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Poil
Mar 17, 2007

Doesn't buying and playing games lower social score anyway?

It's like someone read a dystopian novel and thought it was a swell idea. :gonk:

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Kassad
Nov 12, 2005

It's about time.
https://twitter.com/9NewsAUS/status/1043270877444550661?s=19

Is it whataboutery when the same government that made a big deal about Chinese influence copies the social credit system's travel bans

Grapplejack
Nov 27, 2007

Both things can be bad, turns out.

CAPS LOCK BROKEN
Feb 1, 2006

by Fluffdaddy

Kassad posted:

https://twitter.com/9NewsAUS/status/1043270877444550661?s=19

Is it whataboutery when the same government that made a big deal about Chinese influence copies the social credit system's travel bans

Western countries have always had some pretty insanely bad social policies, playing the "china made them do it" card is pretty rich in that regard

Kassad
Nov 12, 2005

It's about time.

CAPS LOCK BROKEN posted:

Western countries have always had some pretty insanely bad social policies, playing the "china made them do it" card is pretty rich in that regard


I meant it more as a "these guys are freaking out about China while fundamentally doing the same poo poo" card.

sincx
Jul 13, 2012

furiously masturbating to anime titties
.

sincx fucked around with this message at 05:44 on Mar 23, 2021

Rent-A-Cop
Oct 15, 2004

I posted my food for USPOL Thanksgiving!

Kassad posted:

https://twitter.com/9NewsAUS/status/1043270877444550661?s=19

Is it whataboutery when the same government that made a big deal about Chinese influence copies the social credit system's travel bans
Preventing someone from leaving Australia is a crime against humanity.

fishmech
Jul 16, 2006

by VideoGames
Salad Prong

Rent-A-Cop posted:

Preventing someone from leaving Australia is a crime against humanity.

Prisoners usually aren't allowed out of jail at will.

Horseshoe theory
Mar 7, 2005


China does those ad buys in the WSJ all the time, from what I recall.

McGavin
Sep 18, 2012

Rent-A-Cop posted:

Preventing someone from leaving Australia is a crime against humanity.

Only if the person trying to leave is not Australian.

Grapplejack
Nov 27, 2007

Crossposting from CSPAM


quote:

But they have. On the morning of Aug. 24, police officers wearing riot gear raided the four-bedroom apartment the activists were renting in Huizhou and detained about 50 people. As the police burst through the door, the activists held hands and sang “L’Internationale.”

Though some have been released, 14 activists and workers remain in custody or under house arrest, according to labor rights advocates. The local police accused the workers of acting on behalf of foreign nongovernmental organizations.

Since President Xi took power in 2012, the party has sought to restrict the use of Western textbooks and stop the spread of “Western values” on campus, referring to ideas about rule of law and democracy that could undermine its hold on power.

At the same time, Mr. Xi has demanded that universities expand their teachings on Mao and Marx. In May, he visited Peking University and encouraged students to promote Marxism, saying it was important for the university to “take Marxism as its surname.”

But some in the party seem uneasy about the proliferation of student groups devoted to Marxism and Maoism, apparently worried that their calls for greater economic equality and worker rights could undermine China’s modern-day embrace of capitalist markets.

While only a small minority of students are involved, they represent a leftist critique of Chinese society that seems to be gaining traction on college campuses, partly because the authorities have been more hesitant to suppress it than other political discussion.

quote:

In Huizhou, the young activists called each other “comrade” and wore T-shirts with images of clenched fists and the slogan, “Unity is strength.” They marched alongside workers, holding banners that declared, “Forming unions is not a crime.” They staged re-enactments of the abuse the workers said they endured at the factory.

Though they identify as Maoists, the activists are decidedly nonviolent, unlike Maoist rebels in countries like Nepal and India who embrace violent revolution. Their philosophy also differs from China’s older Maoists, who largely focus on rooting out Western influences in Chinese society and are less confrontational toward the party.

The young protesters insist that they are good communists who support President Xi.

Before she was detained, Ms. Yue wrote an open letter to Mr. Xi saying that she had been inspired by his fight against corruption and his time working in an impoverished village in the countryside as a young man.

She added that the campaign in Huizhou had its roots not in foreign ideas, but in the May Fourth Movement of 1919, a student-led uprising in China that the party considers a precursor to the Communist Revolution.

Ms. Yue, also a leader of China’s #MeToo movement who spoke out against sexual harassment and assault on campus, has not been heard from since the police detained her during the Aug. 24 raid.

Friends are also worried about Shen Mengyu, one of the first students to call attention to the workers’ campaign. She was held by security officials at a hotel and is now under surveillance at her parents’ home, activists said.
The whole article is a good read.

Tei
Feb 19, 2011

I hope these students realized that communism has a idea, failed. Communism can't really return, without a upgrade, a patch, a fix, ... something.

China probably have the right idea to sway somewhat to capitalism and not stay in pure communism land.

But I am european, so I believe a mix of socialist and capitalist ideas are better, so I am very biased to think this way.

Snipee
Mar 27, 2010

Grapplejack posted:

Crossposting from CSPAM



The whole article is a good read.

This is like the least surprising thing in the world for anyone who pays attention to the CCP. The only news is that there are quite a few idealistic students that didn’t realize that the Marxism classes were only there to prove loyalty to the party, not to actually teach or promote communism.

uncop
Oct 23, 2010
I like how it seems ridiculous, like an unintended byproduct of government brainwashing, to the writer that youth opposition to the Chinese government would be communist rather than liberal in nature. I don't think it's such rocket science: Eastern Europe was surrounded by shining beacons of capitalist success and had policy independence struggles against the USSR in their hands. China is independent, communists are considered to have liberated it from semi-colonial status. There are only a couple of successful liberal-capitalist countries around China if microstates are discounted, and the lesson from Russia has been that a sudden shift to liberal capitalism has almost apocalyptic consequences in the short term and governments may become even less responsible to the people.

If something is propaganda-inspired wishful thinking, it's that Xi represents some kind of policy reversal, a potential return to the idealized version of Mao, one who could prefer alliance with mass movements to reform the party into one that has a culture of accountability to the masses.

Pirate Radar
Apr 18, 2008

You're not my Ruthie!
You're not my Debbie!
You're not my Sherry!

Tei posted:

I hope these students realized that communism has a idea, failed. Communism can't really return, without a upgrade, a patch, a fix, ... something.

China probably have the right idea to sway somewhat to capitalism and not stay in pure communism land.

But I am european, so I believe a mix of socialist and capitalist ideas are better, so I am very biased to think this way.

I think these students have every reason to believe that communism offers answers to the problems the Chinese working class faces today.

caberham
Mar 18, 2009

by Smythe
Grimey Drawer

Tei posted:

I hope these students realized that communism has a idea, failed. Communism can't really return, without a upgrade, a patch, a fix, ... something.

China probably have the right idea to sway somewhat to capitalism and not stay in pure communism land.

But I am european, so I believe a mix of socialist and capitalist ideas are better, so I am very biased to think this way.

Not European but agreed

tino
Jun 4, 2018

by Smythe
I am on the side that Karl Marx's ideas are still very valid and Marxism could still work in the future. You got to let Capitalism develop to advanced stage before Communism can happen. My argument about using Marxism to predict the future is that it is like the uncertainty principle. Even if an idea can predict the future accurately, as soon as the idea become widely known, the trajectory of history will alter in respond to the prediction.

Now about Communism in China, The CCP had actually never fully embraced the communist ideal in any period of CCP history. Not now nor perviously nor any time in Mao era. The ruling principle had always had various blend of Confucianism. These kids should have figured that out when they went thru their high school political class.

What's no discussed in the class but only learn from the grapevine of internet is, the state monopoly of organized group. As soon as you have a name for your group, you have a common place to gather and so on and so fore, the show is over. That triggers all kind of scary people and they are come knocking on your door ("come check your water meter" is the internet euphemism for getting in trouble.)

tino fucked around with this message at 13:19 on Sep 30, 2018

Spacewolf
May 19, 2014
Durr, someone already posted what I posted. Teach me to pay attention.

Nucken Futz
Oct 30, 2010

by Reene
Hey, what about the Prez of the Interpol?

Pretty Crazy, right??

sincx
Jul 13, 2012

furiously masturbating to anime titties
.

sincx fucked around with this message at 05:44 on Mar 23, 2021

Luckyellow
Sep 25, 2007

Pillbug

Nucken Futz posted:

Hey, what about the Prez of the Interpol?

Pretty Crazy, right??

I'll give it a few days before it's announced that he committed suicide out of shame for breaking the law.

Nucken Futz
Oct 30, 2010

by Reene

sincx posted:

I hope his wife and kids get asylum in France.

I'm thinking the Celestials will sub-contract that gig to the Russians.
Those guys - the Poison Brigade - seem to have the run of Europe lately.
Han hitmen would kinda standout from the crowd. And they wouldn't be able to see above the crowd either.

(USER WAS PUT ON PROBATION FOR THIS POST)

Nucken Futz
Oct 30, 2010

by Reene
I'm also surprised by the lack of insight on this abduction from the usual PRC bootlickers that SJW this thread.
Maybe they all have the sniffles right now.

Or maybe their shining beacon of the future has really hosed it up this time.
And they know it.
Could that be it???????




Honestly,
That'd be such a shame, 2020 is right around the corner, their time is nearly here.

(USER WAS PUT ON PROBATION FOR THIS POST)

Edgar Quintero
Oct 5, 2004

POTENTIALLY DANGEROUS
DO NOT GIVE HEROIN
I think this is the best thread for this question. I maybe know someone who apparently will get to ask the Vietnamese PM a question on TV at some point in the future.
I like to think I am at least less ignorant than most westerners on the history of Vietnam/China/Southeast Asia but in modern times I can't say I know much in detail at least not about their politics. So when I was asked for suggestions I didn't have much. So... (And yes, I'm aware that Vietnam is not China but there's no Vietnam politics thread) What question would you ask the Prime Minister of Vietnam on TV?

Pirate Radar
Apr 18, 2008

You're not my Ruthie!
You're not my Debbie!
You're not my Sherry!
There’s a SEA politics thread but it’s not very busy.

Or “SEA politics are an inalienable part of the China thread” if you prefer

Darkest Auer
Dec 30, 2006

They're silly

Ramrod XTreme

Edgar Quintero posted:

What question would you ask the Prime Minister of Vietnam on TV?

Do you like rice?

vanity slug
Jul 20, 2010

do you know dokdo

tino
Jun 4, 2018

by Smythe
"Has the trade war affect Vietnam?"

Tei
Feb 19, 2011

About the interpol thing. I don't know, I know literal nothing.

It seems nations can issue Interpol red alerts to arrest a person, directly.. without passing through Interpol. Some nation-states are abusing the system to capture whistlebloggers and witness. So these can be murdered.

https://www.reddit.com/r/worldnews/comments/9ms347/interpol_officer_found_dead_in_russia_apartment/

Interpol should change how it works, and have these request pass by their offices first to stop abuse. But until them theres something going on, none of us know about.

Interpol seems to be a good agency working to make our life better and protect the world from the bad guys. But this design allow, maybe, a Saudi governement to issue a arrest for a dude making a porn website, because they don't like porn (they love porn, but only in secret).

sincx
Jul 13, 2012

furiously masturbating to anime titties
.

sincx fucked around with this message at 05:44 on Mar 23, 2021

Trammel
Dec 31, 2007
.
More whining from an entitled millennial, studying the Uighur language in order to get a job to re-educate the UIghurs in the future.

https://theinitium.com/article/20181008-china-xinjian-student-autobiography/ posted:

(Google Translate)
And Xinjiang does not have 4G signals, it has always been 3G networks, and the network speed is very poor. I feel annoyed about these things because they have greatly affected the convenience of my life, but there is no way to change them

Tei
Feb 19, 2011

Trammel posted:

More whining from an entitled millennial, studying the Uighur language in order to get a job to re-educate the UIghurs in the future.

Humans have a large brain. When you have enough food, water, you are not cold or too hot, and the chair fit and you are loved, you start asking for good books, entertaining stories and smart dialogs. The stomach need food, but the brain need braincandy.

Millenials whinning about braincandy means that their other needs are served well enough. Is good news.

Mantis42
Jul 26, 2010

so does Fan Bingbing's former cell still have a vacancy?

https://twitter.com/SpeakerBoehner/status/1051450741099880448

Jagged Jim
Sep 26, 2013

I... I can only look though the window...

Mantis42 posted:

so does Fan Bingbing's former cell still have a vacancy?

https://twitter.com/SpeakerBoehner/status/1051450741099880448

https://twitter.com/CryptoNewman/status/1051452527403782144
:laugh:

Grouchio
Aug 31, 2014

Compared to the 2008 Housing Market crash, how big is China's bubble? Great Depression level?

CIGNX
May 7, 2006

You can trust me

Grouchio posted:

Compared to the 2008 Housing Market crash, how big is China's bubble? Great Depression level?


From 2008 until 2017, China's banking sector's assets (or loans, in lay terms) went from about $8 trillion to $39 trillion. In the US, banks collectively have about $16 trillion in assets. So basically in less than a decade, Chinese banks lent out more money than the entire US commercial banking sector.

This happened because the Chinese government, in an attempt to boost GDP, undermined all of the reforms and checks put in place after the last banking crisis in the 90s to prevent this sort of profligate lending. The worry back then was that unchecked credit growth would inevitably lead to a large number of loans that fail to pay back (these are called "non-performing" loans) and cause the banks to become insolvent. The current official Non-Performing Loan ratio of Chinese banks is around 1.7%, but there are unofficial estimates that claim the real NPL ratio may be as high as 20%. This puts it in-line with the NPL ratio from the previous crisis in the 90s of about 25-30% (check page 10, Table 4).

Grouchio
Aug 31, 2014

CIGNX posted:

From 2008 until 2017, China's banking sector's assets (or loans, in lay terms) went from about $8 trillion to $39 trillion. In the US, banks collectively have about $16 trillion in assets. So basically in less than a decade, Chinese banks lent out more money than the entire US commercial banking sector.

This happened because the Chinese government, in an attempt to boost GDP, undermined all of the reforms and checks put in place after the last banking crisis in the 90s to prevent this sort of profligate lending. The worry back then was that unchecked credit growth would inevitably lead to a large number of loans that fail to pay back (these are called "non-performing" loans) and cause the banks to become insolvent. The current official Non-Performing Loan ratio of Chinese banks is around 1.7%, but there are unofficial estimates that claim the real NPL ratio may be as high as 20%. This puts it in-line with the NPL ratio from the previous crisis in the 90s of about 25-30% (check page 10, Table 4).
Okay. Our NPL Ratio at the height of the great recession was 5%, right? So does that imply that when the bubble pops in China it'll be 4x more catastrophic than ours was?
If that's not how that works or correlates, can I get a comparison of magnitude of how this bubble compares to 2008's? And how badly it would impact certain regions of the world economy?

uncop
Oct 23, 2010

CIGNX posted:

From 2008 until 2017, China's banking sector's assets (or loans, in lay terms) went from about $8 trillion to $39 trillion. In the US, banks collectively have about $16 trillion in assets. So basically in less than a decade, Chinese banks lent out more money than the entire US commercial banking sector.

Holy poo poo. That’s one hell of a get-rich-quick scheme.

CIGNX
May 7, 2006

You can trust me

Grouchio posted:

Okay. Our NPL Ratio at the height of the great recession was 5%, right? So does that imply that when the bubble pops in China it'll be 4x more catastrophic than ours was?
If that's not how that works or correlates, can I get a comparison of magnitude of how this bubble compares to 2008's? And how badly it would impact certain regions of the world economy?

You can't use these numbers to make direct comparisons because the economies of the US and China function in radically different ways. Even though proportionally Chinese banks have more bad loans on their books, they aren't allowed to stop lending. The government literally intervenes and forces the banks to keep lending in order to prop up GDP. When loans are up for repayment and the debtor can't pay back, the government tells the creditor bank to rollover on the loans. Under this kind of environment, what does an NPL even mean anymore? How do you have a credit crunch when no one is allowed to stop the flow of credit? How do you have a panic when the government can instantly shut down market activity indefinitely? All you can realistically say is that the Chinese banking system is likely insolvent. What comes next is a bit of a mystery.

Don't take this as a sign of confidence in the Chinese economy. I'm just arguing you should not expect an exigent crisis a la 2008 to happen, because there is no functioning market at the core of the Chinese financial system for the economy to depend on. Instead, there will probably a situation similar to when the Japanese real estate bubble burst in the early 90s. After a string of companies failing one after the other, the government stepped in to stabilize the large and politically important survivors. The problem was, the survivors were in as just as bad if not worse shape than the companies that died. The government keeps trying to revive these now moribund zombie firms, but they just end up throwing good money after bad. These zombie firms linger on and drag the rest of the economy down with them, leading to decades of malaise. Only in China's case, it'll be stuck in a middling level of economic development and per-capita income rather than at a developed-world level like in Japan's case.

As for the rest of the world, the good news is that China has a relatively closed-off financial system. The bad loans are from Chinese banks to Chinese companies, so you don't have a situation like in 2008 where a lot of European banks were dabbling in mortgage-backed securities in the US. It'll be more of a problem for countries that rely on exporting raw materials to China and companies that depend on rising consumer spending in China. They'll be especially hosed if they've taken on loans to expand production based on the assumption of Chinese consumption increasing forever.


edit:

uncop posted:

Holy poo poo. That’s one hell of a get-rich-quick scheme.
One that is often used in Asia. Perhaps not to the same scale as China, though.

https://www.pairault.fr/documents/lecture3s2009.pdf

CIGNX fucked around with this message at 11:15 on Oct 15, 2018

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landgrabber
Sep 13, 2015

what do i do if i love china but i'm white

is that ok

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