Western media clearly. And the fact that i have to get a new laptoo every time i travel
Second reason is a joke, first one probably not.
Western media clearly. And the fact that i have to get a new laptoo every time i travel
Second reason is a joke, first one probably not.
American media is usually crap. I find the Brits have a much better press. BBC, the Economist, FT are all much more nuanced than the crap we have here.
I try to read ft but rarely. Us media is sure crap, but i dont know man. Look at us markets vs chinese after trade wars things. Big slump. It doesnt sound economically stable, how can it be politically stable?
As for povert vs not, i am curious about statistica on that. Like median income vs cost of life.
If we were in 2008 and Wall St was in free fall youâd say US was unstable back then?
Most Chinese donât own stocks. They see it mostly as gambling. Property market is by far their most important investment. Stock market crashing has next to zero political consequence for the CCP.
I was in the us briefly in 2009, it was free fall, but i was student. I was surprised how fast it recovered. Would bet on another fast recovery next time too.
Most americans dont own stocks either. But companies are employers, right? It will have a fall out.
Is inflation in china really 2%? Sounded ridiculously low.
Rentâs weight in Chinaâs CPI is too low. Food for some reason is too high. But then China is a huge country with much more variability than the US. People living in big cities like Beijing definitely feel higher inflation than 2%.
Also thanks for the discussion, nice to see an americanized chineseâs opinion.
Sure. I am one foot here and one foot there. So I am seen as an outsider from both sides.
Does china somehow fix prices of certain goods? Through subsidies or something? Us fixes the food cost somewhat with subsidies on corn etc. I assume similar story in china too.
China is weird. Take petrol for example. The big producers are all state owned but they are also listed companies. They are supposed to max profit but at the same time the state has a hand in setting prices for âsocial stabilityâ. Thatâs actually one of the Westâs complaints. Itâs very unclear where the state ends and private enterprise begins.
I actually donât think thereâs a lot of subsidies for everyday consumers. Government spend tons of resources popping up inefficient stated owned firms because they dont want them to fire people. But these firms are not selling their goods for cheap because they are shitty and inefficient.
Complicated.
That was 20 years ago. Now they are much more capitalistic and efficient.
Even if it is serious, I stay away from shorting (even profitable) and margin. This is my own policy.Selling itself considered like shorting, that I did.
Very naive commentary.
Just read this comment.
Planted
A country with little political trust wont do good, and that is why us is thriving and china has been wonky.
US propaganda
Prove me wrong.
Thought manch explained. The commentator is attempting to dissuade Google from working with Chinese companies.
Is inflation in china really 2%? Sounded ridiculously low.
Same as here
Itâs not crazy if someone weighs safety vs freedom and say living in China is not all that bad. Thus many Chinese students returning to China.
Political freedom is not that highly valued even in Singapore. Only the Americanized ones are concerned. The silent majority care less and continue to vote in PAP so long they see delivered benefits e.g. HDB upgrading, much improved neighborhood landscaping, very safe neighborhoods⌠Ordinary citizens have no need for political freedom, just want personal safety and their loved ones are safe, jobs, a house, a good education
All you need is rule of law, clear property rights and a capitalistic system. Look at Singapore and Hong Kong.