Comments by "mombaassa" (@mombaassa) on "China Observer"
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THE IRONY:
For creativeness/inventiveness, no nation has more graduates than China. The People's Republic has over 140 million of them. That's more than the entire population of Japan, more than the combined population of Britain & France, or the combined population of 3 of their high tech rivals, in the form of Taiwan, Netherlands, & South Korea. It's been like that for about 30 years.
RESULT:
So, where are all the brilliant inventions, wonderful symphonies, or great discoveries? Where are the dozens, of Nobel Laureates? Instead, China is better known for leading the world in the theft of high tech and intellectual property. 👏
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As its labour force becines more expensive, a country must transition to knowlege intensive, highly value added industries, to avoid falling into the middle income trap (e.g., Philippines, Brazil, South Africa... etc.). That change, requires a creative, imaginative, free thinking workforce.
You won't have such a workforce, when you train children with a Confucian based education, implemented by an authoritarian regime. China has over 140 million graduates. That's more graduates than the total population of nations like, Britain, France, Italy, or Australia. So, where are all the brilliant Chinese inventions, the beautiful symphonies, great discoveries and Nobel laureates? Instead, China remains famous, or its dependence in stolen technology.
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Sadly, there's hardly any protest, from Islamic world. Be it, predominantly Islamic nations (Pakistan, Turkey, Iran, Sudan...), or groups (Hamas, Al Qaeda & the Taliban), little is said of Uyghurs/Xinjiang. Infact, many happily collaborate, with China.
Imagine if the US or British government, demolished mosques? No Fatwas/Jihads, have been proclaimed, for CCP actions in Xinjiang.
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@smalfishfung Interesting. What portion of space launches, do these failures represent, for China and the US, respectively?
What portion of these accidents, for China and the US, involved the rocket exploding in low earth orbit (producing a significant problem with space junk)?
Without such details, your data has little value.
You also need to define, what you mean by US launches. Are you, for example, counting launches by private companies, like Space X? Some such launches, don't even take place, in the USA.
This year so far, more vehicles have been launched into space from New Zealand, than Russia. How does the NZ safety record, compare to that of China?
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CHANG IN REAL ESTATE VALUE:
"Location", is the main factor, in valuing real estate. However, we're increasingly working, studying, shopping, researching, recreating... etc., on-line. Location is losing its significance.
At some time, Beijing accountants, secretaries, psychiatrist, designers, counsellors, authors, lawyers, tai chi instructors, tutors... and so on, will realise they can still work, from nicer locations. They'll cut the commuting hours, spend more time with their children, live in a cleaner safer place, breathe fresh air, have more space, pay off the mortgage sooner, and avoid all those security cameras. What will happen to big city property prices, then?
Each new generation, seems willing to do more things, online. I believe, a major reset is coming, in global property prices. Industrial locations, will not be affected much but commercial and residential property values, face a downward adjustment. In China, nearly everyone's nest egg, is a residential property.
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@marcusr3795 @marcusr3795 True. However, in the age of dual income families, many kids in China have been raised by 4 grandparents. Even if not told they're special, the subconscious message is there. They're the focus of attention, for upto 6 adults.
Conversely, when they join the workforce and mortgage belt, they become, "...just another brick in the wall". Possibly, why some are choosing, not to take that step.
Your statement, re pension plan, status... etc., raises an interesting issue. How would Chinese parents/grandparents react, if the CCP wanted to send their only son, to serve in a war?
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@TheAnonymousKnightOfJustice The US government does not gag the American press, with the same restrictions that the CCP applies to Chinese journalists. So, there are plenty of US & other western mainstream media services, publishing both the good & bad news, from America.
Conversely, Chinese media services, only publish the good news, from China. That practice, creates a gap in the market, filled by specialist channels like this one.
So, if you don't like it, talk to the CCP. Suggest that they start publishing a fuller picture of the situation in their country.
I doubt I've told you anything, that you did not already know.
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@Yae-Miko216 Growp and stop acting like a spoilt, only child. My country was also conquered by the Japanese. Many people from my extended family, died at their hands. Some were tortured to death. Some were worked to death on the Burma Railway. One was even buried alive, as a warning to others.
The one time we were offered any apology and US $16 billion compensation, in 1992, we told Japan to keep both. My brother expressed our feelings in an open letter, published in the newspaper. It explained the there was no point in receiving such things from people who were not even alive, when the war took place. Get it?
That's a logical and mature attitude. So, grow spine, act like an adult, and stop swallowing propaganda from a government who's desperate to distract you from its own corruption and failures.
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What was done, with the money from 25 years of economic boom? The CCP spent it on:
- aircraft carriers
- building artificial islands
- nuclear weapons
- an expanding space programme
- a vast, espionage network
- building cyber armies
- hypersonic missiles
- overseas Confucian Institutes
- overseas police stations
- border clashes (India, Japan... etc.)
- a "Xi Jinping Thought" programme
- oppression of ethnic minorities
- incarcerating a million plus Uyghurs
- bullying other countries
- constructing scores of ghost cities
- building largely unused, rail/bridge projects
- cracking down on tuition schools
- increasing comodity costs by "punishing" Australia
- supporting Putin's greedy war
- unsuccessfully, bullying Lithuania
- millions of spy cameras with facial recognition technology
- tracking/monitoring a billion+ Chinese phones
- hosting Winter & Summer Olympics
...but now, they won't spend to support their youth! The one child policy and cultural traditions, mean these kids will eventually, each support up to 2 parents & 4 grandparents. Meanwhile, wealthy senior party members, disappear overseas, with ill-gotten gains.
In an authoritarian society, there is only one entity to blame, when things go wrong.
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