: competent goverment with all the best policies favable to development of all the industries, the smartness of the Chinese people and the hardworking ethics of the Chinese people, the education-loving culture and high expectation of parents and society, and the blatant money-worshipping culture (although it causes a moral decay) and high saving rates....
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  1021. As a Chinese who read and watch both domestic and international media, I think international media are highly biased and intentionally negative about China (some of them even go far to use gray filters to make China look polluted and depressing while reporting from China), therefore leaving people misinformed and when foreigners visit China by person, they feel totally shocked, stunned and cheated by their media as China is far better than what they have expected. People may know that China has changed a lot in the last 30 years and few know that in the last 10 years alone (2013-now), the changes are STILL substantial and profound in every sector. ESPECIALLY in terms of the public cleanliness and the car ownership rates, nowadays Chinese cities are spotlessly clean and even the rural villages have quite impressive car ownership rates, but 10 years ago, it was not like this. You can compare the drive tour videos of China filmed 10 years ago with those filmed now, can't you? I also want to mention that HK's SCMP is just another BBC/CNN and even worse, they love to pick up some trivial negative news in China and make it a big international news, like a refusal to offer seat in a train, a small street fight, or a quarrel between two strangers in somewhere in China. At least BBC/CNN doesn't report trivial cat fights in China 24/7. But both sides are very misleading. *Note: In China, BBC/CNN is usually a representative umbrella term in reference to all the MSM in the West, it doesn't limit to the two individual media outlets alone.
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  1030. 1990. China's economy has come to a halt. The Economist 1996. China's economy will face a hard landing. The Economist 1998. China's economy’s dangerous period of sluggish growth. The Economist 1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada 2000. China currency move nails hard landing risk coffin. Chicago Tribune 2001. A hard landing in China. Wilbanks, Smith & Thomas 2002. China Seeks a Soft Economic Landing. Westchester University 2003. Banking crisis imperils China. New York Times 2004. The great fall of China? The Economist 2005. The Risk of a Hard Landing in China. Nouriel Roubini 2006. Can China Achieve a Soft Landing? International Economy 2007. Can China avoid a hard landing? TIME 2008. Hard Landing In China? Forbes 2009. China's hard landing. China must find a way to recover. Fortune 2010: Hard landing coming in China. Nouriel Roubini 2011: Chinese Hard Landing Closer Than You Think. Business Insider 2012: Economic News from China: Hard Landing. American Interest 2013: A Hard Landing In China. Zero Hedge 2014. A hard landing in China. CNBC 2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes 2016. Hard landing looms for China. The Economist 2017. Is China's Economy Going To Crash? National Interest 2018. China's Coming Financial Meltdown. The Daily Reckoning. 2019 China's Economic Slowdown: How worried should we be? BBC 2020. Coronavirus Could End China's Decades-Long Economic Growth Streak. NY Times 2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg 2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg. 2023. No word should be off-limits to describe China's faltering economy. Bloomberg 2024: New data spells bad news for China's economy. DW News.
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