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China is a basket case....

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  1. #251

  2. #252

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    https://twitter.com/kevinkfya...93124576473088

    https://twitter.com/kevinkfya...93127269208064

    Again, the reality is that all you then get are platitudes about China is still developing, it knows it needs to get better, people need to give China time to change. But PRC officialdom has been saying things like this for decades in without anything changing. (6)

    Nonetheless, because the lines in (2) and (3) above sound so nuanced and reasonable, it can be easily accepted by sections of the unwitting public and even elites. The United Front knows this, and I have seen them peddle these kinds of lines in #HongKong over the years. (7)


    Good thread from Kevin Yam why apologists and practitioners of self-censorship may be well-meaning but wrong. In short, decades of this approach has not worked. Free speech, civil society and other concerns affecting the welfare of the Chinese people have gone backwards, not forwards.

    Who doesn’t want to be reasonable? The CCP has taken advantage of people wanting to be fair for years.

  3. #253

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  6. #256

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    Quote Originally Posted by Coolboy:


    Or maybe many companies were moving out of (or had plans to move out of) China even before the trade war. The war was a good convenient excuse, exacerbating a preexisting trend.
    "Spot on". The supply chain constantly shifts in the direction of higher geo efficiency, which in the largest part (in many industries) is determined by the labor cost. China labor cost started to become prohibitive a few years ago already
    Coolboy likes this.

  7. #257

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    Quote Originally Posted by sv336:
    "Spot on". The supply chain constantly shifts in the direction of higher geo efficiency, which in the largest part (in many industries) is determined by the labor cost. China labor cost started to become prohibitive a few years ago already
    Diamond polishing moved out 10 years ago due to labour costs. Labour costs was the reason to enter China but it is only a factor for leaving.

    Low cost automation is a bigger threat than labour costs rising and political risk is an even bigger risk.
    Last edited by East_coast; 27-02-2020 at 12:28 AM.

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