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oohhboy posted:The one good thing you can take away from this is that they have been caught and action is being taken against this sort of behaviour. Something in the system is still working properly compared to say the US where things are openly and legally corrupt. Or they are really bad at it. It's absurd such an explanation would be enough to pacify the questions raised. oohhboy posted:I almost never watch the TVB while I am in HK except maybe some news since it really is terrible. And in case some of you are doubting the significance of little bitty Hong Kong's TV situation, Hong Kong remains a cultural juggernaut in the Chinese world. TVB shows get broadcast throughout south China, Taiwan, and the massive overseas Chinese community. That's another one of the many reasons why that Chua guy's editorial is super bullshit. Even if Hong Kong's advertising revenue is limited, revenues from the wider Hong Kong TV-consuming audience is not. TVB is an epic money-sucking vacuum that has enabled arch-lich Run Run Shaw to prolong his life well beyond normal human limits by distilling cash into the Water of Life. I always insist on reminding people, the man lived through the reigns of two Chinese emperors. oohhboy posted:It as 27 Views now, yep, that is a video of someone making GBS threads their pants. Not all bad. I'll never get tired of CY's smile right there. That's his "god I hate being the Chief Executive right now" smile. We've been seeing it a lot lately.
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Nov 5, 2013 17:50
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Let's have some late night pictures of Sir Run Run Shaw    
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Nov 5, 2013 18:14
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Holy balls that IS Lo Pan. Does the girl on the left have green eyes? (I am amused, not because he fits a stereotype from a (westernized) martial arts movie, but that a Shaw of Shaw Brothers does so. Fitting somehow.) He does appear to be having fun with his life.
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Nov 5, 2013 18:52
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I love how his date of birth is an approximation. Yeah, I guess I am optimistic about HK at least on the surface of things with the regular protests and marches especially when the mainland makes an open run at the government/people. It also helps none of the Chief Executives so far have been liked as far as I know. As long as they keep pushing back, I remain optimistic. That said, I don't go back or know enough to consider myself informed on local matters to any real degree. I did manage piss off the relatives I was staying with last time I was there because of cultural misunderstandings. So I appreciate any corrections you or others might make.
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Nov 5, 2013 19:40
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"Five operating stations will lead to vicious competition" is what I heard the government say. No poo poo assholes. I wonder if they even bother to proof read or if they just assume everybody is dumb as a pile of rocks.
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Nov 6, 2013 02:33
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V for Vegas posted:Had to lol at the line that HKTV will run out of television to broadcast in two months! OK I've been given context for this. HKTV as part of its bid had to produce x hours of local HK television as part of the licence conditions and that is what it had done. But it had also green-lit a lot of pilots that were ready to start production once the licence was granted. A lot of people were brought on by the station who have now been let go because the expected work is in limbo. Pretty lovely to shut them down after they did so much to meet the requirements.
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Nov 6, 2013 03:21
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Wow, another bombing? This time in Shanxi at CCP HQ if Boxun/Twitter are to be believed: http://www.boxun.com/news/gb/china/2013/11/201311060916.shtml#.UnmnGeWj_uY
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Nov 6, 2013 03:24
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V for Vegas posted:OK I've been given context for this. HKTV as part of its bid had to produce x hours of local HK television as part of the licence conditions and that is what it had done. But it had also green-lit a lot of pilots that were ready to start production once the licence was granted. A lot of people were brought on by the station who have now been let go because the expected work is in limbo. For double hilarity, the other two stations, the ones that did get licenses, have produced gently caress all.
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Nov 6, 2013 04:36
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Electro-Boogie Jack posted:Wow, another bombing? This time in Shanxi at CCP HQ if Boxun/Twitter are to be believed: http://www.boxun.com/news/gb/china/2013/11/201311060916.shtml#.UnmnGeWj_uY I can imagine that there's poo poo all news exported about these attacks, but how many attacks have occurred this year? How are they increasing over the past decade?
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Nov 6, 2013 04:55
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How shady exactly is the apartment flipping, and how common is it in China among westerners? My friend's dad (my friend is adopted-Chinese with white parents) paid for a semester of her tuition ...in cash... from a Chinese apartment he sold. We're a bit confused, is this like, the way it's done, or is he just being extremely weird/ illegal.
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Nov 6, 2013 19:21
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Koramei posted:How shady exactly is the apartment flipping, and how common is it in China among westerners? My friend's dad (my friend is adopted-Chinese with white parents) paid for a semester of her tuition ...in cash... from a Chinese apartment he sold. We're a bit confused, is this like, the way it's done, or is he just being extremely weird/ illegal. What's weird about that?
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Nov 7, 2013 02:14
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Koramei posted:How shady exactly is the apartment flipping, and how common is it in China among westerners? My friend's dad (my friend is adopted-Chinese with white parents) paid for a semester of her tuition ...in cash... from a Chinese apartment he sold. We're a bit confused, is this like, the way it's done, or is he just being extremely weird/ illegal. Why do you assume it's illegal to sell an apartment? I don't understand what you're thinking.
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Nov 7, 2013 02:43
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Paying tuition with a pile of cash is pretty weird from an American perspective, but remember this is East Asia and paying for things with enormous wads of cash is normal here. It's not drug money, it's just Chinese.
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Nov 7, 2013 02:46
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Yea how are you going to avoid income taxes if you don't use cash man?
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Nov 7, 2013 03:01
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I once saw a Chinese-American friend of mine have his parents roll up to a car dealership and pay for a new car in cash. The salesman basically lost it. It was hilarious.
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Nov 7, 2013 04:53
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It's just sooo much better in China where the largest denomination is worth like $16. Need to buy something worth 60 grand? Enjoy that heap of nearly 4000 bills.
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Nov 7, 2013 05:48
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That sort of thing is probably more dangerous in the US though. Remember that story about the guy who was going to buy a truck in cash and had tens of thousands of dollars confiscated by the police with no recourse because they assumed it was drug money?
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Nov 7, 2013 05:48
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No I do not. I assume he got his money back eventually?
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Nov 7, 2013 05:54
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Bloodnose posted:It's just sooo much better in China where the largest denomination is worth like $16. Need to buy something worth 60 grand? Enjoy that heap of nearly 4000 bills. Or getting change of 1 fen coin. What the hell do you do with those?
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Nov 7, 2013 06:00
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Swallow them as a TCM remedy.
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Nov 7, 2013 06:05
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Bloodnose posted:No I do not. I assume he got his money back eventually? Nope. They're using ex parte lawsuits in a... "novel" way where the government sues the property in lieu of a person (U.S. v $10,000 in currency). In common law historically, this was only used when the owner of the property could not be determined and notice of the suit would be posted to attempt to notify the property owner; in modern times they'd sue John Doe #1. You present positive proof the property is yours and you get it back. The key is that the burden of proof is on you, not the state and it uses the lower "preponderance of the evidence" standard, allowing them to take property without actually proving you're guilty of a crime. Its all a very gray area and to my knowledge US law and SCOTUS are silent on the topic since anytime someone gets a good lawyer they cave and return the property to avoid scrutiny. As with much of the hosed up bullshit in the US justice system, it comes down to the war on drugs.
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Nov 7, 2013 06:06
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Yeah that's civil forfeiture, which I'm familiar with. But why wouldn't someone with so much money sue to get it back? The point of civil forfeiture is that it's usually used against the proceeds of criminal activity, in which case of course you don't want that stuff scrutinized, or it's used against people who can't afford to sue to get it back, in more despicable cases. edit: We also don't have civil forfeiture in Hong Kong.  Although Chief Prosecutor Kevin Zervos is always pushing for it. I WONDER WHY.
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Nov 7, 2013 06:16
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I can't find any news articles about it anymore, but I vaguely remember there was some bullshit preventing him from suing to get it back. This sounds wrong but for some reason I'm remembering that the way it was set up, the money would have had to sue and the guy couldn't?
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Nov 7, 2013 06:23
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Ender.uNF posted:Its all a very gray area and to my knowledge US law and SCOTUS are silent on the topic since anytime someone gets a good lawyer they cave and return the property to avoid scrutiny. Can you provide a reference to any cases where someone gets a good lawyer and has their property returned promptly? Because this hasn't been my experience with civil forfeiture. If you had under $100k worth of property seized, your legal fees will probably end up costing more than the property seized is worth. iceaim fucked around with this message at 06:44 on Nov 7, 2013 |
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Nov 7, 2013 06:32
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iceaim posted:Can you provide a reference to any cases where someone gets a good lawyer and has their property returned promptly? Because this hasn't been my experience with civil forfeiture. Not to derail, but I worded that poorly… for anyone well-connected or in a case that risks too much negative publicity for local prosecutors is dropped. The feds don't give a poo poo so the only way out in that case is to be well-connected. I believe there have been one or two cases (sorry don't have the citations handy) where an outside party funded the case and it was quickly dropped because they really, really don't want anyone shedding any light on this issue, or God-forbid an actual SCOTUS ruling upholding the constitution and shutting down the money machine. To be on-topic, I assume the Chinese property market is still overheating like crazy. Has there been any talk of allowing foreign investments or giving people other ways to save?
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Nov 7, 2013 08:55
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SCMP posted a cool interactive timeline showing major events in their 110-year history. Scroll through it and get Babby's First History of 20th-21st century Hong Kong.
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Nov 7, 2013 09:00
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Bloodnose posted:SCMP posted a cool interactive timeline showing major events in their 110-year history. Scroll through it and get Babby's First History of 20th-21st century Hong Kong. 2010: The SCMP launches its iPad app
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Nov 7, 2013 09:03
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The earth quaked and Typhoon Megi trembled before the mighty significance of said app.
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Nov 7, 2013 09:11
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 oops
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Nov 7, 2013 14:23
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Bloodnose posted:
That guy in front of the screen in the back appears to be emanating paper.
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Nov 7, 2013 16:19
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Love this quoteNYT posted:“Nothing in China happens overnight,” Stephanie Kleine-Ahlbrandt, the director of Asia-Pacific programs at the United States Institute of Peace, said. “Any move you see was planned and prepared for years, if not more. since China's South China Sea policy has been such a clusterfuck with competing interests within the Chinese government. And since you know most Chinese agencies couldn't plan their way out of a 2-star hotel.
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Nov 10, 2013 10:41
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I can sorta believe that. If it's been planned for years, so have the other 200 or so plans by competing internal agencies.
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Nov 10, 2013 11:17
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No, it was SCHEDULED months or years in advance. That doesn't mean any actual planning was done. edit: Gah, whenever I live outside the US for a while, I start wondering if I'm just making typos, or if my English is really slipping. VideoTapir fucked around with this message at 02:38 on Nov 11, 2013 |
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Nov 10, 2013 12:06
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VideoTapir posted:No, it was SCHEDULED months or years in advanced. That doesn't mean any actual planning was done. It may have been scheduled years in advance, but nobody was told until the day before.
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Nov 10, 2013 17:47
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WarpedNaba posted:I can sorta believe that. If it's been planned for years, so have the other 200 or so plans by competing internal agencies. Judging by South Seas I think one plan is just a guy in the back saying "Okay, what if this is all a dream?".
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Nov 10, 2013 20:32
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CIGNX posted:You're mistaking dollars for dollar-denominated assets. When China intervenes in the RMB exchange rate or gets a trade surplus with the US, it certainly gets a lot of US dollars "in cash." But nothing mandates them to use those US dollars to only buy USD-denominated assets, let alone US Treasuries. They can easily swap those USDs for other currencies if they wished to in the open market. To put this in another way, the trade surplus and RMB interventions explain why China's foreign reserves in general are large. However, trade surpluses with the US or semi-pegging the RMB to the USD don't explain why the reserves are primarily US assets, specifically US Treasuries. China can just swap the currencies before buying the assets. Instead, the reason China has so many US Treasuries is the coincidental combination of three characteristics unique to US Treasuries; 1) they are perceived to be extraordinarily safe, 2) they are one of the most abundant financial assets in the world, and 3) they are widely accepted and used, thus very liquid (to a point). I just wanted to call this out as a beautiful description of the yield curve. This was a really good post.
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Nov 11, 2013 15:36
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http://www.reuters.com/article/2013/11/12/us-china-reform-idUSBRE9AA0YB20131112 Well, this _looks_ important, but what does it mean? quote:China's ruling party pledged to let markets play a "decisive" role in allocating resources as it unveiled a reform agenda for the next decade on Tuesday, looking to overhaul the world's second-largest economy to drive future growth.
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Nov 12, 2013 13:24
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Warcabbit posted:http://www.reuters.com/article/2013/11/12/us-china-reform-idUSBRE9AA0YB20131112 There are a lot of words about promising changes to be taken in the future and new policies but is it really something they plan to do or just empty words to boost economic confidence?
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Nov 12, 2013 13:32
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http://news.yahoo.com/volcano-raises-island-far-south-japan-054228644.htmlquote:Volcano raises new island far south of Japan China, get on this.
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Nov 21, 2013 07:28
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If anyone is interested in the intersection of chinese and english, you really should be reading Language Log Cute example today - Bātèfúlái cāntīng 芭特芙萊餐廳 The first word butterfly has been phonetically translated, but the second word 餐廳 (or 餐厅) – hasn't. But happily "cāntīng" means the same as the English word ‘canteen’! 
V for Vegas fucked around with this message at 07:50 on Nov 21, 2013 |
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Nov 21, 2013 07:36
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