Chinese Economics Thread


Crang

Junior Member
Registered Member
Sounds like wasteful to me. There is really no need for china to build another big high tech infrastructure center. There is only one sillicon valley in the US. In the tech industry, as with every other industry, talents will flow to where its better to their careers/pockets, not where its closer. And besides, with the tech advancements, working at distance will become more prevailling in the future.




I think that the chinese government should understand that they cant develop everything in every territory. Even in the US, there are a lot of scarcely populated regions that live primarily of agriculture and turism. Taking into account the caracteristics of NE china (being more plain and more fertile than other regions of china), whats the problem of those regions specializing in agriculture? And i dont think that NK will ever be much helpful to NE china in economic terms.
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siegecrossbow

Brigadier
Staff member
Super Moderator
Sounds like wasteful to me. There is really no need for china to build another big high tech infrastructure center. There is only one sillicon valley in the US. In the tech industry, as with every other industry, talents will flow to where its better to their careers/pockets, not where its closer. And besides, with the tech advancements, working at distance will become more prevailling in the future.




I think that the chinese government should understand that they cant develop everything in every territory. Even in the US, there are a lot of scarcely populated regions that live primarily of agriculture and turism. Taking into account the caracteristics of NE china (being more plain and more fertile than other regions of china), whats the problem of those regions specializing in agriculture? And i dont think that NK will ever be much helpful to NE china in economic terms.
That’s not true. In the U.S. Austin and Seattle are also major tech centers. However I agree that it is best for tech centers to form organically instead of through governmental intervention. If the soil is there, the efforts will bear fruit naturally.
 

localizer

Captain
Registered Member
That’s not true. In the U.S. Austin and Seattle are also major tech centers. However I agree that it is best for tech centers to form organically instead of through governmental intervention. If the soil is there, the efforts will bear fruit naturally.
The stagnation of the North and flourishing of Pearl Delta was more by design due to there only being 4 SEZ's and 1 Hongkong.

North got neglected and is now the rust belt.



Establishing SEZ's in the north would actually be the "organic" way.
 

bomberman

Junior Member
Registered Member
That’s not true. In the U.S. Austin and Seattle are also major tech centers. However I agree that it is best for tech centers to form organically instead of through governmental intervention. If the soil is there, the efforts will bear fruit naturally.
You can count Northern Virginia as well. Some of the biggest datacenters are located in Northern Virginia.
 

Orthan

Junior Member
North got neglected and is now the rust belt.
Im not chinese and i have never been to china, but what i have learned from school days (about 1990), is that north and NE china is where the old post-revolution industrial centers of china were located. With the opening up of the economy and globalization, its not a surprise that those regions became rust-belt regions, unable to adapt to the new economic realities, just like what happened with the US rust-belt regions.

I dont think that this has to do with government neglect.
 

localizer

Captain
Registered Member
Im not chinese and i have never been to china, but what i have learned from school days (about 1990), is that north and NE china is where the old post-revolution industrial centers of china were located. With the opening up of the economy and globalization, its not a surprise that those regions became rust-belt regions, unable to adapt to the new economic realities, just like what happened with the US rust-belt regions.

I dont think that this has to do with government neglect.
I talk to my family there pretty much everyday. There's no opportunities and starting a business is hard due to the governments there. It's very old school commie/corrupt. The jobs there are low productivity and low paying. And it's cold af. Also food is more expensive than the south due to logistics.

Let me give you an example. One of my relatives flew to Shanghai and quarantined for 14 days ($1k). Then flew to her hometown in the north and had to quarantine for another 14 days ($1k) which is completely unnecessary and is a money grab because many people were able to bypass this through various under the table bullshit. They then instructed her to quarantine at home for another 14 days.



At $10k GDP per capita, China isn't past industrializing yet.
 

Crang

Junior Member
Registered Member
I talk to my family there pretty much everyday. There's no opportunities and starting a business is hard due to the governments there. It's very old school commie/corrupt. The jobs there are low productivity and low paying. And it's cold af. Also food is more expensive than the south due to logistics.

Let me give you an example. One of my relatives flew to Shanghai and quarantined for 14 days ($1k). Then flew to her hometown in the north and had to quarantine for another 14 days ($1k) which is completely unnecessary and is a money grab because many people were able to bypass this through various under the table bullshit. They then instructed her to quarantine at home for another 14 days.



At $10k GDP per capita, China isn't past industrializing yet.
Why didn't she try to bypass it?
 

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