Now I get it. California is like China. Once people make their money, then they leave for somewhere better.
Xi Vow to Protect Foreign Investors Ramps Up Charm Offensive
Chinese leader Xi Jinping pledged that his nation would do right by foreign investors, underscoring his government’s attempts to assuage worries about the economy and unpredictable policymaking.
Knowledgeable Singaporeans debunking Chamath’s armchair’s view of China economy.
Chamath’s armchair’s view…
https://twitter.com/chamath/status/1674786097141002246
I would bet that the USD remains the anchor currency in the world and that people may soon get exhausted by de-dollarization fear porn.
Chamath is anti-crypto now? Thought he promoted bitcoin not long ago.
AFAIK, bitcoin movement is started on the fear that USD may become worthless in the long run.
Alibaba Group Holding, Tencent Holdings and Meituan are among a handful of tech companies praised by China’s powerful economic planning agency for their roles in supporting the nation’s technological progress and economic growth…
Buy buy buy…
Anti-Xi CCP members manage to chop off one of Xi’s strong man. Not good for US-China trade relation. Qin Gang is pro-friendly with USA, rather than the “wolf” diplomacy.
For those who understand Mandarin 
Song commentator.
Song by original singer, Dao Lang.
Re-sang by a lady.
Surprisingly, a German female politician understood the message of the song.
Perception of @manch vs reality.
I get it… SF is so bad, he has to cope with that by pointing out elsewhere is much worse 
https://twitter.com/AndyBxxx/status/1690563428623257600?s=20
Title didn’t talk about…
…on Monday, Commerce Secretary Gina Raimondo was seeking to mend the fractured relationship between the two nations with a visit to Beijing. Raimondo and Chinese Commerce Minister Wang Wentao agreed to set up a group to “seek solutions on trade and investment issues” following multiple hours of discussions in a sign that Washington is changing its attitude toward China.
Just days before Raimondo’s visit, the Commerce Department had removed 27 Chinese companies from a list which had prevented them from purchasing American technologies.
Xi’s restructuring of China’s economy toward high-tech industries could eventually pull the economy out of the doldrums.
The move is a test of the resilience of China’s hybrid state-capitalist economy that, if successful, could further bolster Beijing’s position that its political-economic model is a viable alternative to liberal democratic capitalism.
Or, the doomsayers may be correct, and China’s economy, its standing in the world, and the relative appeal of its model may be headed for a long, slow decline.
Above analysis is objective compared with extreme biased reporting by WSJ, NYT and WP.
Hong Kongers refuse to accept personal responsibilities. Always looking for scapegoats for their incompetence and problems. SMH.
Degree holders can’t jobs because employers require a Master’s degree.
Apparently, the service industry is not big enough to absorb that many degree holders… too many people realize education can help them get out of poverty, get out of being a farmer… is also an outcome of too successful push for tertiary education, from 8% of the population in 2000 to 64% in 2022…
Singapore 41.6% (born in Singapore, 27%) of population age 25 to 64 has tertiary education
USA 38% (not sure is correct, feel a bit low) has tertiary education.
Conclusion: Far too many degree holders in China.