Usa dominance will end faster than china soon bcos it is on decline mah!
Th next emerging leading power is China mah!
Posted by GoldenHarvest1 > May 9, 2021 4:16 AM | Report Abuse
ccp ain't gonna stand strong forever
as china grows wealthier, the rich elite is also gonna grow more powerful & influential
they're gonna start demanding greater individual freedom & liberty, especially in their business affairs, so their combined collective interests are eventually gonna collide with those of ccp
the two sides are gonna gradually drift further & further apart
jack ma case is a portent of further more complicated conflicts to come, between the individual & the state, with the passing of time
Just revive some very old shipyard what can it really do leh ?? USA need time loh!!
China already anticipated & prepare for this & already went way far ahead mah!
Thats why china need to make use of spratly island reclaimations creating large bases & population with large troops to be prepare for this action USA want to take loh!
Only very recently like the last three decades or so that ccp realised their big mistake & made a change, from contacts & interactions with democratic capitalist countries, which then of course opened the way for the entepreneurial spirit of those businessman-type guys to come to full bloom & drive china upward economically
Surely CCP should claim credit, being the world best progressive economic growth country for past 30 years, and have lifted world record 700m people out of poverty mah!
China knows how to let their people, make use their entreprenurial spirit very much better than the west mah!
Thus get better result loh!
Tributes to the CCP, the world best govt loh!
Posted by MoneyAndHoney > May 11, 2021 8:20 AM | Report Abuse
Only very recently like the last three decades or so that ccp realised their big mistake & made a change, from contacts & interactions with democratic capitalist countries, which then of course opened the way for the entepreneurial spirit of those businessman-type guys to come to full bloom & drive china upward economically
Posted by MoneyAndHoney > May 10, 2021 2:35 PM | Report Abuse
But now of course sly ccp claiming the credit for everything
https://nuggets.lucasamaro.com/worldviews/charlie-munger-on-the-rise-of-china/ Charlie Munger on the rise of China Charlie: The other thing that’s really remarkable. You take the last 30 years of China. They have had real economic growth at a rate for 30 years that no big country has ever had before in the history of the world. And who did that? A bunch of Chinese communists. Now, that is really remarkable. So if you’re studying finance, you’ve got a lot of strange things to account for.
The Chinese story is the damnedest thing that ever happened to a big country in terms of economics. No other big country ever got ahead that fast for that long.
Who would have guessed that a bunch of communist Chinese run by one party would have the best economic record the world has ever seen? Of course it’s extreme. And I think it proves that it doesn’t… We Americans would like to think that our free expression and allowing all kinds of opinion, and all kinds of criticism of the government is totally an essential part of the economy. And what the Chinese have proved is you can have a screamingly successful economy with a fairly controlling government.
All the government has to do is create a lot of [Adam] Smithian capitalism. If you do that, having a sort of a controlling one-party government doesn’t matter. That’s not a fashionable thing to say, but I think it’s true.
Posted by Sslee > May 12, 2021 11:38 AM | Report Abuse
Charlie Munger on the rise of China Charlie: The other thing that’s really remarkable. You take the last 30 years of China. They have had real economic growth at a rate for 30 years that no big country has ever had before in the history of the world. And who did that? A bunch of Chinese communists. Now, that is really remarkable. So if you’re studying finance, you’ve got a lot of strange things to account for.
The Chinese story is the damnedest thing that ever happened to a big country in terms of economics. No other big country ever got ahead that fast for that long.
Who would have guessed that a bunch of communist Chinese run by one party would have the best economic record the world has ever seen? Of course it’s extreme. And I think it proves that it doesn’t… We Americans would like to think that our free expression and allowing all kinds of opinion, and all kinds of criticism of the government is totally an essential part of the economy. And what the Chinese have proved is you can have a screamingly successful economy with a fairly controlling government.
All the government has to do is create a lot of [Adam] Smithian capitalism. If you do that, having a sort of a controlling one-party government doesn’t matter. That’s not a fashionable thing to say, but I think it’s true.
Posted by i3lurker > May 12, 2021 2:55 PM | Report Abuse
////Charlie Munger: Well, it’s natural for people to think their own civilization and their own nation are better than everybody else. But everybody can’t be better than everybody else.////
of course its true sslee punya Dick at 8 inches long is longer and 2 inches diameter is thicker than mine
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockraider
31,556 posts
Posted by stockraider > 2021-05-09 10:43 | Report Abuse
Correctloh...China people are united and are so proud of the country & its kind leaders loh!
For example ; When the west bycott their cottons...they Chinese unitedly boycott the west consumer products back like H&M, Nike and Adidas loh..!!
Posted by qqq3333 > May 9, 2021 1:51 AM | Report Abuse
DreamHunter > May 9, 2021 12:11 AM | Report Abuse
cultures in yunnan, tibet, guangdong, shandong, manchuria, mongolia, xinjiang all so vastly different from one another leh
=============
but all united now under China CCP.