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China Sucks


Hugo Stiglitz

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  • 3 weeks later...
1 minute ago, babysdaddy said:

Assume everyone has seen the Black Mirror episode that goes into social credit scores?  It's great and apparently is starting to happen

There are Americans probably dying to have us do the same. Lookin at you, Mr. "Please fill out your customer satisfaction survey".

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On 10/5/2018 at 5:08 PM, SmokeyTheBear said:

https://www.google.com/amp/s/www.vox.com/platform/amp/2018/10/5/17942546/interpol-president-missing-china

Meng Hongwei, the president of Interpol — an international organization that coordinates law enforcement agencies worldwide — hasn’t been seen since last week, when he departed from France on his way to China on September 29, according to multiple reports.

The French authorities opened an investigationinto his disappearance after Meng’s wife reportedly went to authorities in Lyon, where Interpol is headquartered, to let them know that she hadn’t heard from her husband since he landed in China.

Meng, according to the South China Morning Post, is a Chinese national and former Communist Party official, and he is still listed as a vice-minister for the Chinese government. The outlet also reported that he’s “under investigation” in China, but Chinese authorities have not offered comment.

Anyone checked with the Saudi consulate ?

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Why are some of you being so wildly critical and judgmental of an otherwise social-fabric driven form of Communism?  Very racist and anti-progressive.  

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https://www.justice.gov/opa/pr/chinese-intelligence-officers-and-their-recruited-hackers-and-insiders-conspired-steal

Department of Justice
Office of Public Affairs

FOR IMMEDIATE RELEASE
Tuesday, October 30, 2018

Chinese Intelligence Officers and Their Recruited Hackers and Insiders Conspired to Steal Sensitive Commercial Aviation and Technological Data for Years

Chinese intelligence officers and those working under their direction, which included hackers and co-opted company insiders, conducted or otherwise enabled repeated intrusions into private companies’ computer systems in the United States and abroad for over five years.  The conspirators’ ultimate goal was to steal, among other data, intellectual property and confidential business information, including information related to a turbofan engine used in commercial airliners.

 

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  • 3 weeks later...

Interesting how if the US played it right that we could easily contain China given the push back by majority of countries..

 

 

 

Quote

In the first essay, we analyze foreign investment through the twists and turns of Qualcomm’s tenure in the China market. Not only does Qualcomm illuminate China’s evolving FDI regime but it is possibly the company that epitomizes US-China competition over technology and standards.

Next is a close look at steel, a commodity that, more than almost any other, symbolizes China’s hyper industrialization. Steel, long exalted by Chinese leaders, shows how market competition could quickly turn scarcity into abundance.

Coffee is a commodity that sheds light on other key aspects of China’s development: agricultural reform and the rise of a consumer class. In the third essay, we examine how the advent of coffee mirrors China’s post-industrial transition to consumption-led growth.

Finally, this series would be incomplete without reflecting on the state’s sustained yet diminished role in the economy, aptly captured in the evolution of China’s central planning agency. The waning authority of today’s National Development and Reform Commission reveals important shifts in the contest between state and market.

Whether China’s next 40 years will be defined by economic progress or political regression depends largely on how reforms continue. We do not have all the answers but hope that this series will shed light on China’s improbable but incomplete journey from poverty to wealth.

https://macropolo.org/reform-and-opening/

 

 

Edited by happyfunball
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17 minutes ago, Hugo Stiglitz said:

I fear we dropped the ball on China by Trump trying to take them on alone instead of building a global coalition with our allies, then leveraging that against Beijing. 

That's like the CFP committee sending Kansas to the playoffs and matching them up against Alabama in the first round. That is not a case of dropping the ball, its sending a lamb off to slaughter.

 

 

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Just now, FondrenRoad said:

Oh, the ones that your president is currently alienating?  

PRO TIP:  He's your president too. Among the lamest things I hear today (fill in a name) is not my (fill in the blank).

Presidents come and go, our allies will be here after he leaves.  Where else are they gonna go ?  With the Russians ?  Chinese ?

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5 minutes ago, Onboard 2.0 said:

PRO TIP:  He's your president too. Among the lamest things I hear today (fill in a name) is not my (fill in the blank).

Presidents come and go, our allies will be here after he leaves.  Where else are they gonna go ?  With the Russians ?  Chinese ?

Europe is already going with each other, and understanding that we, like Russia, are a negative influence on their union. Japan is developing a much friendlier tone with China. They have places to go, old timer. 

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1 minute ago, Onboard 2.0 said:

PRO TIP:  He's your president too. Among the lamest things I hear today (fill in a name) is not my (fill in the blank).

Presidents come and go, our allies will be here after he leaves.  Where else are they gonna go ?  With the Russians ?  Chinese ?

International trade is counterintuitive to our human tribal instincts. It takes a lot of trust to make trade work. By burning our trade allies the U.S. has lost a lot of required trust with our trading partners. How are we supposed to get the necessary players to back our play when we have shown them that we see them as an enemy in trade? They don't have to join the Russians or Chinese. They can retain a western alliance without the U.S. being the leader.

Trump has weakened the western democratic alliance on the international stage.

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2 minutes ago, FondrenRoad said:

Europe is already going with each other, and understanding that we, like Russia, are a negative influence on their union. Japan is developing a much friendlier tone with China. They have places to go, old timer. 

You would think this, but then you're like 12 mentally.

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Yeah he's the 12 year old??!!

You've been suckling upon libtard internet tears for two years now. "OMG it's Saturday and Hellary will never be president and lol at crying female bitches!!! Bros b4 hos! Dudes rule! Bump. Bump.Trump!"

He's not my president. He's a traitor. So are you. You fucking scumbag Nazi idiot Benedict Arnold piece of shit thug redneck fuckboy.

You rapist murderer.

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How old is Trump mentally? How about his pipe bomber. Or the proud boys!

You fucking evil hypocritical shit clown.

The day will come when you will run and hide so as not to be tarred, feathered, stripped naked, scalped and shamed. You consorted with the enemy, you unamerican bitch.

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1 hour ago, Hugo Stiglitz said:

I fear we dropped the ball on China by Trump trying to take them on alone instead of building a global coalition with our allies, then leveraging that against Beijing. 

I agree that Trump has screwed up the opportunity to work with int'l allies to contain China, but he is the first President who rightly has taken an aggressive stance against Beijing. Trump has given the int'l community air cover to push back again China.

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  • 3 weeks later...

https://www.justice.gov/opa/pr/former-head-organization-backed-chinese-energy-conglomerate-convicted-international-bribery

Quote

Former Head of Organization Backed by Chinese Energy Conglomerate Convicted of International Bribery, Money Laundering Offenses

Schemed to Bribe the President of Chad, President and Foreign Minister of Uganda

 

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18 hours ago, Hugo Stiglitz said:

 

Hmm.  Apparently it is over Huawei violating sanctions on Iran.  Since Huawei was already restricted from doing business in the US, it would seem we are trying to apply US law globally to companies that don't even do business here.  Its pretty much an act of war on our part if Iran is really what this is about and not espionage or something actually actionable in this case.

Edited by FondrenRoad
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16 minutes ago, Hugo Stiglitz said:

Oh, there’s a chance.  

It might not be likely but I bet the Chinese would deal. 

We wouldn’t waste on something so small 

This is a huge deal 

https://www.reuters.com/article/us-usa-china-huawei-tech-exclusive/exclusive-u-s-probe-of-chinas-huawei-includes-bank-fraud-accusations-sources-idUSKBN1O528D

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No Chinese company even a quarter the size of Huawei is truly that private. Favors and bribes flow like cheap wine between executives and government officials. The odds are that upper management is rife with the close friends or relatives of politicians at the city or provincial, if not national, level.

A successful Chinese person is, with few exceptions, connected with power to a degree less commonly found in the US. When someone like this is arrested, it's personal to Beijing.

Edited by berlinerbaer
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8 hours ago, berlinerbaer said:

No Chinese company even a quarter the size of Huawei is truly that private. Favors and bribes flow like cheap wine between executives and government officials. The odds are that upper management is rife with the close friends or relatives of politicians at the city or provincial, if not national, level.

A successful Chinese person is, with few exceptions, connected with power to a degree less commonly found in the US. When someone like this is arrested, it's personal to Beijing.

Did I read once that they also have large holdings of these companies' stocks and/or bonds?  Goes back to your "not truly private."

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Did I read once that they also have large holdings of these companies' stocks and/or bonds?  Goes back to your "not truly private."

 

Not sure on this comment but most if not all these companies have financing from China banks which will inherently require some level of government approval. The nature of government involvement is so integral to the economy that any comparison to the west or allegation of government support is non-sensical.

 

You cannot exist without at some level of government approval. The larger that you become means that the higher level of consent / approval required. It does not mean necessarily that you are an appendage of the government. It is widely understood that going outside the unstated rules means you will punished, see tencent.

 

China is a state run economy so while companies can be private that does not mean they are independent in the Western sense. It also does not mean that they are appendages of the government in the Russian paradigm. It is more confusing which makes analogies like Hugo unhelpful if not down right detrimental.

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18 hours ago, happyfunball said:

Except one is the daughter of a president / political leader while the other is a private company.

 

Here, there is a difference. There, there is no difference. There aren't really "private" companies over there. I mean, there are, but you get big by effectively making yourself an arm of the government.

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5 hours ago, happyfunball said:

You cannot exist without at some level of government approval. The larger that you become means that the higher level of consent / approval required. It does not mean necessarily that you are an appendage of the government. It is widely understood that going outside the unstated rules means you will punished, see tencent.

i'd always heard that but it really struck home about a decade ago when i was part of a team trying to get something set up over there.  it's crazy how 1.)  it's an expectation you know the unwritten rules of greased palms and 2.)  the ability they have to shut down your operations and 3.)  the size of your concern is irrelevant-  a shop owned by a man and his wife are subject to the same unwritten rules as our medium sized firm or a large conglomerate. 

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