Chinese companies should invest heavily on lawyers & lobbyists in US. WeChat, Tiktok, Xiaomi decisions show that there are still few judges left who uphold the Rule of law and strike down arbitrary decisions of US Govt. Having a strong legal team would certainly result in more such favorable decisions.
Chinese Economics Thread
- Thread starter Norfolk
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manqiangrexue
Brigadier
I don't know about that. At the end of the day, American law is still completely at the mercy of American decision makers and in essence, you would be investing in something that is ultimately at your enemy's mercy. It may get you some things but whatever is at your enemy's mercy can be taken away and retracted at any minute when it is working too well. Investment in science, however, is completely out of the realm of any nemesis' grip; science is the ultimate power that can conquer all people and all artificial laws. Investment in scientific research is investment in ultimate power; detraction from research funds to invest elsewhere is sometimes necessary as logistics go but too much of this and you will be trading something that is invaluable and timeless for things that may be cheap and ephemeral.
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What compensation, the US didnt exactly pay for slave labour or the extermination of natives for thier lands. Just remember, you are under no moral obligation to pay for any product or service in the United States. You pay for products and services so you dont get shot and trhown in jail, but do not confuse that with an actual societal obligation as the country is morally null and void.
Equation
Lieutenant General
I like both Bill Maher and Trevor Noah for their bluntness in what's happening around America's domestic problems. Trevor Noah does it in a more comedic sarcastic ways. Bill on the other hand pulls no punches.
antiterror13
Brigadier
see in 2020, even much higher relatively
AssassinsMace
Lieutenant General
The movie Avatar was rereleased in China and it has now surpassed Avengers Endgame as the biggest box office in the world and it's got American "silly people" angry that a now Disney movie has beaten a Disney movie where the US is making more money from China which also has Americans angry. Just read the Twitter rage. It's unfair and should be against the law that Avatar was rereleased when no other movie is allowed to beat Avengers Endgame.
China has 1,058 billionaires, outpacing the US: Hurun report
BEIJING (Global Times): China has outpaced the US to become the first country in the world with more than 1,000 billionaires, according to the newly released 2021 Hurun Global Rich List.
In total, at the beginning of 2021, China now has 1,058 billionaires with their wealth denominated in US dollar, an increase of 259 billionaires from the number last year.
"Despite the trade war with the US, China adds 259 billionaires and becomes the first country with more than 1,000 known billionaires, suppassing other countries including the US, India, and Germany," said the report.
Globally, 412 new billionaires have been added this year, which brings the world'stotal billionaires to 3,228 at present.
Even after being impacted by the pandemic last year, entrepreneurs from China have performed well on the Hurun List.
Zhong Shanshan, founder of Nongfu Spring, became the first Chinese entrepreneur to make it to the top 10 of the world's wealthiest people list with 550 billion yuan US$84.96 billion) in personal wealth.
Ma Huateng, CEO of Tencent, ranks second on the list of China's wealthiest people with an 70 percent of increase of his wealth to 480 billion yuan.
Huang Zheng, founder of Pinduoduo, surpassed Jack Ma and ranked third on the list of China's wealthiest people with 450 billion yuan.
ByteDance founder Zhang Yiming's wealth tripled last year, and he was ranked on the top 5 of China's wealthiest people for the first time with 350 billion yuan.
Lei Jun, founder of Xiaomi, doubled his wealth to 204 billion yuan and entered the top 50 of the world's wealthiest people list. - Global Times
The Atlantic Council hoped to corrupt those billionaires to serve as their proxies in China; little did they know that even billionaires fear the CCP.