nomay

Then thay are better off doing it their own currency, so they don‘t even have to pay back.

The reality is someone have pay for those beautiful infrastructure, not going to be the incumbents due to political arrangment, then it’s the vulnerable newcomers shouldering all of it. Just think about those terrifying condo prices.

I think it’s not just foreigers with unfavorable origins, in their speaking of ideology/regime/path confidence, anyone not subscribing and contributing to the greater good, foreigners or not, are not welcomed and supposed to stay and share the pie.

The regime has trumpeted the superiority of their political and governing system since the second month of covid-19, in stark contrast to the decadent and degenerate west, daily news started with data of how many more thousands died in the US.

That’s a good 2 whole years on a roll, no matter how illogical it seemed, it worked.

Until spring 2022, from where it lost control.

The CCP way is making you do thing out of your own volition so that they can always be the nice guy, they never banned US companies, they just made them extremely uncomfortable to operate so they quit themselves.

You just explained the businness model of banking.

Wouldn't that be much more convenient to just use those passenger planes?

Amazon sellers are actually researching the market and designing new products, which can't be said about domestic Chinese brands and sellers that are mired in cutthroat price dogfights.

The profits maybe not be that big, but big enough to drive a skeleton team, make a small fortune. One item with $500 a day in revenue can let you make more money than a typical coder.

Baba workers are not underpaid, they are the main property speculators.

From the party's view, although e-commerce helped in driving down consumer prices despite sky-high inequality and property speculation (much to the party's plan and advantage), he should remain manageble and of use.

The principle is simple for any entity (and a wild west capitalism stint too), when the party need you, you give them your best, and when they don't, according to their grand plan, you must sacrifice without a word.

Nothing is more important than the safety of the party and the ruling class.

The authorities actively hunt down those who do it

The property market is way over-priced during the fast and furious two-decades quest to blow a credit tsunami.

Now that the credit tsunami looks to inexorablly ebb under its own weight, a looming population implosion, the party will have to prevent a collective cashing-out from the speculators they once rolled out the red carpet for. esp. in the form of offshore currency.

By trapping them in, to keep people from panic dumping.

COVID measures made WeChat a must have for anyone except toddlers, since you need to show your green COVID qr code to enter public spaces, and almost any Chinese had done one if not daily obligatory mass testing, in which various WeChat applets are required.

You can live perfectly fine without it before, buy you simply can't legally live in China without a working, updated and ready-to-open WeChat now, since last year.

The CCP also did their whole national census on a WeChat applet, it's the defacto governing tool.

You are shut out, and with the latest CCP censorship measures you are forbidden to creat accounts "web-wide".

So I guess you should just keep your mouth shut other than harmonious online activities to avoid that doomsday situation, like me, I never use WeChat or Weibo to do anything other than keeping in basic touch, since you don't know which mundane word would become sensitive, trigger the censors and get you banned, there's no appeal.

The Android Wechat app came bundled with a years-old fork of webview, coz the Android scene is a total mess, various vendors not only never update their system apps, but actually substitute it with their custom versions, this made it unusable and a “Chinese Webview” necessary, so wechat got one, all of Tencent's services use it plus plenty of third party apps, since almost every Android 5+ phone has the latest WeChat and their WebView fork.

So this situation almost made their platform mentality an inevitabily, now they only need to define a set of principles for then to be a mobile OS.

I'd say their applet thing can do 99% of the things a standalone app could, but the development speed , reach and functionality you can get is unmatched, best of all, it's the one true unified cross platform OS: on Android, iOS and Windows, but Chinese market only.

So it's not a super app, it's a mobile OS.

I'd assume they included a cheap rudimentary cell antenna on the back side.

In China it's directly tied to you eligibility to nearly all local civil services, since something like 60% of the condo price goes to local government in the form of land sales (70 years rental actually) plus taxes, not to mention the mortgage rate from predominantly state-owned banks doubles that price again.

It's state-owned condo cartel, naturally, prices just keep skyrocketing, hence the "6 wallets for a down payment (the couple and their parents)" meme, but they'll just blame the greedy capitalist developers like Evergrande.

So combining the two factors, buying at least one condo is a prerequisite for marriage now.

Don't know what it's like in Korea, but in China, it's pretty common to have pension higher than local average salary if you were in the state job system, which is absolutely huge. This is due to the polical power dynamic.

Many provinces are barely scraping by, young workers are not only effectively directly supporting pensioners, they are now delaying young workers retirement age, and you better not believe the old folks will willing to eat into their own money.

I don't think it's the case, old folks will outvote the young, same as the property speculators are doing.

Paypal charges the seller $8 fee for every dispute, $16 if the dispute rate higher than 1.5%.

And $2500 dispute fee for each order deemed against their Acceptable Use Policy.

>Musk also said at the Miami event that he was open to the idea of Twitter transforming into something in the west akin to WeChat, the all-encompassing “superapp” in China that allows users to shop, text and post to social media all within one app.

>“Such an app would be really useful [in the west],” Musk said, adding that he was not sure whether Twitter should become this superapp, or whether it should be built from scratch. But he was certain about one thing: “This thing needs to exist.”

The Chinese jail system is as corrupt as you can think, since many connected people would like to take advantage of their connections and noboby wants to deny them.

An inmate's death sentence can be commuted to as less as 12 years after this process. https://zh.wikipedia.org/wiki/%E5%AD%99%E5%B0%8F%E6%9E%9C

Yes it is, the name is a stereotypical western name, which alone is preferred choice for Chinese brands hoping for the most hype and recognition, and the phrase Moore's law is pretty wellknown in China for geopolitial reasons, tho most of the people don't know and don't care about it's backstory.

If laptops came with non-Windows OSes are cheaper, I think it will have its market share. In some markets, people just don't consider paying for Windows a thing.

Every Chinese would extol their low broadband prices, like 100 RMB for 300 to 500 mbps, but what they didn't care is that the prices for businesses are startlingly high, so you have to pay to get blocky 1080p or even 720p online videos, the 300 to 500 mbps you got is merely a number when you aren't torrenting.

That's what nationalization looks like, beautiful from the outside, good luck inside of it.

Don't be too harsh to your local Chinese deliverymen, they make 1 RMB per package dreaming of buying those multimillion RMB a piece socialist condos.

>nationalizing things that are a drain

Oh don't worry about that, Chinese banks have been making risk-free money for decades, propped up its stratospheric property bubble and almost exclusively lend to SOEs (these SOEs then mark up it and re-lend or bulk-buy condo towers, shadowbanking at its finest) and avoid the private sector, probably no banks elsewhere are more of a leech than them.

SOEs themselves are ruthless leeches.

Anything requiring advanced cooperation, especially from the gov, is doomed to fail in China, the system has no check and balance, anyone is looking to monetize their authority, the stock market literally was set up coz SOEs needed to offload their junk assets, it was not meant to be seriously policed from the very start.

I think what you discribed is already happening on Douyin (the China version), on which the initial novelty had long worn off, people no longer just/or largely post for fun.

It's all about monetization now, any view is meant to generate profit, every poster is peddling something, like the Instagram accounts you described, there are endless regurgitating of news events, movie and TV show digests.

There are content factories searching for beautiful faces to appear in their merchandise tiktoks, but only the face part (kind of a remote job?), not the voice and acutal body, those will be produced in their assemly lines and match with your face.

Maybe western users are accustomed to higher standard videos, but the late stage will inevitably come. And the lower the entry barrier, the uglier the scene will become.

I've come to realize that the inherent advantage to the China system is that it can dispose of people at will, it doesn't need to care about your feel and whether you want to be in the loser pack, all in the grand name of the greater good.

That makes it nimble, and powerful, that means the system itself almost always wins, as for the people, well, good luck.

Like join WeChat fan groups? It's called private traffic, taking back control of your fame, and better milk your fans.

One big selling point of these predominantly female streamers is the previledge to add their personal WeChat, what for? Well, it's all about money and exchange.

The red-packet/micro-transaction thing is pretty big in China.