Chinese Economics Thread

[plawolf]

Jesus, just ignore the University of Google failure already. It was painfully obvious from my first exchanges with him that not only does he have zero real world knowledge or experience of the concepts and theories he name drops like the worst Z-list wannabe; but far more critically, he patently cannot even google well enough to understand what it is he is name dropping.

Take Kaizen as just the latest of the endly stream of examples, that is not a culture. It is a process, and a means to solve complex problems.

It is no more a culture than brainstorming.

And it is a very successful one, as many of the top performing US and European companies also use it routinely.

Please just put him on your ignore list like me, so I don’t even have to see the responses to his endless mindless nonsense, as everyone’s time is far to precious to waste on such nonsense.

 

[Jura The idiot]

now I read
China Focus: Economic recovery building up in China's rustbelt
Xinhua| 2018-11-22 13:56:55

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China's rustbelt provinces have seen its economic growth picking up in recent months, shrugging off bleak outlook for the economy in previous years.

The latest statistics show that the GDP in Liaoning, Jilin and Heilongjiang rose 5.4 percent, 4 percent and 5.1 percent year-on-year, respectively, in the first three quarters, with Liaoning having positive growth for seven consecutive quarters and Jilin ending its half-year economic slowdown in Q3.

With economic growth accelerating, the rustbelt provinces have "bottomed out" and entered a new phase of "restorative growth," said Li Kai, vice director of Dongbei Revitalization Research Institute under Northeastern University.

Dongbei, or northeast in Chinese, refers to the three provinces of Liaoning, Jilin and Heilongjiang that once were the most important heavy industry bases in China.

However, the three provinces have been struggling for growth since 2014 following the decline of their traditional heavy industries such as coal, steel, petrochemical and machinery.

Falling investment has intensified along with population loss, which exacerbated the difficulty for local governments to renovate its economy. Reform was imminent.

Li has been following the economic trends in the region for years. Looking retrospectively, he said local companies have vigorously promoted supply-side structural reform to adapt to the market, and governments have prioritized the work of improving business environments.

A campaign was launched across the region to delegate power, improve regulation and optimize services, with hundreds of guidelines issued to transform government functions.

In Heilongjiang, about 73 percent of the review and approval items at the provincial level have been canceled. In Jilin, a total of 1,263 provincial review and approval items can be done with just one trip to the office hall.

As a result, private investment rose 8.8 percent, 11.5 percent and 1.1 percent, respectively in Liaoning, Heilongjiang and Jilin from January to September, including a major 3-billion-euro (about 3.4 billion USD) investment from BMW.

Johann Wieland, president and CEO of BMW Brilliance Automotive Ltd., said the investment has everything to do with improving the government service and business environment in the city of Shenyang, capital of Liaoning Province.

In the meantime, Jilin and Liaoning have introduced favorable policies to attract talent to settle and thrive in their cities, including high relocation allowances, relaxed payment restrictions and entrepreneurship support.

In Liaoning alone, the province recruited 150 percent more high-level innovative young talents in the first seven months of the year than a year ago.

However, compared with other regions, especially coastal provinces in southeast China, the rustbelt provinces still lag behind in terms of economic development.

Li said the northeastern provinces can function as a sample and window on the Chinese economy. The changes in recent years have once again proved that only reform and opening-up can push the economy forward.

 

[Anlsvrthng]

And then you said they compensated this with Kaizen so it's not so rigid anymore. Otherwise, why would you mention Kaizen? Nobody attributes Japan's economy disaster to hierarchy. You are confusing correlation with causation just like you did before. Just because you have found a culture that has one aspect that you don't like and they had a major issue does NOT mean that that aspect caused the issue. If you saw a man who exercises a lot and he happens to be stupid, you cannot conclude that exercise makes you stupid.

I don't want to waste more time for this topics.
The interpretation of this is not that difficult.

OK, Valve Software. Now describe in detail what the hell you believe goes on in Valve Software that would make you think that they don't have hierarchy. GIVE SOURCES. Don't make things up. Then, explain why you think Valve software has double the performance of companies that implement stricter hierarchy than Valve (such as Microsoft, Google, Apple, etc...).

This is the first step. If you can do both of these (which I doubt you can), then you will have established correlation (even if it is in a lone outlier). Next, you would need to establish causation if you wanted to make your point valid.

Google: "valve handbook pdf"

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But gain, it is not white/black.

Every company showing itself in a point of a spectrum extending from Valve to the military organisations.

And every company showing the basic characteristics of the culture of home/hosting country.

 

[Anlsvrthng]

Take Kaizen as just the latest of the endly stream of examples, that is not a culture. It is a process, and a means to solve complex problems.

: D

Suggest to talk with an assy line operator from the Honda/Toyota.

He/she will open up your eye : )
The thing that you "think" is Kaizen a simplified version of 6sigma .
That is a project , that periodically managed by the hierarchy.

 

[PiSigma]

: D

Suggest to talk with an assy line operator from the Honda/Toyota.

He/she will open up your eye : )
The thing that you "think" is Kaizen a simplified version of 6sigma .
That is a project , that periodically managed by the hierarchy.

Why did u ignore my post when I proove you wrong with Swarovski, shell, and Zara? Got nothing to add?

 

[taxiya]

: D

Suggest to talk with an assy line operator from the Honda/Toyota.

He/she will open up your eye : )
The thing that you "think" is Kaizen a simplified version of 6sigma .
That is a project , that periodically managed by the hierarchy.

What is your point? Kaizen is 改善 in Chinese/Japanese, literally means improvement in English. Being part of 6Sigma does not make it more than a word.
Stop educating East Asians about East Asia when you don't speak or read the languages.

 

[manqiangrexue]

I don't want to waste more time for this topics.
The interpretation of this is not that difficult.

It's a problem when you ignore things that are important to the discussion but not helpful to your opinion. "Correlation is not causation" is a very important concept that you cannot debate intelligently without understanding.

Google: "valve handbook pdf"

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But gain, it is not white/black.

Every company showing itself in a point of a spectrum extending from Valve to the military organisations.

And every company showing the basic characteristics of the culture of home/hosting country.

So from what you cited, the most relevant sentence is this:

"Valve publicly published their employee handbook in 2012, demonstrating at that time that outside of executive management, there were no bosses, and the company used an

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system, allowing employees to move between departments at will."

In other words, Valve uses a ruling elite to command its workers but reduced only the layering of power. Really, it is concentrating even more power into a smaller group of people. It is black and white; your system of having no/weak hierarchy does not work and is not used anywhere. You've also missed the other critical part which is proving that Valve is TWICE as successful as its competitors like Microsoft, Oracle, Google, etc...

Saying that everything is a spectrum is a poor way of trying to weasel out of responsibility for your imaginary no hierarchy system, because of course everything is on a spectrum but from start to finish, this spectrum encompasses only different types of the same thing, which is a small ruling elite commanding the masses below them. And also, most importantly, nowhere is it demonstrated that on this spectrum, the less powerful the upper management is the more successful the company is. This is not a trend and because of this, the power dynamic between the bosses and workers (with minimal deviation really) is only company personality, NOT a driver or indicator of success, at least not positively.

 

[Anlsvrthng]

What is your point? Kaizen is 改善 in Chinese/Japanese, literally means improvement in English. Being part of 6Sigma does not make it more than a word.
Stop educating East Asians about East Asia when you don't speak or read the languages.

There is a different meaning of it in the Toyot cultural standpoint.

 

[taxiya]

There is a different meaning of it in the Toyot cultural standpoint.

, now a company has a culture. By doing so, you can chop up every country/nation into thousands of tinny pieces of "culture". I have a unique culture too.

 

[Anlsvrthng]

Why did u ignore my post when I proove you wrong with Swarovski, shell, and Zara? Got nothing to add?

Information overload.

Every discussion start to break down into million line. Like a fractal : P

Sorry : )

So, the sole Spanish brand ( that has half of its footprint in Europe ) worth more than the top two (maybe three, but I can't found the valuation of Alibaba on the interbrand.com ) Chinese brand ? ( Lenovo and Huawei )