Miscellaneous News

horse

Colonel
Registered Member
Remember when some people used to say that knowing English was an advantage over someone in China because they did not speak English commonly?

Well, that is China.

It does not make counter arguments, it goes ahead and demolishes ideas.

What is right, is right. That is correct.

:oops:
 
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Iracundus

Junior Member
Registered Member
Vietnam hating China is understandable; after all, what is now North Vietnam was ruled by Chinese dynasties and/or warlords for more than a thousand years, which despite evidence to the contrary, their nationalist historians still paint as a long period of colonial oppression. Japan's time in Vietnam, like the US's and the French's, was a blink of an eye, by comparison.

It is a complex also shared by Korea, which is why the Koreans (like the Vietnamese) keep trying to paint Chinese history and/or culture as "not Chinese," just so they could avoid being seen as former Chinese subjects that could become so again. It's also why they fear Chinese hegemony much more than American hegemony - because in their mind, China could actually finish the job.

Whenever you see people with persistent dislike of China, it is almost always driven by self-interest. Back in the 1980s and 1990s, Japanese actually had positive sentiments towards China because they were investing heavily in China and saw it as the future of their economic empire. Then the Lost Decade hit and China started rising and taking their jobs/industries and the rest is history. The same is true of the US - the 2000s were the height of US-China relations because the US was certain of its hegemony and saw China as a giant money bag. Then the 2010s hit and the rest we all know about.

The period of "positive sentiments" you refer to is just basically when they want cheap labor. That meant the managerial class were non-Chinese and reaping most of the profits. Even while they utilized the cheap labor to make profit, they would look down on the Chinese as mindless drones, human robots, or any of a variety of other dehumanizing caricatures. Basically they liked having de facto slaves (or near slaves) and would have been happy to continue such an arrangement. That was why they objected and reacted so strongly to China moving up the value chain instead of being content to be servile sweatshop laborers.
 

Sardaukar20

Major
Registered Member
Whenever we feel abit down from all the negative news in the world. We can always turn to the Indian media to hear their optimism about overtaking China. It's always great entertainment.
Shamika Ravi Reveals Key Strategies For India To Overtake China As Global Superpower | IES 2025

At the India Economic Summit 2025, Shamika Ravi, member of the Prime Minister’s Economic Advisory Council, shares insights on how India, the fastest growing economy globally, can rattle China's dominance on the global stage

Shamika says that the average Chinese are only have 1.5x better quality of life than Indians. She also says that only 35% of the Chinese economy is private consumption, while it's 70% for the Indian economy. I dunno where she gets these numbers, but I think she assumes that quality of life is measured by the amount of money an individual spends. So in China, when a person pays less to live a very decent life, it still counts as lower quality of life. But in India, when someone spends most of his paycheck on basic needs, then it's counted as a higher quality of life.

Then Shamika cites that freedom of expression and democracy makes India a superior modern economy than China. Indians can express their views and get involved in shaping the destiny of their nation. Good. Because the question shouldn't be when does India surpass China. India have already has. We should celebrate that. Jai Hind!
 

Thecore

Junior Member
Registered Member
Japan is facing record bond yields rates with its 30-year yield at a record high of 3.41% and its 2-year reaching 1% first time since 2008. This is only the beginning, question is which will be the first domino to fall first? Japan, UK, US or Germany?
US will go into recession in Q1 or end of this quarter. A big chunk of the US stock market is still propped up by Yen carry trade (borrowing yen at low rates to then invest in ridiculous speculative returns in the US stock market). These borrowers now need to pay back with higher rates, they will start dumping stocks. Trump will need to push the turbo button on the US money printers and pressure the fed to lower rates, but this means daddy inflation comes back and beats the children again. Two evil peas in a pod with their destinies tied to each other.
 

Randomuser

Captain
Registered Member
The period of "positive sentiments" you refer to is just basically when they want cheap labor. That meant the managerial class were non-Chinese and reaping most of the profits. Even while they utilized the cheap labor to make profit, they would look down on the Chinese as mindless drones, human robots, or any of a variety of other dehumanizing caricatures. Basically they liked having de facto slaves (or near slaves) and would have been happy to continue such an arrangement. That was why they objected and reacted so strongly to China moving up the value chain instead of being content to be servile sweatshop laborers.
I remember I saw a post on some Hong Kong forum out of boredom a while back. They were talking about working for a Hong Kong Branch of a Japanese Bank. I think it was Mizuho but it doesn't matter since they all act similar.

Your average person would think. Wow that must be great! Largest Japan bank in Hong Kong financial center? Must by good right? Yet on the forum I learnt it sucks major ass. Like the branch wasn't very profitable so the higher ups don't give it priority. In addition the country heads were all old Japanese farts who couldn't even speak English or Chinese and know nothing about the markets yet made all the decisions. When you do emails, you pretty much have to do them all in Japanese. The locals staff got shit pay and were treated as third class citizens. Basically its probably a nice version of what life was like working under the Japanese during the first half of the 20th century. I think for any weeb who still dreams on working in Japan, maybe you should try working for your local branch of a Japanese company first and see if you cant stand it first.
Whenever we feel abit down from all the negative news in the world. We can always turn to the Indian media to hear their optimism about overtaking China. It's always great entertainment.


Shamika says that the average Chinese are only have 1.5x better quality of life than Indians. She also says that only 35% of the Chinese economy is private consumption, while it's 70% for the Indian economy. I dunno where she gets these numbers, but I think she assumes that quality of life is measured by the amount of money an individual spends. So in China, when a person pays less to live a very decent life, it still counts as lower quality of life. But in India, when someone spends most of his paycheck on basic needs, then it's counted as a higher quality of life.

Then Shamika cites that freedom of expression and democracy makes India a superior modern economy than China. Indians can express their views and get involved in shaping the destiny of their nation. Good. Because the question shouldn't be when does India surpass China. India have already has. We should celebrate that. Jai Hind!
I think I said this before but despite boasts of low cost of living, its not actually that cheap to live in India given your salary/income isn't exactly high either. This is way more apparent if you move to the big cities where the cost of everything esp rent goes up but your salary on average isn't much better. Even more so if you want to use foreign goods.
 

Chevalier

Captain
Registered Member
The period of "positive sentiments" you refer to is just basically when they want cheap labor. That meant the managerial class were non-Chinese and reaping most of the profits. Even while they utilized the cheap labor to make profit, they would look down on the Chinese as mindless drones, human robots, or any of a variety of other dehumanizing caricatures. Basically they liked having de facto slaves (or near slaves) and would have been happy to continue such an arrangement. That was why they objected and reacted so strongly to China moving up the value chain instead of being content to be servile sweatshop laborers.
I suggest they be given that feudal system they so ardently want, with themselves as the serfs and Chinese as the overlords.


for all their militarism and jingoism, the trump admin will sacrifice servicemen to save their own hides, it’s the Iran contra thing all over again with Oliver north
 

henrik

Senior Member
Registered Member
I remember I saw a post on some Hong Kong forum out of boredom a while back. They were talking about working for a Hong Kong Branch of a Japanese Bank. I think it was Mizuho but it doesn't matter since they all act similar.

Your average person would think. Wow that must be great! Largest Japan bank in Hong Kong financial center? Must by good right? Yet on the forum I learnt it sucks major ass. Like the branch wasn't very profitable so the higher ups don't give it priority. In addition the country heads were all old Japanese farts who couldn't even speak English or Chinese and know nothing about the markets yet made all the decisions. When you do emails, you pretty much have to do them all in Japanese. The locals staff got shit pay and were treated as third class citizens. Basically its probably a nice version of what life was like working under the Japanese during the first half of the 20th century. I think for any weeb who still dreams on working in Japan, maybe you should try working for your local branch of a Japanese company first and see if you cant stand it first.

I think I said this before but despite boasts of low cost of living, its not actually that cheap to live in India given your salary/income isn't exactly high either. This is way more apparent if you move to the big cities where the cost of everything esp rent goes up but your salary on average isn't much better. Even more so if you want to use foreign goods.

Why don't they just work for Chinese or local Hong Kong financial banks? Just boycott these Japanese companies so that they don't have the chance to make money in a Chinese financial center.
 
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