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(Thread IKs: fart simpson)
 
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Antonymous
Apr 4, 2009

shrike82 posted:

the notion of gradual integration doesn't work when younger taiwanese are increasingly anti-PRC

like i said, it's amusing to see taiwanese and hong konger views on china by age group being the inverse of the West.

yeah and it's because PRC is blatantly not positioning itself as a Taiwanese citizen's rightful government that will look after them but an enemy power that will oppress them

you do at some point have to win the hearts and minds

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Antonymous
Apr 4, 2009

The young people in Taiwan who like Mainland China are the ones who want to work there someday b/c their career can only grow by going there and/or mainland coming to Taiwan. but usually only the ones who haven't yet lived there. I had a lot of friends move to mainland only to move back when they couldn't handle it.

Pener Kropoopkin
Jan 30, 2013

Antonymous posted:

lol that the lesson was not to change your bullshit perspective but just not to hang it out for all to see

If I was wrong then why am I being rewarded materially & socially? :smug:

Dreddout
Oct 1, 2015

You must stay drunk on writing so reality cannot destroy you.

Antonymous posted:

you do at some point have to win the hearts and minds

Probably, but that doesn't mean economic coercion can't pave the way for eventual assimilation.

All the mainland has to do is wait until they can enforce the issue. Then hold Taiwan for about a century or so to give the diehard independence minded folk time to die off. It's happened to plenty of countries before.

I don't see any factors that would make Taiwan an exception.

Dreddout has issued a correction as of 04:38 on Aug 2, 2021

shrike82
Jun 11, 2005

reminds me of the old slashdot joke

1. Invasion
2. ????
3. Integration!

Grapplejack
Nov 27, 2007

https://twitter.com/InsiderAsia/status/1421836284855787520

the hustle
e:

quote:

Xia, the marketing consultant, told Insider that many Chinese millennials like herself knew they had to work hard if they wanted a better life.

"If you put in your 100%, someone will put in 110%," she said. "So if you want to earn more money, live in a nicer house, and have a good life for yourself and your family, you only have one option: Work hard. The alternative is to be content with being a loser."

Gu, the tech-startup employee, told Insider that Chinese millennials like him weren't out to "change the world" or "be the generation that changes China." Echoing Xia's sentiments, he said that while some people might be content with "lying flat," there's a consensus that endless possibilities exist — if one works hard.

"I think that the next generation after us may have more room to be creative and pursue alternative careers," Gu said. "But even for younger people, the idea of giving up your corporate job to become a musician and earn a quarter of your current salary would be ridiculous to your peers, not to mention incredibly disappointing to your parents."
hahahgahghaghahreugahrug

Grapplejack has issued a correction as of 05:37 on Aug 2, 2021

shrike82
Jun 11, 2005


quote:

The country's major tech companies celebrate working six days a week, 12 hours a day, as part of a "hustle culture."

For example, this year, nearly a third of the workers at a tobacco manufacturing plant were graduates from some of China's top-ranking universities

this reads like a parody

LimburgLimbo
Feb 10, 2008

Ardennes posted:

Taiwan is still not as important as the US getting cheap manufactured products from the mainland. Even as wages have increased, no one has the economy of scale that the PRC has and as COVID has shown the US economy is still extremely reliant on Chinese imports. The US would actually have to rebuilt its economy from the ground up for that to happen, and just look at the flimsy infrastructure bill that is trying to get out of congress.

Also, the PRC arbitrarily changing the "red line" seems counter-productive and rather pointless if the eventual trend is for China to use its economic weight to force its will. The situation in HK was time sensitive and needed to be delt with, but at this point the PRC can play the waiting game and Tsai has wasted much of the goodwill she had built up.

The question is whether or not 1) this will still be the case in several decades, 2) there won’t be the political will to do do something despite all this, 3) China is also willing to undergo the consequences.

Yes the world relies quite a bit in Chinese manufacturing, but if every world power sanctions China it would nonetheless be devastating to them and the domestic backlash could be considerable.

Where’s a Tom Clancy equivalent of global economics when you need them?

Zmej
Nov 6, 2005

"University courses in China are far cheaper than in the US and can go as low as $550 a semester"

I remember once making a frowny face when learning about the education reforms under Deng, like eliminating the subsidies... but after I read this I realize it's still a pretty drat good and i'm more upset than ever about my student debt lol

LimburgLimbo
Feb 10, 2008

Zmej posted:

"University courses in China are far cheaper than in the US and can go as low as $550 a semester"

I remember once making a frowny face when learning about the education reforms under Deng, like eliminating the subsidies... but after I read this I realize it's still a pretty drat good and i'm more upset than ever about my student debt lol

Just wait until you find out that’s literally everywhere but the US

Centrist Committee
Aug 6, 2019

LimburgLimbo posted:

The question is whether or not 1) this will still be the case in several decades, 2) there won’t be the political will to do do something despite all this, 3) China is also willing to undergo the consequences.

Yes the world relies quite a bit in Chinese manufacturing, but if every world power sanctions China it would nonetheless be devastating to them and the domestic backlash could be considerable.

Where’s a Tom Clancy equivalent of global economics when you need them?

here read this

https://www.bloomberg.com/news/feat...ff?srnd=premium

the cpc just wiped out their entire for profit education sector. they’re working on a made in china 2025 plan. while us condos collapse, they build hospitals in days. while fires shutdown our decrepit rail system, which the chinese built a hundred years ago, they lay track by the hundreds of miles. while the us prepares to evict millions, they’ve eliminated poverty. now they’re working on the “three mountains” of education, healthcare, and property. meanwhile pelosi says biden can’t touch student debt, the delta wave is running rampant, and black rock approaches rental monopoly

the only tom clancy for global economics is the fever dream that this is somehow a war of equals. china already won. it’s just a question of whether the left in the us can get its poo poo together before the nukes start flying

Zmej
Nov 6, 2005

LimburgLimbo posted:

Just wait until you find out that’s literally everywhere but the US
:(

also, big if true:
https://twitter.com/geektox/status/1422031704198303744?s=20

mortons stork
Oct 13, 2012

Lol that they had to write that article celebrating that exact poo poo everyone thinks is the absolute worst

gradenko_2000
Oct 5, 2010

HELL SERPENT
Lipstick Apathy

LimburgLimbo posted:

but if every world power sanctions China

this seems, uh, unlikely

shrike82
Jun 11, 2005

quote:

At least 40% of China's millennial homeowners received money from their families to help pay for their houses, per the HSBC report.

The pressure to grab property in China is high because it practically makes or breaks your chances of getting married. Chinese men are expected to purchase homes before they can tie the knot, said Allison Malmsten, a marketing director at Daxue Consulting.

"Owning a home means a lot to Chinese families, so they are willing to put themselves in deep debt in order to purchase a home," she told Insider. "To make the down payment, a whole family will chip in, oftentimes borrowing money from extended family and friends before going to the bank."

late stage communism sounds very similar to late stage capitalism

gradenko_2000
Oct 5, 2010

HELL SERPENT
Lipstick Apathy

there goes Clancy-chat again

Centrist Committee
Aug 6, 2019

shrike82 posted:

late stage communism

how do you do fellow leftists

ded redd
Aug 1, 2010

by Fluffdaddy

gradenko_2000 posted:

this seems, uh, unlikely

it's not completely out of the realm of possibility in the same way that every single member of congress committing ritual suicide all at once isn't out of the question. you'd need one hell of a raison d'etre to disrupt the crux of world manufacturing and for all the bluster about ~lab leaks~ it's questionable whether you could even get a global majority on board with putting a halt on the country's output over the rona. anything that forces their rivals (and allies) hands like that and we're probably well past the point of talking about sanctions.

Junkozeyne
Feb 13, 2012
Bullshit articles about "millenials" transcends all politics and ethnicity. Finally west and east brought together in harmony.

Some Guy TT
Aug 30, 2011

https://twitter.com/KHerriage/status/1421937890234351620

fart simpson
Jul 2, 2005

DEATH TO AMERICA
:xickos:

shrike82 posted:

late stage communism sounds very similar to late stage capitalism

interesting list of countries at the top don’t you think

Some Guy TT
Aug 30, 2011


i didnt realize until seeing this headline that chinese millennials apparently have about the same purchasing power that south korean millennials do

well except for the part about not having any student debt lol

mila kunis
Jun 10, 2011

https://www.bloomberg.com/news/articles/2021-07-27/china-s-crackdown-stocks-extend-declines-into-a-third-day?srnd=premium-asia


China Stock Rout Spreads Amid Fears of Foreign Investor Exodus



A deepening selloff in Chinese stocks spread to the bond and currency markets on Tuesday as unverified rumors swirled that U.S. funds are offloading China and Hong Kong assets…. The dramatic moves underscored how fragile investor confidence has become after a months-long regulatory onslaught by Beijing that only seems to be getting worse. Traders fear the latest crackdown on the nation’s education, food delivery and property sectors could expand to other industries such as health care, as China looks to tighten its grip on Big Tech and reduce the wealth gap


https://www.asiafinancial.com/china-seen-ushering-in-new-era-as-it-puts-socialism-before-shareholders


China Seen Ushering in New Era as it Puts Socialism Before Shareholders


Carnage in China’s financial markets may signal the beginning of a new era as the government puts socialism before shareholders and regulatory changes rip apart the old playbook.



That’s the view of many investors, who see China’s regulatory crackdowns on tutoring companies, tech and property as a part of the most significant philosophical shift since former leader Deng Xiaoping set development as the ultimate priority more than 40 years ago.



[...]



Investors have so far responded with alarm that tipped on Tuesday towards panic. They dumped health stocks in anticipation the sector will be next in the firing line, even as the property and education sectors reel.

Housing, medical and education costs were the “three big mountains” suffocating Chinese families and crowding out their consumption, said Yuan Yuwei, a fund manager at Olympus Hedge Fund Investments, who had shorted developers and education firms.

“This is the most forceful reform I’ve seen over many years, and the most populist one,” Yuan said. ”It benefits the masses at the cost of the richest and the elite groups.”

LimburgLimbo
Feb 10, 2008
Marx_itshappening.gif

Centrist Committee
Aug 6, 2019
this thread and doomsday economics are merging. the general sense of the latter is the fed really has no idea what to do and the us economy is headed toward some kind of spectacular crisis. my read of this one is that china and its national bourgeoisie are anticipating the crisis and moving into a new phase of social and economic development

Lyndon LaRouche
Sep 5, 2006

by Azathoth

Centrist Committee posted:

china and its national bourgeoisie are anticipating the crisis and moving into a new phase of social and economic development

Well, at least they've got people actually steering their ship.

Cerebral Bore
Apr 21, 2010


Fun Shoe

shrike82 posted:

this reads like a parody

i agree, but then again so do all of your other posts

mila kunis
Jun 10, 2011

Centrist Committee posted:

this thread and doomsday economics are merging. the general sense of the latter is the fed really has no idea what to do and the us economy is headed toward some kind of spectacular crisis. my read of this one is that china and its national bourgeoisie are anticipating the crisis and moving into a new phase of social and economic development

mila kunis posted:

chinese bourgeoisie getting increasingly pissed, as the mournful messages from my loaded fuerdai friend can attest to. i wonder if there's a way for them to team up with international capital to take a crack at the CPC, or do a capital strike as happened with the keynesians. maybe the commanding heights being under state control renders them resilient to it

you cant take your money out of the country due to capital controls. you cant invest in speculatory bubbles or societally harmful but lucrative poo poo like for profit education because big gubmint is going to come gently caress you up. if you're chinese capital and want quick and large returns, what do you do?

i'm not sure what chinese capital can actually do under these constraints. time was you could just send a failson abroad and have him buy property in canada or wherever but capital controls have gotten really onerous

stephenthinkpad
Jan 2, 2020

mila kunis posted:

i'm not sure what chinese capital can actually do under these constraints. time was you could just send a failson abroad and have him buy property in canada or wherever but capital controls have gotten really onerous

Nothing. In theory you can wire 50K USD out every year but the banks are requiring more and more documents when you try to do it. Small time business men can still use cryto to smuggle money out. But if you are talking about large amount of renminbi, it's very hard to flight out of China.


Beijing just announced a serial of policy targeting Chinese private companies that launched IPO in the US stock market.

stephenthinkpad
Jan 2, 2020

Antonymous posted:

The young people in Taiwan who like Mainland China are the ones who want to work there someday b/c their career can only grow by going there and/or mainland coming to Taiwan. but usually only the ones who haven't yet lived there. I had a lot of friends move to mainland only to move back when they couldn't handle it.

I think there is already 0.5% Taiwan population working in mainland. But major economic shift produce alot of winners and losers. And you can't wait for the losers look at the big picture of the regional economy and willingly agree with the shift.

This happened with HK, in term of big change in pearl river delta ecomony leaving some losers inside HK and they made big noise. I think it will happen in Taiwan too. That's why I don't believe the economic coercion theory. You can't dress up economic coercion as a "free market" model and hope for it to fix everything eventually.

fart simpson
Jul 2, 2005

DEATH TO AMERICA
:xickos:

Some Guy TT posted:

i didnt realize until seeing this headline that chinese millennials apparently have about the same purchasing power that south korean millennials do

well except for the part about not having any student debt lol

yeah at my company in shenzhen quite a few people are south korean millennials here for work. especially women. some of them told me working conditions and pay are both better for them here than working in korea

stephenthinkpad
Jan 2, 2020

fart simpson posted:

yeah at my company in shenzhen quite a few people are south korean millennials here for work. especially women. some of them told me working conditions and pay are both better for them here than working in korea

I was told the largest number of foreign national in China is probably Korean. I was very surprised. For one I have never met any in China. Koreans also has language barrier.

shrike82
Jun 11, 2005

you'd think China would be able to appeal to HK millenials by killing a couple of property tycoons and regulating property prices but if anything, Beijing seems to have doubled down on cosying up with the real estate billionaires

a big part of increasing negativity toward China by the Taiwanese, especially younger ones, is how botched the central government's management of HK has been

fart simpson
Jul 2, 2005

DEATH TO AMERICA
:xickos:

stephenthinkpad posted:

I was told the largest number of foreign national in China is probably Korean. I was very surprised. For one I have never met any in China. Koreans also has language barrier.

i was told it was japanese people. idk i live in an area of shenzhen with a lot of korean and japanese people so i could see it. there’s a lot of koreans in my apartment building, tons of korean restaurants, and a korean supermarket and korean coffee shop downstairs. and across the street is a japanese neighborhood where almost all the restaurants and bars and hotels have japanese writing on them and the staff at all those places are bilingual mandarin and japanese

Ardennes
May 12, 2002

Centrist Committee posted:

this thread and doomsday economics are merging. the general sense of the latter is the fed really has no idea what to do and the us economy is headed toward some kind of spectacular crisis. my read of this one is that china and its national bourgeoisie are anticipating the crisis and moving into a new phase of social and economic development

That or the Fed is continually supporting markets without an exit strategy while China has generally let them go. I would say the market in the US at the "too big to fail" level, too much depends on it (including oligarchs)...and so the emphasis has to be on continual printing.

Lostconfused
Oct 1, 2008

Ardennes posted:

If it wasn’t Franz Joseph, it would have been something else, not only was everything preparing for a war but Austria-Serbian relations were already getting worse. The situation right now is guided primarily economic and trade.

Christopher Clark argues in his book that Austria-Hungary could have possibly just attacked right away without warning as a retaliation without triggering a war between the two political alliances. Russia was building a narrative that Serbia was innocent in the assassination, with tacit support from Britain/France, and the time spent on the trial and establishing guilt was very helpful for that.

stephenthinkpad
Jan 2, 2020

fart simpson posted:

i was told it was japanese people. idk i live in an area of shenzhen with a lot of korean and japanese people so i could see it. there’s a lot of koreans in my apartment building, tons of korean restaurants, and a korean supermarket and korean coffee shop downstairs. and across the street is a japanese neighborhood where almost all the restaurants and bars and hotels have japanese writing on them and the staff at all those places are bilingual mandarin and japanese

Japan has number of large factories in Guangdong right? Like the Honda plant. What do the Koreans do, I genuinely want to know. They can't be the ones sending you funny seller replies on aliexpress can they?

mila kunis
Jun 10, 2011

Ardennes posted:

That or the Fed is continually supporting markets without an exit strategy while China has generally let them go. I would say the market in the US at the "too big to fail" level, too much depends on it (including oligarchs)...and so the emphasis has to be on continual printing.

owning assets (real estate, stocks) in the west seems to be turning into buying into an emerging feudal rentier order divorced from economic realities that the government props up because rich people's net worths funneled through financial services companies are completely locked into it

i can't imagine the state here trashing asset prices in entire sectors without blinking like china's doing

fart simpson
Jul 2, 2005

DEATH TO AMERICA
:xickos:

stephenthinkpad posted:

Japan has number of large factories in Guangdong right? Like the Honda plant. What do the Koreans do, I genuinely want to know. They can't be the ones sending you funny seller replies on aliexpress can they?

yeah there are a lot of japanese factories around here. i've heard a lot of the japanese people work at them, but i don't really know any japanese people here. i just see them around. the korean people i know are almost all industrial designers but i think thats because my window into the korean expat world here is through my industrial designer coworkers. no idea what the big industry is for them really.

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AnimeIsTrash
Jun 30, 2018

https://twitter.com/DylanBurns1776/status/1421979699857788929

Wut

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