Jump to content

China and their ‘Jack Ma Problem’

Chet Steadman

By Chet Steadman
in Daily Texan

 Share

Recommended Posts

RPM

RPM 26322

Posted
Posted
17 minutes ago, BabaYaga said:

Active vs passive surveillance.  Especially for foreign business leaders 

You forgot commercial surveillance systems like Vigilant. Notice it's missing 1 letter from vigilante. It's a subscriber database that tracks your movement. Go to California, Colorado or make a cross country trip expect to get pulled over in a subscriber jurisdiction (like Wise County). I pass by 2 plate reader units on either end of the county 3 - 4 days a week. It's their bread and butter busting pot smugglers. Fortunately, I haven't been to Colorado lately.

Link to comment
Share on other sites
hayden_horn

hayden_horn 11362

Posted
Posted (edited)
15 hours ago, Horn of Gabriel said:

Once you're in China, you're under surveillance.  If you're a nobody, it's mostly passive and AI driven, with their Great Firewall and now "social credit scoring" system.  If you're someone like Jack Ma, and especially someone who has shown tendencies to speak out or becoming "bigger than the PRC," you better believe he's under 24 hour watch.  The PRC apparently told him "Yeah, you're not leaving China" a few months ago, and they can freeze his assets, his passport, detain his family, whatever they want to keep him in line.  His resources are an illusion and apparently the PRC has a whole division related to tracking the 1%ers in China, to make sure that they and their families are never out of the country at the same time (no leverage if they all defect simultaneously), that they aren't moving big liquid assets out of China and the reach of the PRC, etc.  I wonder if in the next decade we'll start seeing Chinese 1%ers walk away from their gilded cage in China to the West?

I remember when I was making trips to China 10 years ago our IT staff was paranoid about security and they issued special locked-down China-only laptops for us, you can't take your regular work laptop with you.  You were supposed to keep it in your possession always.  They would weigh the laptop before and after on a digital scale to see if anything had been added to it.

this is absolutely true. i have a weird thing where i will go on walkabout when in new places. just pick a direction, and basically circle the hotel, and familiarize myself with things around the place. once, in chengdu, i was just doing my thing, wandering around looking at things. no real direction, just walking about. i caught my tail two distinct times. same dude would stop for a smoke whenever i would look at this bridge or that shrine, etc. was funny, but also really fucking spooky. 

Edited by hayden_horn
Link to comment
Share on other sites
gsoda3

gsoda3 3262

Posted
Posted
8 minutes ago, hayden_horn said:

this is absolutely true. i have a weird thing where i will go on walkabout when in new places. just pick a direction, and basically circle the hotel, and familiarize myself with things around the place. once, in chengdu, i was just doing my thing, wandering around looking at things. no real direction, just walking about. i caught my tail two distinct times. same dude would stop for a smoke whenever i would look at this bridge or that shrine, etc. was funny, but also really fucking spooky. 

are you sure they didn't just all look the same?  

  • Hook 'Em 2
  • Haha 2
Link to comment
Share on other sites
atomheartbevo

atomheartbevo 89686

Posted
Posted

https://www.cnn.com/2021/01/06/business/china-huarong-lai-xiaomin-death-sentence-intl-hnk/index.html

Quote

A Chinese court has sentenced the former chairman of a huge state-owned financial company to death after finding him guilty of bribery. It's a rare use of the most severe punishment in a long-running crackdown by Beijing on corruption.

Lai Xiaomin — who used to chair China Huarong Asset Management — was guilty of taking or seeking bribes totaling nearly 1.8 billion yuan ($277 million), a court in the port city of Tianjin said on Tuesday. Chinese state media reported in August that he pleaded guilty at an earlier hearing in the case.

The court said the bribes happened over the 10 years leading up to 2018, when Lai was investigated as part of a broader clampdown on the financial sector. 

source.gif

Quote

China's court system has a conviction rate of around 99%, according to legal observers, and corruption charges are often used to go after Communist Party insiders who fall afoul of the leadership.

spacer.png

Link to comment
Share on other sites
52-80

52-80 19162

Posted
Posted

China imposes death penalty on man found charged of taking ~$300M in bribery

https://www.bloomberg.com/news/articles/2021-01-05/china-sentences-former-huarong-chairman-to-death-over-bribery

 

Capital punishment is bad and china is bad and yadda yadda yadda, but TBH if this happened a few times in America to set an example... i wouldnt be too opposed to it.

  • Hook 'Em 1
Link to comment
Share on other sites
52-80

52-80 19162

Posted
Posted

wiki
https://en.wikipedia.org/wiki/Lai_Xiaomin

 

Lai Xiaomin (Chinese: 赖小民; born July 1962) is a Chinese business executive and senior economist who served as party chief and chairman of the board of China Huarong Asset Management from September 2012 to April 2018.[2][3] He was sacked for graft on April 17, 2018.[4][5][6]

In January 5, 2021, Lai was sentenced to death without reprieve for bribery, embezzlement, and bigamy. His private assets were seized as well.[7]

He assumed various posts in the People's Bank of China, including Deputy Director and Director of the Central Funding Department of the Planning Capital Department of the People's Bank of China, Director of the Second Division of the Bank, Deputy Director of the Credit Management Department, and Deputy Director of the Bank Supervision Second Division.

He was a delegate to the 12th National People's Congress. His former positions include Deputy Director of the Banking Supervision Department of the China Banking Regulatory Commission, Head of the Preparatory Team of the Beijing Supervision Bureau, Secretary of the Beijing Banking Regulatory Bureau, Secretary of the Party Committee, Director of the General Office of the China Banking Regulatory Commission, and Director of the Party Committee Office and Chief Spokesperson.

Link to comment
Share on other sites
TwiceHorn

TwiceHorn 31489

Posted
Posted
2 hours ago, 52-80 said:

bribery, embezzlement, and bigamy.

 deserting his wife and children, inciting prostitution, kidnapping, extortion, receiving stolen goods, selling stolen goods, passing counterfeit money, and contrary to the laws of this State the condemned is guilty of using marked cards and loaded dice…

Link to comment
Share on other sites
52-80

52-80 19162

Posted
Posted
45 minutes ago, TwiceHorn said:

 deserting his wife and children, inciting prostitution, kidnapping, extortion, receiving stolen goods, selling stolen goods, passing counterfeit money, and contrary to the laws of this State the condemned is guilty of using marked cards and loaded dice…

probably shitposted on the internet, too

Link to comment
Share on other sites
jeevsie

jeevsie 3734

Posted
Posted
On 1/8/2021 at 12:33 PM, 52-80 said:

Lai Xiaomin (Chinese: 赖小民; born July 1962) is a Chinese business executive and senior economist who served as party chief and chairman of the board of China Huarong Asset Management from September 2012 to April 2018.[2][3] He was sacked for graft on April 17, 2018.[4][5][6]

An American did not write that entry.

Link to comment
Share on other sites
Armybrat

Armybrat 40850

Posted
Posted (edited)
5 hours ago, Lhorn said:

China is a problem.  They are ruthless and cunning.  We and especially our politicians (both sides, equally and for decades) have been naive suckers.    

I’ve been telling people that since Tricky Dick opened the gates for those asshole Chicoms while stabbing Taiwan in the back (with Jimmy “the Peanut” Carter twisting the knife a few years later). This is one of three big reasons manufacturers fled the USA.

Edited by Armybrat
Link to comment
Share on other sites
TexasGrunt

TexasGrunt 72

Posted
Posted

Don't fell like quoting, but the whole tracking thing in China.   When I was stationed in Germany my I was assigned to a LRSU unit, part of 7th corps MI battalion.  Some of us went Bled, Yugoslavia for Christmas in 1988 and everywhere we went there were soldiers following us.  I remember on Christmas Eve going to a bar living it up like a king, the dollar was loved.  I got really drunk and my friends were escorting me back to hotel.  I fell down fell down and rolled hill down to lake, luckily I didn't go in lake(it was cold) but the soldiers following us were laughing their ass off.  After that it was much easier for us, guess they realized that us LRSU soldiers really were there to party and not snoop.

  • Haha 1
Link to comment
Share on other sites
gsoda3

gsoda3 3262

Posted
Posted
19 minutes ago, TexasGrunt said:

Don't fell like quoting, but the whole tracking thing in China.   When I was stationed in Germany my I was assigned to a LRSU unit, part of 7th corps MI battalion.  Some of us went Bled, Yugoslavia for Christmas in 1988 and everywhere we went there were soldiers following us.  I remember on Christmas Eve going to a bar living it up like a king, the dollar was loved.  I got really drunk and my friends were escorting me back to hotel.  I fell down fell down and rolled hill down to lake, luckily I didn't go in lake(it was cold) but the soldiers following us were laughing their ass off.  After that it was much easier for us, guess they realized that us LRSU soldiers really were there to party and not snoop.

china was a dangerous place for americans at the end of the cold war.  we had a family friend disappeared for a month when she went back to visit.  being 8, i never heard the details of what happened and my parents still won't tell me but i know the family had to lean on contacts and cash to get her back.  

Link to comment
Share on other sites
  • 2 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing


Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... Advertise... COOKIE MONSTER!

×
×
  • Create New...