Is China's catch-up growth over? | Hacker News Reader

Is China's catch-up growth over?

noahpinion.substack.com

6 pointsjseliger6 comments

The West already lost

"growth" doesn't mean anything anymore when central banks can endlessly print endless amount of cash, we see the same pattern happen again and gain, the money goes up, and never goes back into the seeds of the society, it's too late, the system of using growth or GDP to tell the value of a country is outdated and proven to be wrong, it's a pure lie

US/EU stagnated, their cities rot, nobody invest in public infrastructures anymore, we don't educate our kids, even what's being built today lost all meaning, it's ugly, soul-less, we no longer build nice things ,it's about what is "cost" efficient, the west is long dead, greed and market doesn't want humankind to evolve, they don't want everyone to be prosperous, screw the future

China eradicated extreme poverty in their country in record time

While the west busy counting money, China sent a robot on the far side of the moon!

They are preparing a base for the moon

They lead fusion energy R&D

They lead stem-cells R&D

We, the west, are worse than animals

@dang, why is there zero effort in minimising misinformation on HN? I am SICK of these CCP shills.

I don't understand your comment? care to explain why do you think that?

I can show some source to help put some weight to my arguments

Here is one of them concerning fusion energy:

Stem cells / gen therapy:

https://pubmed.ncbi.nlm.nih.gov/29284300/

https://pubmed.ncbi.nlm.nih.gov/33937929/

Maybe it's because you chose to pick up a few Chinese achievements and ignore the corresponding Western results?

China put a robot on the moon -> NASA put a helicopter on MARS [1]

China achieved some milestone in nuclear fusion -> so did the National Ignition Facility [2]. And so did the private startups Helion [3] and Commonwealth Fusion Systems [4].

Stem cells/ gen therapy: I got the Moderna shot, which Covid shot did you get?

[1] https://en.wikipedia.org/wiki/Ingenuity_(helicopter)

[2] https://www.nature.com/articles/d41586-021-02338-4

[3] https://world-nuclear-news.org/Articles/Helion-announces-fus...

[4] https://news.mit.edu/2021/MIT-CFS-major-advance-toward-fusio...

I was reacting to OP's article

> China put a robot on the moon -> NASA put a helicopter on MARS [1]

And so did china! the west still haven't put anything on the far side of the moon

> so did the National Ignition Facility

20% weaker than Tokamak

> And so did the private startups Helion

on paper, without any proof, without stating for how long they kept it running

they are seeking for fundings, wich mean they are viable as of today

So the west is now playing catch-up that's nice to hear

It is one of those remind me in ten years. But no, China will continue to grow at a considerable higher pace than the west until the average Chinese is as productive and wealthy as the average South Korean or Japanese.

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