316 karma · joined February 23, 2020
And yes, shipping companies can still make normal profit on these.
From this standpoint, your example isn't nearly the cheapest it can get. Sellers regularly offer entirely free ones in exchange for reviews.
However this report has shone new light on the case, apparently he wasn't arrested for the alledged extortion, but for that sensitive geopolitical incident. Li should feel lucky that this key info wasn't exposed back then, otherwise he would certainly have lost all public support.
Chinese apps are left unchecked as long as they are loyal to the regime, but international companies would be held accountable back home for their actions in China, in an inevitable race to the bottom, this is competitive disadvantage and outsiders are doomed to fail.
Their old product QQ has it, the reason they didn't do it on WeChat, I think it's because they have no other choice since:
-They have to make WeChat "presentable" internationally, they means they can't appear to store it since they are beholden to China.
-They need to convey a message that they aren't watching you, but in reality their system needs to be monitored by Chinese police real time[1], since that rules out the option of E2E encryption, the only way is at least appear to be hands off.
[1]https://advox.globalvoices.org/2017/12/27/dont-call-xi-the-b...
Many of them can be fake, but it's the way infos flow, because can you trust their official reports? The world was told that this virus doesn't transmit between humans.
Maybe in the west, but not the case in China, food is relatively expensive, so very little is wasted, even poisonous rice can find snack factory buyers. Restaurant waste is colleted by small pig farms.
Compounding the matter is the party bureaucracy effectively killed most small farms since villages were completed sealed off, chickens weren't allowed to be sold (or killed in fear of bird flu) and feeds can't be sent in.
The pork shortage drove the chicken market to overheat last year and just right when they were suffering from oversupply during the winter this virus hit. Double whammy.
Economies couldn't wait for the cure, and vaccines mostly likely won't last long.
And it's not that exotic meats are all delicious so people prize them, what flavor do shark fins/cubilose have? It's the supposed power they got.
Remember that girl who paid 6.5 million dollars to get into Stanford last year? Her dad's listed company sells billions of dollars of TCM every year that claims to cure thrombus because the ingredients used (earthworm, scorpion and leech) are adept at digging things. Yes TCMs don't need to go through any FDA-like process or trial to prove anything, coz it's national treasure.
Pangolin meat and scales are prized in TCM coz you know, it dig rocks.
Think about it as your home wifi, it's essentially the same, how do you increase its capacity?
If the industry doesn't have to factor in ROI, then your argument is valid, but it's a business.
There are anecdotes about communitiy cases listed on community notices but not reported in official data.