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Blistex
Oct 30, 2003

Macho Business
Donkey Wrestler

Darkest Auer posted:

This, and also the truck drivers are either sleeping at the wheel or haven't slept in 72 hours.

<Drinks TCM "stay awake" tea, plows into stopped cars while dreaming about post-90's beauties>

Boiled Water posted:

Having read this I still don't fully understand why unless it's penny wise pound foolish extrapolated towards everything.

That, face, and the belief that all non-Han people are subhuman retards who will never catch on to their inscrutable ways.

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raton
Jul 28, 2003

by FactsAreUseless

Baronjutter posted:

Here's another thing I don't get about China, or more about the rest of the world. How come everyone keeps conducting diplomacy and business deals with the chinese government and firms as if they were western institutions and getting shocked every time they're totally hosed over or china does the most petty short sighted poo poo? "Oh they'd never screw us over on this on this minor thing, we both want a long term relationship and it's in both our interests..." NOPE. They will happily gently caress them selves out of millions of dollars in long term business if they can gently caress you over for a few thousand today. And it's not just about the short term gain, it's like in the business world you lose face for not loving someone over the moment you see the smallest opening.

"Well this western company says they want a 10 year metal fabrication contract, that would keep my company in business and growing for a decade and make me rich, BUT they didn't send an engineer over the watch the work this month so I'd lose massive face if I didn't replace the structural steel they ordered with this scap iron we found out back, thus saving us a few thousand dollars. Surely they won't ever do business with us again, but I'd look weak and lose face for not jumping at this chance to screw over a valued client, oh well I have no choice..."

Multinational profit only loosely correlates to the profit people running multinationals make. If you're a CEO you go for the deal that doesn't hurt your bonus and won't void your parachute -- everything else being equal you then go for maximum free girlflesh and minimum work. Nobody who made money on the deal is surprised it amounted to the actual company getting raped, they paid someone to be culpable somewhere along the line (and based his promotions and pay on being complaint to the wishes of the company operator rather than being true to the mathematics involved in a sound deal), they don't care.

Smaller companies that make deals like this with China and get surprised over it are actually just stupid or reckless. They're driven to it by trying to match a price point from the multinationals, but the price point isn't set for multinational profitability, it's set so extraction from value built up in the business can be maximized into personal accounts.

At a certain level it comes down to legal/moral opacity and large scale theft as a formalized system. If the animal has put on meat the way you get fat is to butcher it and move on to the next animal. It doesn't make sense to farm or ranch when there are desperate people will do so for you out of a lack of options and where you've engineered a legal system where you can't be held personally liable for the butchery of someone else's animals. The only catch is that you can't let too many people into the club or else you might actually have to fight eachother over who gets to gently caress over the farmers.

raton fucked around with this message at 22:15 on Dec 5, 2016

Jose
Jul 24, 2007

Adrian Chiles is a broadcaster and writer

Blistex posted:

<Drinks TCM "stay awake" tea, plows into stopped cars while dreaming about post-90's beauties>


That, face, and the belief that all non-Han people are subhuman retards who will never catch on to their inscrutable ways.

does your wife ever see posts from you itt?

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
uhh is this a glitch

Punk da Bundo
Dec 29, 2006

by FactsAreUseless
is anything in china constructed correctly and to code and not half assed? presidential palace? Dear Leaders suits? ANYTHING

Baronjutter
Dec 31, 2007

"Tiny Trains"


Holy moly what

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
lots of other sources seem to be corroborating it but it still seems too huge to be true

Jose
Jul 24, 2007

Adrian Chiles is a broadcaster and writer
that looks economy exploding to my uneducated self

Xelkelvos
Dec 19, 2012
Clearly Uncle Xi feels that there needs to be more buying of Chinese goods by the foreign devils and has adjusted the currency to help that along.

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
but if you search google news for renminbi nothing about this comes up even though if it's true it's uhhhhhh a literal economic collapse

Darkest Auer
Dec 30, 2006

They're silly

Ramrod XTreme

Pon de Bundy posted:

is anything in china not half assed?

lol

Captain Postal
Sep 16, 2007

Baronjutter posted:

Here's another thing I don't get about China, or more about the rest of the world. How come everyone keeps conducting diplomacy and business deals with the chinese government and firms as if they were western institutions and getting shocked every time they're totally hosed over or china does the most petty short sighted poo poo? "Oh they'd never screw us over on this on this minor thing, we both want a long term relationship and it's in both our interests..." NOPE. They will happily gently caress them selves out of millions of dollars in long term business if they can gently caress you over for a few thousand today. And it's not just about the short term gain, it's like in the business world you lose face for not loving someone over the moment you see the smallest opening.

"Well this western company says they want a 10 year metal fabrication contract, that would keep my company in business and growing for a decade and make me rich, BUT they didn't send an engineer over the watch the work this month so I'd lose massive face if I didn't replace the structural steel they ordered with this scap iron we found out back, thus saving us a few thousand dollars. Surely they won't ever do business with us again, but I'd look weak and lose face for not jumping at this chance to screw over a valued client, oh well I have no choice..."

Poorly Made In China makes a pretty good argument: Western companies are going to china to find manufacturers that penny pinch and guess what? They penny pinch. Shock!

The people running the Chinese companies that screw over western customers know full-well that if the customer was motivated by quality, they would pay for it. And the instant that another supplier comes along that is a fraction of a $ cheaper, they lose their client because thats all the client cares about. And the client is left scratching their head wondering why they get poo poo after paying for poo poo.

There are (small) suppliers in China that will produce goods of a quality to match the west, treat their staff as well as the west - and they cost as much as the west as a result. But those suppliers know that their customers want quality and will pay for it and they can deliver repeatedly.

Xelkelvos
Dec 19, 2012
The graph shows a huge spike, but in real percentage terms, it's about an 8% change. Idk much about finance or international exchange, so I dunnno if that's a significant percent change.

C-SPAN Caller
Apr 21, 2010



Captain Postal posted:

Poorly Made In China makes a pretty good argument: Western companies are going to china to find manufacturers that penny pinch and guess what? They penny pinch. Shock!

The people running the Chinese companies that screw over western customers know full-well that if the customer was motivated by quality, they would pay for it. And the instant that another supplier comes along that is a fraction of a $ cheaper, they lose their client because thats all the client cares about. And the client is left scratching their head wondering why they get poo poo after paying for poo poo.

There are (small) suppliers in China that will produce goods of a quality to match the west, treat their staff as well as the west - and they cost as much as the west as a result. But those suppliers know that their customers want quality and will pay for it and they can deliver repeatedly.

Happy worker, which makes statues and plush for companies like Blizzard and Fangamer out of Chinese factories, have very expensive products but once again their statues are the same prices as ones made in Japanese factories.

Jose
Jul 24, 2007

Adrian Chiles is a broadcaster and writer
i know people in this thread discourage it but i assume learning mandarin to talk to your husbands grandparents/parents who have lived outside of china for a couple of decades like my sister is doing isn't a total waste

ass cobra
May 28, 2004

by Azathoth

Xelkelvos posted:

The graph shows a huge spike, but in real percentage terms, it's about an 8% change. Idk much about finance or international exchange, so I dunnno if that's a significant percent change.

In one day that's pretty crazy.

ded
Oct 27, 2005

Kooler than Jesus

Xelkelvos posted:

The graph shows a huge spike, but in real percentage terms, it's about an 8% change. Idk much about finance or international exchange, so I dunnno if that's a significant percent change.

It's a huge instant jump. That is SKY IS FALLING kind of huge.

raton
Jul 28, 2003

by FactsAreUseless

Jose posted:

i know people in this thread discourage it but i assume learning mandarin to talk to your husbands grandparents/parents who have lived outside of china for a couple of decades like my sister is doing isn't a total waste

If you're learning a language other than English it should be for cultural reasons (you want to read Goethe in the original or whatever), issues of convenience (you live there and want to be able to talk to people), or as a hobby. So yeah that's fine. Probably not much reward for the effort but if it's worth the work to her then fine.

Also just spoken conversational Mandarin really isn't a terrible about of work to put in.

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
There still a lot of media silence on this so I'm unfortunately going to lean towards "glitch" for now which is too bad because the Economy of China would be a great cap on 2016's amazing kill count

P-Mack
Nov 10, 2007

ded posted:

It's a huge instant jump. That is SKY IS FALLING kind of huge.

Yeah, if true I hope it's like some weird auto-trading flash crash and not a signal that some serious poo poo regarding the real economy is about to drop.

ocrumsprug
Sep 23, 2010

by LITERALLY AN ADMIN

ded posted:

It's a huge instant jump. That is SKY IS FALLING kind of huge.

8-9% swing in a day maybe fine for Venezuela. "2nd largest" "economy" in the world? Holy poo poo!

C-SPAN Caller
Apr 21, 2010



All I know is this just further proves that Taiwan #1

Captain Postal
Sep 16, 2007

Xelkelvos posted:

The graph shows a huge spike, but in real percentage terms, it's about an 8% change. Idk much about finance or international exchange, so I dunnno if that's a significant percent change.

In forex 8% is the end of the world. People often leverage 100x or more on forex trading, meaning that they made a 800% loss. More importantly, its a disaster for markets that aren't crocked as gently caress as the contagion will spread

Jose
Jul 24, 2007

Adrian Chiles is a broadcaster and writer

Sheep-Goats posted:

If you're learning a language other than English it should be for cultural reasons (you want to read Goethe in the original or whatever), issues of convenience (you live there and want to be able to talk to people), or as a hobby. So yeah that's fine. Probably not much reward for the effort but if it's worth the work to her then fine.

Also just spoken conversational Mandarin really isn't a terrible about of work to put in.

i don't know why shes bothering anyway since his parents speak reasonable english and his grandparents know enough to drink with her which is all they care about

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
https://twitter.com/KaiserKuo/status/805893469587771392

ded
Oct 27, 2005

Kooler than Jesus
Either they are very very mad about Trump or they are trying to fix the monumental fuckup of their stock market via huge inflation.

ass cobra
May 28, 2004

by Azathoth

Lol looks like this China Defense Force guy is wrong

https://twitter.com/gaolangfr/status/805890991777583104

P-Mack
Nov 10, 2007

Jose posted:

i don't know why shes bothering anyway since his parents speak reasonable english and his grandparents know enough to drink with her which is all they care about

Yeah, the big flaw with learning Mandarin is that it's very rare for your lovely Mandarin to be better than your counterpart's lovely English, especially if you're not actually in China.

Not going to do any harm though, so whatever. She can drop a "乾杯!" next time they drink and everyone will act impressed.

Agean90
Jun 28, 2008


yes trying to actually talk with your grand parents and learn a marketable skill in the process, clearly a waste of effort


you loving goons

The Great Autismo!
Mar 3, 2007

by Fluffdaddy

gently caress if this is real we may as well not just go back

The Great Autismo!
Mar 3, 2007

by Fluffdaddy

Agean90 posted:

yes trying to actually talk with your grand parents and learn a marketable skill in the process, clearly a waste of effort


you loving goons

Mandarin is not a marketable skill lol, and if it is it means you'll be going to the mainland, which is a hilariously undesirable place to be going for work or business

Do not learn mandarin, do not do it

The Great Autismo! fucked around with this message at 23:15 on Dec 5, 2016

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->

Agean90 posted:

yes trying to actually talk with your grand parents and learn a marketable skill in the process, clearly a waste of effort


you loving goons

Might not be marketable anymore after a couple hours lol

Koramei
Nov 11, 2011

I have three regrets
The first is to be born in Joseon.
Learn the language you're interested in learning. Don't learn Mandarin with the expectation that this will translate into you suddenly being a valuable commodity.

Accretionist
Nov 7, 2012
I BELIEVE IN STUPID CONSPIRACY THEORIES
No War but Trade War?

Meme Poker Party
Sep 1, 2006

by Azathoth

Fojar38 posted:

Might not be marketable anymore after a couple hours lol

lmao

fits my needs
Jan 1, 2011

Grimey Drawer
Will Haier finally have to flee to the Unnamed Country to plunge another day?

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
https://twitter.com/casualsophist/status/805904230796103681

Might just be ICAP

Accretionist
Nov 7, 2012
I BELIEVE IN STUPID CONSPIRACY THEORIES
Those look like the latest figures. Is that potentially important? I'm not really sure what I'm looking at.

peanut
Sep 9, 2007


My aunt took Mandarin lessons to talk with her in-laws.
Grandma only speaks Hakka and is barely literate in any language despite living in Chicago for thirty years, oof!

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Blistex
Oct 30, 2003

Macho Business
Donkey Wrestler

Jose posted:

does your wife ever see posts from you itt?

I'll get her to read something to confirm/deny, but for the most part she's pretty uninterested in the kind of stuff that goes on in here.

Speaking of, I had her scour some different Chinese news sites and she said that it's pretty divided right now. Economists are saying the following...

- Google is wrong, the rates have not changed that much (at all)
- It's intentional, and the government has total control over everything, it's a good thing
- 8% change is normal
- <post deleted>

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