Chinese Economics Thread

manqiangrexue

Brigadier
From the girls I dated it appears girls really like Apple products for its beauty factor. Presumably it also communicates luxury. But I guess for us guys these don't apply. I don't think guys think Apple products are more beautiful or more luxurious, but girls dig them.
Men are about function, all substance, not chasing the bling factor. I got an LG Q7+ (actually quite a powerful machine at 4gb RAM, 64gb memory) for $50 used and I'm not switching till it breaks. Does everything I need it to and more. To me, this communicates efficiency, intelligence, low profile, and self-confidence. When a "man" brags about his new $1,500 iphone with 512GB memory (and I have a friend who does that), it communicates shallowness, insecurity, lack of thought/ability to avoid corporate traps, and a drone-like following of trends. And that doesn't even take into consideration that any Chinese person using an Apple product is just a shame to behold; puts a grin on the faces of all those racist against the Chinese.
 

MrCrazyBoyRavi

Junior Member
Registered Member
Unlike many internet warriors, I just put money where my mouth is. I purchased Alibaba stocks. Yes, I am fully aware that there is a nonzero possibility that Jack Ma really disappeared and that China will crack down hard on his business, but I really doubt it. Hence I’m making a financial decision based on it.
Sell all stock if alibaba stock dips below 200$ and buy march calls . Easy money.
 

Petrolicious88

Senior Member
Registered Member
I think China must figure out a way to increase automation among small businesses. This is the key in improving GDP/capita.

Maybe there should be government program to educate and aid small businesses in finding and acquiring robotics.
How does automation increase GDP/capita. Education and transition from cheap labor improves income.
 

manqiangrexue

Brigadier
How does automation increase GDP/capita. Education and transition from cheap labor improves income.
In 2 ways:

1. Jobs that are filled by machines can relieve the manual labor so that those people can do other jobs and work other roles or new businesses that previously could not open due to labor constraints.

2. A man working with his hands will produce far less than if you give him a machine that works 10x faster than him so it increases total output of each person. This will increase standard of living because there will be more of the same to go around, depressing the per unit prices while increasing overall revenue.

Of course these all assume non-saturation and room to expand. Without these, more machines mainly drive up unemployment.
 
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localizer

Colonel
Registered Member
If I were Trump I'd worry about a second impeachment and potential prison sentence after the dumbass stunt he pulled today instead of some stupid stock ban that won't materialize or might miraculously materialize but gets overturned after two weeks.
man why u buy BABA when u could buy NIO/XPEV
 

hashtagpls

Senior Member
Registered Member
In my impression, more like 30 years behind reality.

LKY said it'll take another 20 years for Westerners to accept China. Maybe covid will speed things up a bit. Some people are getting a bit more clear headed after covid. But still people refuse to believe shit about China. Hey look even if China overtakes USA in the military realm too, people proactively want to keep their heads in the sand. They'd rather actively deceive themselves since a world where China is stronger than USA destroys their sense of superiority
IT would be a great pleasure to give the Anglos their version of Battle of Tsushima 2.0
The shares of these three companies traded on NYSE are a small percentage of the total shares traded. Those investors wanting to continue to hold the stocks have been selling their holdings in NYSE and swapping them with those in HKSE.

The Trump government has done tremendous and long-lasting damages to the reputation of the US, its market, financial systems and high-tech industry. I don't recall the US has ever lost its calm and cool in such ways. It takes a competitor and rival of China to cause such panic and shoot in its foot. It's rather sad.
China's rise fundamentally strikes a chord in most anglo white supremacists; China's rise threatens their white privilege, so if you're a white anglo beta who no woman wants to fuck, your best bet is to go to asia and use your white privilege to prevent your beta genes from being consigned to the genetic dustbin of history.
China's rise threatens that privilege, so much so that a China that is equal or supersedes the US would be the equivalent of castrating an anglo male.

And judging by the behaviour of Sexpats in power like matt pottinger, they know it too, because they treat having to cope with China's rise like it's an existential crisis.
 
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