The first time I heard this story from him some years ago I tried not to fall into the conspiracy theory trap, because of assassinations in foreign countries disguised as suicides it's a "classic setup", so I simply decided to watch one of his predictions: keep an eye on Jack Ma.
The result was quite scary, Jack indeed started to fade away, first by suddenly parting from Alibaba, diluting his position, then he stopped showing in international media (which he was relatively active, since he was a reference in china entrepreneurship), and now he vanishes.
Basically these individuals grow with the hand of the CCP on their back, and when it's time to collect they are stripped off and put on tight leash, and at any moment they can easily be muffled.
Why do the major trade blocks ignore these actions? USA, EU...
I still feel it’s a conspiracy theory but Jack Ma is absolutely being targeted. He was beloved by the Chinese media as a motivational speaker as well as a business man, when he started not speaking highly of CCP (which is tantamount to criticizing) I told my wife that in a year he would be vilified by the media, and sure enough here we are at the first stages of that. This might be happening on a case by case basis with those who don’t want to “play ball”, but I don’t believe there is a concerted effort to bring down all billionaires. Reminds me of the rise of the middle class in Europe as they threatened the existing power structure. Sometimes it feels China is going through the same stages of history Europe went through over centuries but at breakneck speed.
It is in fact a conspiracy theory. But a small reminder that conspiracy theory doesn't tell you anything about the truthfulness, e.g. that the Iraq War was based on made-up evidence was a conspiracy theory.
That being said: Your explanation makes more sense to me. It is often enough to anger the wrong person to get a bad treatment (well, even assassination). And looking at history this is exponentiated in dictatorships, where power is concentrated on few ppl, who can act with impunity.
> that the Iraq War was based on made-up evidence was a conspiracy theory.
To be fair though, that never was much of a conspiracy. Maybe in the United States it was but in the rest of the world I don't think people believe the WMD story, rather, we believed the UN weapons inspectors' story.
The word ‘conspiracy’ itself has a legal, original, meaning entirely different from the popular meaning. I find all good discussions involving this clarify what meaning is intended.
I resort to just saying the definition of words, in a sentence, instead of the word itself.
I've told and convinced plenty of anti-vaxxers about the magical secret way our body naturally produces antibodies if we expose our body to dead versions of a virus (or, now, things shaped like that virus). They like magic, secrets and nature, they do not like the word vaccine.
I do the same with the word conspiracy, "That is a secret plan by a group to do something harmful". It rolls off the tongue.
> It is in fact a conspiracy theory. But a small reminder that conspiracy theory doesn't tell you anything about the truthfulness, e.g. that the Iraq War was based on made-up evidence was a conspiracy theory.
I think that's interpreting the term "conspiracy theory" more broadly than it's typically used. IMHO, colloquially it pretty much only refers to outlandish theories, based little to no actual evidence, and usually requiring a conspiracy so impossibly large and impossibly well executed that it beggars belief.
I don't think the idea that Jack Ma is being targeted by the CCP is just a plausible theory, not a conspiracy theory (in the colloquial sense). You have a group with the motive, means, and MO to do so, you just need to find the proof.
> I don't think the idea that Jack Ma is being targeted by the CCP is just a plausible theory, not a conspiracy theory (in the colloquial sense). You have a group with the motive, means, and MO to do so, you just need to find the proof.
Which is the definition of a conspiracy theory. Words have meaning and this is a technical term; and altho it is common knowledge that it is being used as a smear word, this doesn't mean we have to play the same game here as well.
There is also no reason to pretend that the colloquial usage of conspiracy theory is more than opinion.
Your post reminded me of my recent encounter with the phrase "damning with faint praise". It is interesting how applicable it is in authoritarian governments; you can't simply praise, you must give enthusiastic encomiums. That is particularly interesting in business, where it may be obvious to business leaders that something is wrong, but anything lackluster brings about government condemnation, which is part of the problem the business people can see. Startup founders are usually sharp, rebellious individuals trying to upend current business practices, so the condemnations damper the business spirit to some degree.
The worst possible condemnation of a powerful national government: to compare its normal everyday functioning to a corporate product launch. Orwell was too optimistic.
Keyboard design aside (which was fixed a year ago, and wasn't a poor production standards/cheap materials, etc. issue, it was a BS make-it-thinner-design issue), you mean the best built laptops in the industry, or the CPUs, battery, etc. with universal praise (M1)?
Accurate, with an asterisk (i.e. technically true, but intentionally misleading), which results in headlines like "No, the new Arm MacBook Air is not faster than 98% of PC laptops" when they are "audited".
Well that is the new / recent Apple. Steve rarely use these technical benchmarks with specific numbers and only talk about the experience or it is being faster, better.
Now it is just a more polished event Keynote which felt the same as Google event in that they were prepared by tech people for tech people.
That's why I don't buy the "gross revenue" argument, or the "actually the rich pay more of their income in taxes" arguments.
The rich and big corporations have billions (pun intended) of ways of padding their expenses, hiding their net, moving their wealth around so it can't be taxes, making shell companies etc.
IF those are all legal actions, you do not know how taxes work (knowing how an internal combustion engine works generally does not mean you understand valve timing formulae) Your anger is misplaced, and should fall at the feet of lawmakers.
> Sometimes it feels China is going through the same stages of history Europe went through over centuries but at breakneck speed.
And you feel it right. This is what is the explanation for the schizophrenic public position of the Chinese establishment: on one hand they shout out loud that "economic liberalisation is irreversible, opening up will go on," and on other keep tightening all legal, and extralegal nuts on private enterprise, and in overall sliding back into the madness of seventies.
They have accepted the fact of millionaire chicken run to the West being unstoppable, but they at least want to prevent the multimillionaire, and billionaire chicken run.
They simply want their money that much, and that started to outweight the rational interest of "not slaughtering a hen laying golden eggs" in recent 2-3 years.
“Sometimes it feels China is going through the same stages of history Europe went through over centuries but at breakneck speed.”
A dangerously ethnocentric perspective.
No one knows what happened to him, in my opinion I doubt they killed him simply because he was in China. What's the point of killing him there? They can simply remove him from the picture.
Although i think it will reflect poorly on CCP to secretly make Jack go missing, who is actually a world famous personality at this point. One should also remember that anything is possible in a totalitarian regime.
You live in the time where there's massive outrage for one week, but the next week that's the subject of the past that lost hype and momentum so it's forgotten.
I think the CCP knows this, hell even political leaders of the free world know this - no one resigns due to scandals anymore. They just sit tight, don't acknowledge it, and it blows over.
Didn't stop Putin from stomping Khodorkovsky. Who worries or thinks about him (khodorkovsky) now? Meanwhile Putin is still there, more powerful than ever.
Making a man like Jack Ma disappear and possibly dead sends a message that no matter how rich and famous you are, don't fuck with the CCP. That's how it will reflect. Poorly, and fearsomely.
I genuinely have no idea how these articles are making this claim. They say that "reports surfaced" making the claim, but the only source they show making any claim is the Financial Times saying he did not attend a TV show taping in November.
Are people that normally see him also reporting him missing? Or other events he had to cancel lately?
I remember when the actress Fan Bing Bing went “missing” and now she’s back in the spotlight.
Or when the media reported Dr. Ai Fen (one of the first to identify COVID-19) was “missing,” but less than a week later she posting on Weibo and back at work.
Once Jack Ma is found, I wonder who will be the next person the media claims is missing?
Wuhan citizen journalists Chen Qiushi and Fang Bin are still missing almost a year after disappearing, but they were regular people with less international media scrutiny.
According to the experience, he was most likely invited to 'having tea'.
The idea is prevent him from fled, or moving his money aboard, or retaliate through medias.
PS: Even criminal businessmen lives in separate jails which conditions are extraordinary compared to other crimes. Let alone Jack Ma is not a criminal at all.
The major trade blocks ignore these actions because they profit from it. Once they won’t, we will see “democracy values” based moral statements and arguments.
But does it make sense in the long term? I don't see it honestly... it's not just democracy values, it ranges from that to things like hacking/IP theft.
It's a massive loss.
Also, if we're at the point where "democracy values" are stumped by short term profits then maybe we deserve all of this.
What can the trade blocks do? Sanctions would be tantamount to what was seen at the start of the pandemic. Basically cutting your local economy off from the world’s manufacturing. War would be even more extreme.
There’s 1.3 billion Chinese. Their government is capable of being infinitely more organized and long thinking than just about all the others.
Maybe a world war could curb the inevitable sans nuclear weapons. With nuclear weapons...
Perhaps if the smaller trade blocs all rejected vehemently China along with the major it’d be a stronger position. Say in reaction to such actions. The large trade parties could help this by investing with infrastructure and other such programs in those countries.
Possibly hoping for the Chinese people to change their form of government from within is the “nicest” option.
Basically, you've got to reproduce the factors within China making them such strong trading partners outside of them in a way they cannot diminish unilaterally. This could be done with political will or reproduction of their capacity.
Personally, I wonder whether a UBI in a developed country could work to essentially lower their external 'trading costs'. Try to change their thought processes at the margin. i.e. Make the local goods and services out compete the foreign goods/services through moving local costs not observed in foreign goods/services to localized costs. i.e. Maybe a person making a UBI would be willing to do a job for (X+U) - where (X+U) is their reservation price, X is the foreign price, and U the UBI.
The long thinking aspect of the Chinese government is Chinese propaganda.
You see them announcing long term goals and going on giant infrastructure projects, which go on to be under used, poorly built e&.
China has serious structural issues that the CCP is trying to hide. Massive food, drug and alcohol fraud hurting people (fake alcohol is a HUGE issue). Riots, mass stabbings/attacks, economic slowdown/hardship. All of which the CCP covers up because foreign media can't easily penetrate, and the CCP control the domestic media/narrative.
China is a house of lies, they're essentially trying to fake it until they make it.
“massive” is somewhat ambiguous and common Chinese citizens would disagree with you that they have “massive” attacks and riots every few days. Fake alcohol WAS an issue that people talked about years ago but it’s rarely heard nowadays.
China is definitely facing some fundamental issues now - #1 being their aging population. Their demographic profile is a major drag on growth and will only get worse over the next few decades.
When you have an aging population, the young need to take care of them, and when the old outnumber the young that tends to result in angst as the young are not as well off as those who came before them.
I agree with you about the overblown aspect of long term thinking... but I dont think you can fully discount it. Like it or not, a long term leader does have the benefit of seeing through long term ideas to the fullest. There is a lot of value in that, however that doesn't mean I'm fully convinced that winnie the pooh over there knows a good long term investment even if it threw honey in his face. A lot of their foreign infrastructure investments have been... either great genius we cant comprehend or they're complete idiots. There could be background plays that we'll never know about that actually do make them good maneuvers. As they stand, er, as they crumble from lack of use and maintenance, they dont seem good on the surface.
Now, the long term taking stake in foreign entities, that one... that seems smart on the surface. As to what end, dont know and without a long form of discussion isnt practical to talk about here.
House of lies... eh, barn full of horseshit if you ask me... but even horseshit has its uses... and flies. So many fucking flies. I hate horses.
That and dude yea, the mass stabbings are insane over there.
> What can the trade blocks do? Sanctions would be tantamount to what was seen at the start of the pandemic.
What happened to never again? Or was it really "never again, unless we don't want to offend our authoritarian overloads, because god forbid we do something that offends them".
EU and US should absolutely sanction China, and hard. Potential negative economic impacts is no excuse for continuing relations with China.
Philosophically, I agree with you. Pragmatically, I cant. Could be the one brilliant or accidental play that the CCP made, they hold the majority of manufacturing. It's not just about money. The covid lockdowns showed how dependent the world is on chinese manufacturing. Essentially the situation that every "xenophobic" warned about. Generally, it should be more of a centralized vs distributed discussion when it comes to manufacturing sourcing instead of a US vs China argument (or lowercase us, because I think other countries are in the same boat). But one is emotionally charged and gets clicks, and the other is a thoughtful form of discourse no one will ever listen to.
Until the rest of the G20 distributes their goods sources to both internal and other external locales, China won't get a meaningful sanction anytime soon. The average "moral" person may say we should all do the right thing no matter the economic outcome... when push comes to shove, they back off that real quick. You can only calmly walk the high ground if someone bled before you to take that hill.
Your proposed action would put millions of Chinese at extreme risk. "Potential negative economic impacts" isn't some vague reduction of profits, it's the poor having more limited access to what they need to survive.
And not doing this puts billions of people at extreme risk. I have no problem with accepting refugees from China. I have serious problems with continued relations with a country that is currently committing genocide.
If only there was a pacific partnership of many other countries that left China out in the cold. Maybe since its across the pacific it would be considered "trans".
Alas, it was torn up and now china leads the way with SEA and other east asian countries.
> There’s 1.3 billion Chinese. Their government is capable of being infinitely more organized and long thinking than just about all the others.
Those are the people that inhabit the territory. Don't attribute them all to a single party and to the same set of moral values that the party proclaims. One day it can turn out that their government is a joke, as it had happened before with USSR.
Because there is little to no benefit to the EU or USA to challenging the CCP, be it because of their treatment of a few billionaires or millions of Uighers. Unlike the Soviet Union China doesn't represent an existential threat to the USA or EU, largely as a matter of geography. The promotion of human rights, liberal democracy, the rule of law etc. has always been fairly low on the priority list of most western states in actuality and has usually played second fiddle to national interests.
>Unlike the Soviet Union China doesn't represent an existential threat to the USA or EU, largely as a matter of geography.
That is categorically untrue. The model of government and economic success of China is the biggest existential threat to western hegemony, much bigger than the USSR. China is well in the process of building a strong military with greater capabilities than Russia and once this is complete, the world order will undoubtedly change unless something is done about it now.
The only reason we don't see more noise on this is because a lot of people depend on trade with China for their wealth, which was never the case during the cold war with the USSR.
The state department was fully aware of the Chinese threat, hence why the TPP was proposed as a measure of containment. Too bad that play was ruined and replaced with ineffective populist measures that sound good on AM radio and internet forums, but are actually counterproductive in practice.
I don't understand that perspective - large ground armies haven't been relevant to superpower conflicts since pre-Cold War.
Force projection, like the US has been able to do for 30 years, is relevant and when China ramps up in that regard there's no telling how things will change.
IMO China doesn't even need to bother much with military advancement to become a massive threat to Western democracies though, as they can simply continue to build their economic engine and leverage it whenever necessary. They are already doing so to great effect against multinational corporations.
1.The main reason land armies are no longer relevant to superpower conflicts is due to the nuclear peace. This is hopefully a long term situation but if the genie of normalizing nuclear weapons use comes out of the bottle, or if a method of using nukes that are "optimized" for manageable long term damage is developed, I can nearly guarantee you that large powers will again start having conflicts more often. If this happens, big armies will definitely become important again. Smart warfare, drones, guided weapons and all sorts of shiny systems for technologically sophisticated killing are fine as far as they go (especially for small localized police actions) but only large military forces and equipment ultimately allow any one major country to seriously fight another major country.
2. Also, as a quick note to the comment above yours, China is an economic and possibly to some extent resource threat to Russia, but the obvious target of simply overtaking a huge chunk of Russian territory through Siberia (which in purely conventional military terms I think China could easily pull off) wouldn't happen, because Russia despite all its modern systemic weaknesses, crumbling demographics and terrible military administration still has the single largest nuclear arsenal on Earth, which takes us back to point one above.
3. China is a strong power with a vast population that dwarfs that of the U.S and an economy that's getting very close to rivalling it in both sophistication and raw wealth production, but it's also strangely isolated in its power. The U.S on the other hand has strong affinities with much of western and central Europe, several other asian nations with large populations and also a much better relationship with the second most populous country on Earth, right next door to China. Russia would never readily take China's side in a global conflict even if it dislikes the western hegemony and all of these things combined along with others leave china in a state of extreme vulnerability if we were to start talking about a real, serious multinational conflict between it and the U.S.
China's biggest strength is the economic dependence it has created in so much of the world, especially for manufacturing, but if a war were to break out between it and the west, this would in any case become a moot point, removing the one major incentive that any other country not directly next to it would have for trying to stay on China's good side.
Well China is obviously a bigger threat than the USSR now because the USSR hasn't existed for about 30 years. And while China may threaten western, or rather US hegemony it isn't an existential threat to the USA or EU in that China is unlikely to try to invade and / or nuke Western Europe or USA in the same way the USSR did at various points. I'm not saying that China isn't a threat to the USA's position of hegemonic super power but that's a very different claim.
Speculations such as these should be taken with a huge grain of salt. Consider that:
* Jack Ma is himself a CCP member.
* Before regulators stopped Ant's IPO, people were worrying about how Ant is a CCP ploy to take over the world, and a national security threat.
Speculations about China have a tendency to view everything through the "CCP is evil and the only thing that's constantly on their minds is how to kill/jail/invade more" lens. As if all behavior in China is solely attributable to the CCP. This lens distorts things so much that a lot of the time you end up with nonsense.
Have you lived in China? CCP membership means nothing. There are dozens, if not hundreds of government officials and corporate identities in prison (or worse, executed) who were party members.
Global perceptions about Ant Financial are completely irrelevant to Jack Ma. This is all internal politics. Anyone who poses a potential threat to the party (read: Xi Jinping) is liable to disappear (even if only temporarily).
I know. But that's not the point. Not that long ago people were speculating all over the place that Jack Ma's CCP membership means that Ant is a wholly state-controlled company and a national security threat. The 180 degree turn of all the comments, shows that at the end of the day, people don't actually know anything about China, and therefore we should be critical of speculations.
Regardless of Jack Ma's CCP membership, any major firm in China has close ties to the government at every level of the organization (including the officially embedded Chinese Communist Party cell).
The recent Jack Ma + Ant kerfuffle started after he gave a public speech that was mildly critical of the CCP's financial regulation. He probably should have known better given the current political environment in China, but alas.
That leaves us with a conundrum since the dealings of the ruling class in China are almost completely opaque. Speculation is often all we have, so yes of course we need to be judicious in what we believe, but we also need to keep open minds.
Since there are many factions within the upper echelons of the CCP, many of these speculations may not even be contradictory. It's quite plausible that Ant group was planned as a stalking horse for Chinese state infiltration of foreign banking systems, and also that Jack Ma and Ant were seen as conflicting with power groups within the CCP who eventually took them down.
It is far more plausible that people are just deliberately looking for reasons to fit a 'CCP bad' narrative.
X happens: "CCP is bad"
Opposite of X happens: "CCP is bad"
What is this, a children's story? Where is all the nuance? Reality can't be reduced to a simple "X is bad" narrative.
This narrative overshadows the actual issues, and thus produces nonsense. Note that nearly nobody talks about the ACTUAL financial issue, which is that Ant's way of dealing with money is very dangerous and has the potential to cause a financial crisis.
Yes I know the regulator's timing is suspicious. But to completely ignore the actual issue, or to casually brush it away as an illegitimate distraction, and instead to focus 100% on just the 'CCP bad' narrative, is just sensationalism, stereotyping and oversimplification.
You’ve hit on the fundamental problem of intellectual discussion.
It’s impossible to competently discuss entities more sophisticated than oneself, by definition. If one comprehends all the competing and confounding factors involved in the actions of the CCP, for example, then they would at least be as sophisticated as the CCP, by definition.
If not, then sooner or later reality intrudes.
Of course it may be that no human is intelligent enough to actually comprehend all the dynamics within an organization of 100+ million. Therefore no one on this planet, even in China, fully understands all the factions, factors, reasonings, etc., of such an organization. And actions may happen for mysterious reasons because no one fully comprehends all the underlying reasons.
> If one comprehends all the competing and confounding factors involved in the actions of the CCP, for example, then they would at least be as sophisticated as the CCP, by definition.
> Of course it may be that no human is intelligent enough to actually comprehend all the dynamics within an organization of 100+ million.
"The knowledge of some principles easily compensates for the ignorance of some facts", a.k.a. you really don't need to know how shit tastes to keep away from it, you just need to know what it looks like.
What if the ‘shit’ you mention was capable of self organization and self-modification and self-evolution towards goals, and through techniques, that may confound your senses?
In fact this example is a bit humorous because there is a type of fruit called the ‘miracle berry’ that is sold commercially to trick the taste receptors on human tongues, turning sour foods into sweet tasting foods temporarily.
I am sure if it doesn’t already exist one day products will be created to do so for the entire taste spectrum and beyond that all the human senses...
Genuinely beneficial things may be disguised as harmful and vice versa in such an environment. And then we would be back to the original point.
> What if the ‘shit’ you mention was capable of self organization and self-modification and self-evolution towards goals, and through techniques, that may confound your senses?
What if we could see how phenomena draw projections in the fourth dimension and reveal that the same underlying traits of these self-modifying and self-evolving entities? a.k.a. we can play imaginary worlds infinitely deep.
But the bottom-line of the previous comment was that people are conceptually-reasoning beings, and we can build and refine meaningful ideas and abstractions that help us to properly orient ourselves in the world. The proof of that would be the fact that you and I are interacting here on HN, and neither of us comprehends the full complexity of the systems (and relations between them) that provide us this ability.
The disappearance of Jack Ma only confirms that all big Chinese corporations are an extension of the party. You don't follow the party line, you disappear.
>Speculations about China have a tendency to view everything through the "CCP is evil and the only thing that's constantly on their minds is how to kill/jail/invade more" lens.
That's because they are unquestionably, unambiguously evil. The CCP has murdered more people than any organization in the history of the world -- more than the nazis, more than the bolsheviks. But unlike the nazis or bolsheviks, the CCP death count continues to increase every day.
Regardless of the truth of your narrative, viewing EVERY SINGLE ISSUE through the "x is evil" narrative is guaranteed to produce nonsense. We're very close to "a traffic accident occurred? Oh it's because evil CCP forces drivers to run over innocent people"
> Export their governance model to you? No, why would they want to do that?
ever heard of Taiwan, Hong Kong? They are trying hard to keep away from this plague at the moment, if you haven't noticed. But please don't start another thread on how CCP claims their legitimacy over all chinese territories, because that would be indeed a true fairytale for children you mentioned above.
Neither of those cases have got anything to do with CCP wanting to export their governance model or invade foreign countries. This is apparent if you look at the historical context of the issues in those areas.
China isn't in Hong Kong because they're afraid of democracy. Under British rule, Hong Kong never had democracy in the first place. In 2014, CCP offered a limited form free elections for Hong Kong -- that's more democracy than under British Hong Kong. Why would they do that if they want to destroy democracy? The Hong Kong opposition shot down the proposal because they wanted more concessions. Unfortunate, because if it was accepted, it could have paved way for more democratization down the road.
As for Taiwan, the conflict exists because it's a leftover of the Chinese civil war. At the end of WW2, the Chinese Nationalist Party fled to Taiwan -- a part of the [People's Republic of China]'s predecessor, the [Republic of China]. Officially, both Taiwan and China claim to be the legitimate goverment of the whole of China -- this is the One China Principle. Heck, Taiwan' s modern-day flag is the exact same as that of the Republic of China.
Ever heard of Macau? It's democratic, part of China, and is doing fine under One Country Two Systems.
Whether anyone thinks Hong Kong and Taiwan should or should not be independent is besides the point, as well as totally irrelevant. The CCP has issues in those areas because they are, or used to be Chinese terrority. These issues are not new, and have been there since the founding of the People's Republic in 1949, back when the CCP was small and weak and in no position to invade anybody.
But these issues persist because many mainland Chinese people care. Unity is and has been a Chinese core value for thousands of years. The issues don't persist because the CCP is evil and want to destroy democracy. Even if Hong Kong and Taiwan were under a seperate communist rule, the CCP would still have issues with those areas.
The narrative that China is an expansionist invader is based on the twisting of half-truths, for the purpose of painting a "China threat" in order to justify spending more money on the military industrial complex. China has not fought a war or shot a bullet outside its borders for more than 30 years. In fact, if you take out the People's Republic's map, and compare ot to the maps of the last 2 predecessors (the Republic, and the Qing dynasty), you'll see that the People's Republic's map is smaller.
>Under British rule, Hong Kong never had democracy in the first place.
British Hong Kong has elected local council and officials that are given power and budget within their constituency. The small council was disband just after 1997. Hong Kong had far more democracy than it ever had under China.
And China did not do away with the local elections, nor have they plans to do so. The 2014 proposal was to allow more options for electing the Chief Executive.
Local elections also exist on the mainland.
Anyway, this is still irrelevant. The point still stands: the above doesn’t indicate in any way that China is an expansionist invader out to crush democracy.
It's all very interesting. I'd say the CCP is the most powerful group in the world right now. That they can control billionaires like that is impressive and scary.
I have to admit, a one party system does seem like the best type of government, on paper. It can be more efficient and do things much faster than anything else. Billionaires can't just pay politicians to create/modify laws in their favour. And for the average citizen, life's the same as in a democracy.
But that only works if the party is working for the country, gives people a decent amount of freedom and listens to their needs.
When the party no longer keeps the people content (which seems inevitable, looking at history), there's practically no way to change it besides a violent revolution. That's a huge drawback, and the reason we're better off with a slower democratic system that doesn't have a single point of (catastrophic) failure.
Modern China seems to work a lot like Imperial China. Just with different names for the emperor and his officials, more freedom and rights for the population, as well as more means to keep them in check.
It’s a zero or one game for China —- they can make 10000 right decisions but the system could collapse with one, just one wrong decision. It’s not fault tolerant as the democracy system
Which single wrong decision is going to collapse China? Their administration have made wrong decisions before — unless you subscribe to some outlandish conspiracy theory. It seems far more likely that if they collapse, it will be as a consequence of a series of wrong decisions, in a completely boring way. The straw that breaks the camel's back will be the same as all the straws before it, except that everyone will analyse it to death considering the camel could hold thousands of other very similar straws, just not this one.
What I meant is high level strategic decisions. Example like cultural revolution. It’s really a single decision from one dictator and get carried out super efficiently. If you are Chinese, you’ll probably understand what I meant how single decisions could collapse China without even my explanation. China is strange, critical policies like cultural revolution and Deng’s decision to open the country was really very short and succinct words on paper
I was thinking that going after Ma so publicly could be one such decision, however what news is the CCP allowing regular citizens to see - what propaganda they're promoting to demonize Ma, etc. makes me realize it's probably a non-issue; even other billionaires in China may not be much wiser.
The advantage China has is that they can plan over the long term without worrying about short term concerns. This means that they are in a better position to avoid the slide into wrong decisions that compound over time, though by no means immune to it.
If they are so good at long term planning, then why is so much stuff they do shortsighted? IE...
Building the 3 Gorges dam out of various types of concrete, and not letting it cure properly, etc. Every possible corner was cut, repeatedly. This is a project that not only supplies power- it is supposed to control floods, and they more or less agreed that it won't work for that. The damage to the dam this year must have been immense, and as the climate changes we can expect more of the same kind of rainfall and flooding. In no possible universe is a major dam collapse flooding Wuhan under 2m of water and washing away Pudong an example of "short term concerns".
Building empty cities, despite having a population that will decline very soon, and low quality construction that degrades relatively quickly. Ok, short-term consequence is the real estate bubble keeps on going, but if you are worried about the long term, probably better to nip that in the bud. And don't even get me started on the Belt and Road initiative, which is an expensive jobs program that has hurt China's image abroad.
That is the problem with autocracy. If the leadership is good, it is very efficient and effective. Unfortunately based on thousands of years of examples, good leaders are rare. Without checks on power, bad leaders can tear a country down at lightening speed. Democracy is absolutely a messy government and it is frustrating to watch the glacial speed and bickering. It is also a very stable government that checks the worst impulses of the human lust for power. It keeps the power-hungry chasing each other's tails and away from the ship's wheel.
Good leaders don't even have to be rare. They just have to be not forever. Sooner or later you get a bad one. The more power they have, the worse the damage.
The US has had bad presidents. They did damage. But without the checks and balances, they would have done far more.
And we got to watch those checks and balances play out this very weekend. Incredible to watch somone who would happily accept a crown be taken as a fool instead. Our system of governments may not be perfect, but it has certainly avoided a major historical event.
Yeah. I'm rather pleased with how well the US system held up to Trump. It wasn't perfect, and there has been damage, but overall the checks and balances did their job.
Democracy is the worst form of government there is, except for all the others. -- Winston Churchill.
I may be factually wrong, but I hear that Singapore is/was somewhat autocratic. However, the government was competent and honest, avoiding things like nepotism and suchlike. The result of all this is that starting from the mid-20th century, it grew from one of the poorest nations on earth to one of the richest. All this as a small island country that even has to import its own water.
China is basically a giant kleptocracy. My dad is fond of China, but I am hesitant. China is so corrupt that it's hard for good things to come from it. I guess it is slowly industrialising and getting better, but it seems to be labouring under a heavy burden.
I have long been suspicious that the Chinese economy would collapse. My theory is that it produces returns below the cost of capital. That's why we've seen movement in production from places like America to China.
My argument is that you produce wealth by creating returns that are in excess of the cost of capital. You destroy it if it's the reverse. So we could find out that America has actually done the right thing by letting China do the manufacturing.
That's all just my theory, though. I've been thinking like this since the 90's. So far, I've been shown to be resoundingly completely wrong (at least as it appears on the surface. Will I have been proven to be very wrong until I'm proven very right, or is the whole thing just a completely invalid theory on my part).
> That is the problem with autocracy. If the leadership is good, it is very efficient and effective.
It really depends on the demographics. For example, I think you need a more decentralized and federal government when the state is comprised of different nations.
Who and when? If you're going make a grand claim like that, you should supply links so readers can make up their minds for themselves.
HN is full of criticisms of China on any thread that touches even tangentially on China. We don't ban users for that. We ban users who repeatedly break the site guidelines, such as by posting nationalistic flamebait—especially if they do it repeatedly. Those are not at all the same thing.
It's common, of course, for people to make grandiose claims about being banned for their noble views when really it was for their bad behavior.
From my understanding, Jack Ma having these troubles recently because he's filing the Ant Group IPO. Everybody was talking about the stock because everybody believes it would be skyrocketing. Also combined with the fact that the Ant Group is abusing rules under fintech's cover (eg: Banks need to follow regulations on the interest rate but the Ant Group along with other financial companies can get away with it, or they lure graduates to lend money they can't afford to pay back). These caused concern from the government because it has potentially huge impacts on society (most likely reap shit ton of money from people). As the government see it, if they caused such problems it's the government that has to deal with the consequence.
PS: Some information about Guo from the video. According to Vice, He was rich because he was close to high ranking officials, and fled because the Government ally he linked to was under investigation because of accepting bribes [0]. Everybody would know in China, a close relationship comes from bribing at least from those times, and bribing is a crime in most countries especially in the US. It seems to me, he callout corruption issues only because he's out of the game.
> Everybody would know in China, a close relationship comes from bribing at least from those times, and bribing is a crime in most countries
It is a classic tactic in dictatorship: Make sure that for anybody to advance, they need to get their hands dirty (i.e bribes) so that you always have a Damocles sword over their head. It's one way to ensure obedience.
However even in the oversea chinese community he (Guo) is poorly regarded and very dubious. He gained a lot of attention much earlier because of these callouts but later proven not accurate and not different from other controversial figures in order to gain popularity. Their motto is 爆料革命 - 'callout revolution'. Many even major chinese celebrities fall for that.
> Basically these individuals grow with the hand of the CCP on their back, and when it's time to collect they are stripped off and put on tight leash, and at any moment they can easily be muffled.
That's the reason I never got why all the fanfare for Jack Ma. I don't know how much of his success can be attributed to CCP's belssings.
> Why do the major trade blocks ignore these actions? USA, EU...
These people are literally disappearing millions from an ethnic group into concentration camps in a genuine genocide and nobody cares. Why would anyone care about some puppet "billionaire" who gets disappeared for acting up?
As a matter of fact/demonstrable behavior, regardless of the things we would like to be true, most people would value the life of a billionaire business person well above the lives of millions of poor people who don't speak the same as us. This is especially true the higher up in power you go; and since it requires power to do anything about it, the chances of anything being done about it are much greater when it's a billionaire business person than a nation of poor people.
I haven't watched the documentary yet, but exiled billionaire Guo Wengui is a divisive figure and on some topics it's unclear how reliable he is.
Not to say any of his claims are false. In fact, I expect much of his claims against the government of China are true.
But it's just something to watch out for, especially when he talks about things further from his direct experiences.
For what it's worth, he's also close friends conservative media proprietors like former Trump-advisor Steve Bannon (who is articulate, has some interesting and mostly reasonable, well-thought through things to say, but is sometimes divisive).
Guo Wengui is not a reliable source of information on corruption in the CCP. Most of the claims he has made and documents he released could not be verified.
I think it's too bad, had he been less zealous in his crusade against the CCP he could have been a good source on how the CCP handles the upper business class. Now, any plausible observations and experiences are drowned out by partisan nonsense.
China has a much longer history of "re-education" which if I recall correctly started since cultural revolution. There was even something called "Struggle Session" which was only abolished by Deng Xiaoping. Re-education through labor was officially abolished in 2013 but many suspect that it was only renamed because of international spotlight.
I can understand the philosophical strain between founding governmental principals that say
‘everyones work belongs to everyone else’
and then the practical realities of
‘we need productive citizens to increase our wealth because we are starving to death’
The government will always be an elite group with the backing of violence (law/military). Once it becomes compromised, the injustice will cause those with means to flee.
This is a common issue. There are related languages where "billion" doesn't mean the same number, eg shove this (English) into translate and have it show you Swedish or German.
> If CCP want to prosecute Ma, he would be trialed live on CCTV similar to disgraced politburo members
That's not how it works for Chinese billionaires; it would elevate their status to that of CCP heavyweights. When their time comes, billionaires simply vanish:
> That's not how it works for Chinese billionaires; it would elevate their status to that of CCP heavyweights. When their time comes, billionaires simply vanish:
Yes, it's exactly because they don't want to cause a billionaire chicken run, unlike with own party officials, which are humiliated, punished in the most public, and terrible way.
Case in point, Fan Bingbing
Got a tax problem then gone from July 2018 then back at late October 2018.
She's just lay low to avoid extra scrutiny
https://en.m.wikipedia.org/wiki/Fan_Bingbing
To negotiate you must have something.. when you are naked in a cell in some hellhole that is not much.
By now he has no control of any of his companies. He is basically just a body now to be used by PRC as they see fit. Compost? Tear eyed apology? Reformed new face? Whatever he needs to be for them he will be.
Guo Wengui is the main associate / bankroller of Steve Bannon. Behind stuff such as Hunter Biden's laptop, the "scientific" papers that proves that COVID19 is made in a lab, how Trump had the presidential election "stolen" by election fraud.
How ARTE, which is a French/German public service TV station, can have him as a center-piece of their documentary is beyond me.
It seems like this is just an instance of a more general pattern observable in newspaper and TV coverage of a lot of things: given a lack of other sources of information (because of language barriers and lack of free press in this case) and widespread lack of skepticism when it comes to some things (here related to longstanding political issues, propaganda, etc.), journalists will embrace any available source of information without due care. They need the business, and verifying would require actual effort, possibly even investigation. At least I suppose that's how it goes.
That's why I trust very little of what is written about, e.g., North Korea: it doesn't mean that everything that sucks and supposedly happened there is true just because the system there indeed sucks. I think everybody is maybe predisposed to believe whatever they read about a topic they don't know about themselves as long as it fits in their worldview, so journalists get a free pass doing less checking than Wikipedia editors as long as the "news" is believable.
The trillions in Capital Outflows over the last two decades that found its way into real estate all over the west (Vancouver, Toronto, London, NYC, etc) is a good indicator of how the rich feel about their Government in China. Everything you have can disappear in an instant unless you took steps to protect it (move your money out into hard assets). Cross the CPP and there are no second chances.
I do not think that those outflows necessarily indicate problems (they might, but they might not). China for many years had a huge current account surplus, which means that the country exports way more than it imports, so it accumulates dollars (euros, yen, etc.) that it needs to do something with.
Those capital outflows might be panic setups but they may also be prudent diversifications. For example, Japan citizens also went on a buying spree around the world during their 1980s bubble, which did not mean persecution and fear in Tokyo.
If by finished you mean still having double digits of billions of dollars and live a life doing pretty much whatever he wants without actively challenging government regulation. yeah.
Despite the common fantasy here that if someone was not appearing in public in China means they must have 'disappeared', what usually happen is they come out again and then the news pretending this whole episode never happened.
It became so excessive, I remember news calling Kim Jong Un's disappearance and death at least 5 different times in 2020.
>If by finished you mean still having double digits of billions of dollars and live a life doing pretty much whatever he wants without actively challenging government regulation. yeah.
While I agree with you, I also think that the CPP was more than happy to have a lot of assets in foreign country owned by Chinese citizen. It give them a lot of soft power in foreign diplomacy.
Jack Ma had started to mention splitting up his monopoly and became much less vocal overall. One of the drivers of monopoly capitalism appears to have been disciplined slightly.
Funny thing is when you secure "millions" you experience "more money more problems" CCP may operate as the IRS/Kingdom etc on complex grandeur scale. Wise know $$ is used to move away from monetary obligations. If this is the case...China has a huge problem. This happened in US when folks secured land grants and never wished to return to the US colonies. This always brings wars or conflict as the rich elect to tap out with the knowledge of systems... In this case the system(s) fear such knowledge (of the previous rich) will be passed down and spread to the point where government truly has to serve the people.
Guo WenGui, the guy in the video has striked me as an attention seeker after watching multiple of his videos. Constantly showing off his wealth to his viewers (live streaming on yatches, showing them his waitresses and his catered meals). His motives are correct but I wouldn't trust EVERYTHING he says. I would take a lot of things he says with a grain of salt. He's a chinese Alex Jones... He's spread some pretty ridiculous claims, such as saying Biden won't be inagurated come inaguration day that it'll still either be Trump or the Nancy Pelosi.... I've had family members listen to him and they've slowly gone down a rabbit hole full or ridiculous conspiracy theories
TPP was a brutally anti-Chinese trade agreement - it forged privileged trading status with all of China's main rivals and China would only be allowed to join later if they shaped up.
The US opted to drop it and unsuccessfully deal with the Chinese party 1:1 in negotiations. Imagine if a business partner was robbing you, and instead of finding other partners, you tried to negotiate with them. Obviously, they hold all the cards and have no incentive to play along. If anything, they would want to steal more! They would get more leverage!
I don't know if the TPP would have been a silver bullet, but it's hard to imagine the CCP would be this brazen if they were on the outside looking to come in. Remember that actions in Hong Kong and Xi Jinping's lifetime appointment all happened after the TPP was killed. I think they are power grabbing as much as they can now while no one is really holding them to task.
I think even Bernie was against TPP, not just Trump.
The situation could be similar to the idea that you gave unfair terms to a business partner and felt robbed. So you found other business partners and signed the same terms with them, basically to spite/limit the original business partner. But now you are still being robbed, even faster infact, and by multiple people, and no way of recourse, as you just signed that deal!
> I think even Bernie was against TPP, not just Trump.
It didn't do much for US workers, just protected Intellectual Property. TPP means you can't outsource it to China, but you can absolutely outsource it to Malaysia, Vietnam, etc. as long as they respect the IP.
Mixed feelings. It has no real benefit for US workers, but, at the same time, the damage is done and US manufacturing isn't going to magically reappear. Might as well at least try to lock down the IP and force Asia (read: China) to play by the rules.
Except China is able to maintain very favorable trading conditions through currency manipulation. If you can get them to stop doing that, there would be a non-zero amount of jobs that get returned to the US.
I watched Alex Jones on Tim Pool's IRL podcast say that it was a crucial part of "The Great Reset" to clear out the middle-rich -- the people considered wealthy enough to cause trouble but not part-of-the-program so to speak.
I have no idea about The Great Reset but it makes sense for the CCP.
The problem with these conspiracy theory is it stirs up the pre conceived notion that the big evil CCP can kidnap anyone, and people will generally remember it. but when Jack Ma eventually shows up there isn't going to be another story that clears up the conspiracy so people are left with this false idea but based on inaccurate events.
I've seen the west do this countless times with their reporting on China, make up a piece without any evidence, but later when the story is proven false, nothing is said.
I'd take anything Guo Wengui says about the Chinese gov't with a grain of skepticism. Steve Bannon has been running around promoting Guo's story as part of the larger anti-China Trumpist narrative.
the first 50% of the docu is about a billionaire who didn't disappear and the second 50% is about some random billionaire who neither disappeared nor has anything to say about the supposed subject ...
193 comments
[ 3.5 ms ] story [ 215 ms ] threadThe result was quite scary, Jack indeed started to fade away, first by suddenly parting from Alibaba, diluting his position, then he stopped showing in international media (which he was relatively active, since he was a reference in china entrepreneurship), and now he vanishes.
Basically these individuals grow with the hand of the CCP on their back, and when it's time to collect they are stripped off and put on tight leash, and at any moment they can easily be muffled.
Why do the major trade blocks ignore these actions? USA, EU...
Edit: the predictions I'm talking about are from this youtube interview, https://www.youtube.com/watch?v=YtJK_5qDraM , which bare in mind it's still a biased source.
That being said: Your explanation makes more sense to me. It is often enough to anger the wrong person to get a bad treatment (well, even assassination). And looking at history this is exponentiated in dictatorships, where power is concentrated on few ppl, who can act with impunity.
To be fair though, that never was much of a conspiracy. Maybe in the United States it was but in the rest of the world I don't think people believe the WMD story, rather, we believed the UN weapons inspectors' story.
I've told and convinced plenty of anti-vaxxers about the magical secret way our body naturally produces antibodies if we expose our body to dead versions of a virus (or, now, things shaped like that virus). They like magic, secrets and nature, they do not like the word vaccine.
I do the same with the word conspiracy, "That is a secret plan by a group to do something harmful". It rolls off the tongue.
2017: https://www.reuters.com/article/us-china-hongkong-billionair...
2017: https://www.news.com.au/lifestyle/real-life/news-life/scores...
2016: https://money.cnn.com/2016/01/08/investing/china-metersbonwe...
2017: https://www.cbc.ca/news/world/jianhua-canadian-citizen-china...
2016: https://www.bbc.com/news/business-35261090
2013: https://qz.com/116011/the-mystery-of-chinas-missing-milliona...
I think that's interpreting the term "conspiracy theory" more broadly than it's typically used. IMHO, colloquially it pretty much only refers to outlandish theories, based little to no actual evidence, and usually requiring a conspiracy so impossibly large and impossibly well executed that it beggars belief.
I don't think the idea that Jack Ma is being targeted by the CCP is just a plausible theory, not a conspiracy theory (in the colloquial sense). You have a group with the motive, means, and MO to do so, you just need to find the proof.
Which is the definition of a conspiracy theory. Words have meaning and this is a technical term; and altho it is common knowledge that it is being used as a smear word, this doesn't mean we have to play the same game here as well.
There is also no reason to pretend that the colloquial usage of conspiracy theory is more than opinion.
(https://en.wikipedia.org/wiki/Damning_with_faint_praise)
As far as I can see that’s bullshit.
They say what they are measuring, and people do check it.
They’d be open to straight up legal action from both customers and shareholders if they were lying.
Keyboard design aside (which was fixed a year ago, and wasn't a poor production standards/cheap materials, etc. issue, it was a BS make-it-thinner-design issue), you mean the best built laptops in the industry, or the CPUs, battery, etc. with universal praise (M1)?
Not just the best ever, always 3x or 300% better according to fake benchmarks that nobody can audit. It's beyond Marketing, basically propaganda.
So far, every single time, they have been shown to be accurate.
(smallprint) * tested in very specific condition X that does not reflect at all everyday usage of 99.9999% of users.
(The tech media) Apple did it again with 300% perf increase! Mad engineering!
That's just legal department finding a way to make propaganda harder to challenge. It's still propaganda in effect.
They don’t in fact make exaggerations like that, otherwise you’d be able to quote a real one.
The piece with that headline is about the only thing that has been audited and found to be false.
Search for commentary anywhere on that piece and you’ll find it has been completely debunked.
Well that is the new / recent Apple. Steve rarely use these technical benchmarks with specific numbers and only talk about the experience or it is being faster, better.
Now it is just a more polished event Keynote which felt the same as Google event in that they were prepared by tech people for tech people.
Or perhaps they could start with properly taxing them!
99% they report on gross revenue and complain about how little tax is paid. And almost everyone buys it.
That's why I don't buy the "gross revenue" argument, or the "actually the rich pay more of their income in taxes" arguments.
The rich and big corporations have billions (pun intended) of ways of padding their expenses, hiding their net, moving their wealth around so it can't be taxes, making shell companies etc.
Panama Papers is the most unreported, under-investigated scandal of the century
And you feel it right. This is what is the explanation for the schizophrenic public position of the Chinese establishment: on one hand they shout out loud that "economic liberalisation is irreversible, opening up will go on," and on other keep tightening all legal, and extralegal nuts on private enterprise, and in overall sliding back into the madness of seventies.
They have accepted the fact of millionaire chicken run to the West being unstoppable, but they at least want to prevent the multimillionaire, and billionaire chicken run.
They simply want their money that much, and that started to outweight the rational interest of "not slaughtering a hen laying golden eggs" in recent 2-3 years.
No one knows what happened to him, in my opinion I doubt they killed him simply because he was in China. What's the point of killing him there? They can simply remove him from the picture.
Recent article on this [1], because I must admit that for me also this was a tough thing to believe.
[1] https://www.businessinsider.com/alibaba-founder-jack-ma-susp...
You live in the time where there's massive outrage for one week, but the next week that's the subject of the past that lost hype and momentum so it's forgotten.
I think the CCP knows this, hell even political leaders of the free world know this - no one resigns due to scandals anymore. They just sit tight, don't acknowledge it, and it blows over.
Are people that normally see him also reporting him missing? Or other events he had to cancel lately?
Or when the media reported Dr. Ai Fen (one of the first to identify COVID-19) was “missing,” but less than a week later she posting on Weibo and back at work.
Once Jack Ma is found, I wonder who will be the next person the media claims is missing?
The idea is prevent him from fled, or moving his money aboard, or retaliate through medias.
PS: Even criminal businessmen lives in separate jails which conditions are extraordinary compared to other crimes. Let alone Jack Ma is not a criminal at all.
It's a massive loss.
Also, if we're at the point where "democracy values" are stumped by short term profits then maybe we deserve all of this.
I wonder if it's possible to change this and have a 'wise' constituency that is able to do a more long-term prioritization.
There’s 1.3 billion Chinese. Their government is capable of being infinitely more organized and long thinking than just about all the others.
Maybe a world war could curb the inevitable sans nuclear weapons. With nuclear weapons...
Perhaps if the smaller trade blocs all rejected vehemently China along with the major it’d be a stronger position. Say in reaction to such actions. The large trade parties could help this by investing with infrastructure and other such programs in those countries.
Possibly hoping for the Chinese people to change their form of government from within is the “nicest” option.
Personally, I wonder whether a UBI in a developed country could work to essentially lower their external 'trading costs'. Try to change their thought processes at the margin. i.e. Make the local goods and services out compete the foreign goods/services through moving local costs not observed in foreign goods/services to localized costs. i.e. Maybe a person making a UBI would be willing to do a job for (X+U) - where (X+U) is their reservation price, X is the foreign price, and U the UBI.
Edit-flipped signs
You see them announcing long term goals and going on giant infrastructure projects, which go on to be under used, poorly built e&.
China has serious structural issues that the CCP is trying to hide. Massive food, drug and alcohol fraud hurting people (fake alcohol is a HUGE issue). Riots, mass stabbings/attacks, economic slowdown/hardship. All of which the CCP covers up because foreign media can't easily penetrate, and the CCP control the domestic media/narrative.
China is a house of lies, they're essentially trying to fake it until they make it.
My view is based on ex-pats who've shared their experience and did pseudo journalism there.
When you have an aging population, the young need to take care of them, and when the old outnumber the young that tends to result in angst as the young are not as well off as those who came before them.
Now, the long term taking stake in foreign entities, that one... that seems smart on the surface. As to what end, dont know and without a long form of discussion isnt practical to talk about here.
House of lies... eh, barn full of horseshit if you ask me... but even horseshit has its uses... and flies. So many fucking flies. I hate horses.
That and dude yea, the mass stabbings are insane over there.
What happened to never again? Or was it really "never again, unless we don't want to offend our authoritarian overloads, because god forbid we do something that offends them".
EU and US should absolutely sanction China, and hard. Potential negative economic impacts is no excuse for continuing relations with China.
Until the rest of the G20 distributes their goods sources to both internal and other external locales, China won't get a meaningful sanction anytime soon. The average "moral" person may say we should all do the right thing no matter the economic outcome... when push comes to shove, they back off that real quick. You can only calmly walk the high ground if someone bled before you to take that hill.
Your proposed action would put millions of Chinese at extreme risk. "Potential negative economic impacts" isn't some vague reduction of profits, it's the poor having more limited access to what they need to survive.
We have to buck up here, it is now or never.
Alas, it was torn up and now china leads the way with SEA and other east asian countries.
Those are the people that inhabit the territory. Don't attribute them all to a single party and to the same set of moral values that the party proclaims. One day it can turn out that their government is a joke, as it had happened before with USSR.
That is categorically untrue. The model of government and economic success of China is the biggest existential threat to western hegemony, much bigger than the USSR. China is well in the process of building a strong military with greater capabilities than Russia and once this is complete, the world order will undoubtedly change unless something is done about it now.
The only reason we don't see more noise on this is because a lot of people depend on trade with China for their wealth, which was never the case during the cold war with the USSR.
The state department was fully aware of the Chinese threat, hence why the TPP was proposed as a measure of containment. Too bad that play was ruined and replaced with ineffective populist measures that sound good on AM radio and internet forums, but are actually counterproductive in practice.
PRC is nowhere close. It is a threat to Japan, India, Russia, Vietnam etc to US and Europe not so much
Force projection, like the US has been able to do for 30 years, is relevant and when China ramps up in that regard there's no telling how things will change.
IMO China doesn't even need to bother much with military advancement to become a massive threat to Western democracies though, as they can simply continue to build their economic engine and leverage it whenever necessary. They are already doing so to great effect against multinational corporations.
2. Also, as a quick note to the comment above yours, China is an economic and possibly to some extent resource threat to Russia, but the obvious target of simply overtaking a huge chunk of Russian territory through Siberia (which in purely conventional military terms I think China could easily pull off) wouldn't happen, because Russia despite all its modern systemic weaknesses, crumbling demographics and terrible military administration still has the single largest nuclear arsenal on Earth, which takes us back to point one above.
3. China is a strong power with a vast population that dwarfs that of the U.S and an economy that's getting very close to rivalling it in both sophistication and raw wealth production, but it's also strangely isolated in its power. The U.S on the other hand has strong affinities with much of western and central Europe, several other asian nations with large populations and also a much better relationship with the second most populous country on Earth, right next door to China. Russia would never readily take China's side in a global conflict even if it dislikes the western hegemony and all of these things combined along with others leave china in a state of extreme vulnerability if we were to start talking about a real, serious multinational conflict between it and the U.S.
China's biggest strength is the economic dependence it has created in so much of the world, especially for manufacturing, but if a war were to break out between it and the west, this would in any case become a moot point, removing the one major incentive that any other country not directly next to it would have for trying to stay on China's good side.
* Jack Ma is himself a CCP member.
* Before regulators stopped Ant's IPO, people were worrying about how Ant is a CCP ploy to take over the world, and a national security threat.
Speculations about China have a tendency to view everything through the "CCP is evil and the only thing that's constantly on their minds is how to kill/jail/invade more" lens. As if all behavior in China is solely attributable to the CCP. This lens distorts things so much that a lot of the time you end up with nonsense.
Global perceptions about Ant Financial are completely irrelevant to Jack Ma. This is all internal politics. Anyone who poses a potential threat to the party (read: Xi Jinping) is liable to disappear (even if only temporarily).
I know. But that's not the point. Not that long ago people were speculating all over the place that Jack Ma's CCP membership means that Ant is a wholly state-controlled company and a national security threat. The 180 degree turn of all the comments, shows that at the end of the day, people don't actually know anything about China, and therefore we should be critical of speculations.
The recent Jack Ma + Ant kerfuffle started after he gave a public speech that was mildly critical of the CCP's financial regulation. He probably should have known better given the current political environment in China, but alas.
Since there are many factions within the upper echelons of the CCP, many of these speculations may not even be contradictory. It's quite plausible that Ant group was planned as a stalking horse for Chinese state infiltration of foreign banking systems, and also that Jack Ma and Ant were seen as conflicting with power groups within the CCP who eventually took them down.
X happens: "CCP is bad"
Opposite of X happens: "CCP is bad"
What is this, a children's story? Where is all the nuance? Reality can't be reduced to a simple "X is bad" narrative.
This narrative overshadows the actual issues, and thus produces nonsense. Note that nearly nobody talks about the ACTUAL financial issue, which is that Ant's way of dealing with money is very dangerous and has the potential to cause a financial crisis.
Yes I know the regulator's timing is suspicious. But to completely ignore the actual issue, or to casually brush it away as an illegitimate distraction, and instead to focus 100% on just the 'CCP bad' narrative, is just sensationalism, stereotyping and oversimplification.
It’s impossible to competently discuss entities more sophisticated than oneself, by definition. If one comprehends all the competing and confounding factors involved in the actions of the CCP, for example, then they would at least be as sophisticated as the CCP, by definition.
If not, then sooner or later reality intrudes.
Of course it may be that no human is intelligent enough to actually comprehend all the dynamics within an organization of 100+ million. Therefore no one on this planet, even in China, fully understands all the factions, factors, reasonings, etc., of such an organization. And actions may happen for mysterious reasons because no one fully comprehends all the underlying reasons.
> Of course it may be that no human is intelligent enough to actually comprehend all the dynamics within an organization of 100+ million.
"The knowledge of some principles easily compensates for the ignorance of some facts", a.k.a. you really don't need to know how shit tastes to keep away from it, you just need to know what it looks like.
In fact this example is a bit humorous because there is a type of fruit called the ‘miracle berry’ that is sold commercially to trick the taste receptors on human tongues, turning sour foods into sweet tasting foods temporarily.
I am sure if it doesn’t already exist one day products will be created to do so for the entire taste spectrum and beyond that all the human senses...
Genuinely beneficial things may be disguised as harmful and vice versa in such an environment. And then we would be back to the original point.
What if we could see how phenomena draw projections in the fourth dimension and reveal that the same underlying traits of these self-modifying and self-evolving entities? a.k.a. we can play imaginary worlds infinitely deep.
But the bottom-line of the previous comment was that people are conceptually-reasoning beings, and we can build and refine meaningful ideas and abstractions that help us to properly orient ourselves in the world. The proof of that would be the fact that you and I are interacting here on HN, and neither of us comprehends the full complexity of the systems (and relations between them) that provide us this ability.
That's because they are unquestionably, unambiguously evil. The CCP has murdered more people than any organization in the history of the world -- more than the nazis, more than the bolsheviks. But unlike the nazis or bolsheviks, the CCP death count continues to increase every day.
Are they a competitor and do they want to protect their interests? Yes. Export their governance model to you? No, why would they want to do that?
China just signed the RCEP -- an initiative by ASEAN. Clearly their neighbors don't think they're going to invade make everyone their slaves.
ever heard of Taiwan, Hong Kong? They are trying hard to keep away from this plague at the moment, if you haven't noticed. But please don't start another thread on how CCP claims their legitimacy over all chinese territories, because that would be indeed a true fairytale for children you mentioned above.
China isn't in Hong Kong because they're afraid of democracy. Under British rule, Hong Kong never had democracy in the first place. In 2014, CCP offered a limited form free elections for Hong Kong -- that's more democracy than under British Hong Kong. Why would they do that if they want to destroy democracy? The Hong Kong opposition shot down the proposal because they wanted more concessions. Unfortunate, because if it was accepted, it could have paved way for more democratization down the road.
As for Taiwan, the conflict exists because it's a leftover of the Chinese civil war. At the end of WW2, the Chinese Nationalist Party fled to Taiwan -- a part of the [People's Republic of China]'s predecessor, the [Republic of China]. Officially, both Taiwan and China claim to be the legitimate goverment of the whole of China -- this is the One China Principle. Heck, Taiwan' s modern-day flag is the exact same as that of the Republic of China.
Ever heard of Macau? It's democratic, part of China, and is doing fine under One Country Two Systems.
Whether anyone thinks Hong Kong and Taiwan should or should not be independent is besides the point, as well as totally irrelevant. The CCP has issues in those areas because they are, or used to be Chinese terrority. These issues are not new, and have been there since the founding of the People's Republic in 1949, back when the CCP was small and weak and in no position to invade anybody.
But these issues persist because many mainland Chinese people care. Unity is and has been a Chinese core value for thousands of years. The issues don't persist because the CCP is evil and want to destroy democracy. Even if Hong Kong and Taiwan were under a seperate communist rule, the CCP would still have issues with those areas.
The narrative that China is an expansionist invader is based on the twisting of half-truths, for the purpose of painting a "China threat" in order to justify spending more money on the military industrial complex. China has not fought a war or shot a bullet outside its borders for more than 30 years. In fact, if you take out the People's Republic's map, and compare ot to the maps of the last 2 predecessors (the Republic, and the Qing dynasty), you'll see that the People's Republic's map is smaller.
British Hong Kong has elected local council and officials that are given power and budget within their constituency. The small council was disband just after 1997. Hong Kong had far more democracy than it ever had under China.
Local elections also exist on the mainland.
Anyway, this is still irrelevant. The point still stands: the above doesn’t indicate in any way that China is an expansionist invader out to crush democracy.
I'll offer an alternative, although admittedly simplistic lens to understand the actions of the CCP:
To pull their population of 1.4 billion people out of poverty. To which political stability is essential.
I have to admit, a one party system does seem like the best type of government, on paper. It can be more efficient and do things much faster than anything else. Billionaires can't just pay politicians to create/modify laws in their favour. And for the average citizen, life's the same as in a democracy.
But that only works if the party is working for the country, gives people a decent amount of freedom and listens to their needs.
When the party no longer keeps the people content (which seems inevitable, looking at history), there's practically no way to change it besides a violent revolution. That's a huge drawback, and the reason we're better off with a slower democratic system that doesn't have a single point of (catastrophic) failure.
Modern China seems to work a lot like Imperial China. Just with different names for the emperor and his officials, more freedom and rights for the population, as well as more means to keep them in check.
Building the 3 Gorges dam out of various types of concrete, and not letting it cure properly, etc. Every possible corner was cut, repeatedly. This is a project that not only supplies power- it is supposed to control floods, and they more or less agreed that it won't work for that. The damage to the dam this year must have been immense, and as the climate changes we can expect more of the same kind of rainfall and flooding. In no possible universe is a major dam collapse flooding Wuhan under 2m of water and washing away Pudong an example of "short term concerns".
Building empty cities, despite having a population that will decline very soon, and low quality construction that degrades relatively quickly. Ok, short-term consequence is the real estate bubble keeps on going, but if you are worried about the long term, probably better to nip that in the bud. And don't even get me started on the Belt and Road initiative, which is an expensive jobs program that has hurt China's image abroad.
The US has had bad presidents. They did damage. But without the checks and balances, they would have done far more.
I may be factually wrong, but I hear that Singapore is/was somewhat autocratic. However, the government was competent and honest, avoiding things like nepotism and suchlike. The result of all this is that starting from the mid-20th century, it grew from one of the poorest nations on earth to one of the richest. All this as a small island country that even has to import its own water.
China is basically a giant kleptocracy. My dad is fond of China, but I am hesitant. China is so corrupt that it's hard for good things to come from it. I guess it is slowly industrialising and getting better, but it seems to be labouring under a heavy burden.
I have long been suspicious that the Chinese economy would collapse. My theory is that it produces returns below the cost of capital. That's why we've seen movement in production from places like America to China.
My argument is that you produce wealth by creating returns that are in excess of the cost of capital. You destroy it if it's the reverse. So we could find out that America has actually done the right thing by letting China do the manufacturing.
That's all just my theory, though. I've been thinking like this since the 90's. So far, I've been shown to be resoundingly completely wrong (at least as it appears on the surface. Will I have been proven to be very wrong until I'm proven very right, or is the whole thing just a completely invalid theory on my part).
It really depends on the demographics. For example, I think you need a more decentralized and federal government when the state is comprised of different nations.
Careful now ... I know of several people who were banned from HN for being critical of China ...
EDIT: I suspect this post will be gone soon.
HN is full of criticisms of China on any thread that touches even tangentially on China. We don't ban users for that. We ban users who repeatedly break the site guidelines, such as by posting nationalistic flamebait—especially if they do it repeatedly. Those are not at all the same thing.
It's common, of course, for people to make grandiose claims about being banned for their noble views when really it was for their bad behavior.
PS: Some information about Guo from the video. According to Vice, He was rich because he was close to high ranking officials, and fled because the Government ally he linked to was under investigation because of accepting bribes [0]. Everybody would know in China, a close relationship comes from bribing at least from those times, and bribing is a crime in most countries especially in the US. It seems to me, he callout corruption issues only because he's out of the game.
[0] https://youtu.be/LkOsgh5kcgQ?t=92
It is a classic tactic in dictatorship: Make sure that for anybody to advance, they need to get their hands dirty (i.e bribes) so that you always have a Damocles sword over their head. It's one way to ensure obedience.
https://zh.wikipedia.org/wiki/%E7%88%86%E6%96%99%E9%9D%A9%E5...
https://www.nytimes.com/2020/11/20/business/media/steve-bann...
That's the reason I never got why all the fanfare for Jack Ma. I don't know how much of his success can be attributed to CCP's belssings.
These people are literally disappearing millions from an ethnic group into concentration camps in a genuine genocide and nobody cares. Why would anyone care about some puppet "billionaire" who gets disappeared for acting up?
Not to say any of his claims are false. In fact, I expect much of his claims against the government of China are true.
But it's just something to watch out for, especially when he talks about things further from his direct experiences.
For what it's worth, he's also close friends conservative media proprietors like former Trump-advisor Steve Bannon (who is articulate, has some interesting and mostly reasonable, well-thought through things to say, but is sometimes divisive).
I think it's too bad, had he been less zealous in his crusade against the CCP he could have been a good source on how the CCP handles the upper business class. Now, any plausible observations and experiences are drowned out by partisan nonsense.
Dear lord, if I said this to someone 20 years ago, you would think we were back during the ww2 era...
‘everyones work belongs to everyone else’
and then the practical realities of
‘we need productive citizens to increase our wealth because we are starving to death’
The government will always be an elite group with the backing of violence (law/military). Once it becomes compromised, the injustice will cause those with means to flee.
Pretty sure he is just laying low or negotiating with the government right now.
That's not how it works for Chinese billionaires; it would elevate their status to that of CCP heavyweights. When their time comes, billionaires simply vanish:
https://www.nytimes.com/2020/07/18/business/china-xiao-jianh...
https://www.independent.co.uk/news/business/news/china-billi...
Yes, it's exactly because they don't want to cause a billionaire chicken run, unlike with own party officials, which are humiliated, punished in the most public, and terrible way.
By now he has no control of any of his companies. He is basically just a body now to be used by PRC as they see fit. Compost? Tear eyed apology? Reformed new face? Whatever he needs to be for them he will be.
How ARTE, which is a French/German public service TV station, can have him as a center-piece of their documentary is beyond me.
Or just mentioning that he helped bring this activity to light?
These people are not trustworthy at all.
They can be entertaining though.
That's why I trust very little of what is written about, e.g., North Korea: it doesn't mean that everything that sucks and supposedly happened there is true just because the system there indeed sucks. I think everybody is maybe predisposed to believe whatever they read about a topic they don't know about themselves as long as it fits in their worldview, so journalists get a free pass doing less checking than Wikipedia editors as long as the "news" is believable.
China is not exactly North Korea. There are plenty of people who can tell you what is going.
Jack Ma is finished.
Those capital outflows might be panic setups but they may also be prudent diversifications. For example, Japan citizens also went on a buying spree around the world during their 1980s bubble, which did not mean persecution and fear in Tokyo.
Despite the common fantasy here that if someone was not appearing in public in China means they must have 'disappeared', what usually happen is they come out again and then the news pretending this whole episode never happened.
It became so excessive, I remember news calling Kim Jong Un's disappearance and death at least 5 different times in 2020.
History would suggest otherwise...
https://www.nytimes.com/2020/07/18/business/china-xiao-jianh...
I don’t see China backtracking on capitalism.
Also what does Ma have a monopoly on?
Just because a company is big and successful doesn’t mean it has a monopoly.
The US opted to drop it and unsuccessfully deal with the Chinese party 1:1 in negotiations. Imagine if a business partner was robbing you, and instead of finding other partners, you tried to negotiate with them. Obviously, they hold all the cards and have no incentive to play along. If anything, they would want to steal more! They would get more leverage!
I don't know if the TPP would have been a silver bullet, but it's hard to imagine the CCP would be this brazen if they were on the outside looking to come in. Remember that actions in Hong Kong and Xi Jinping's lifetime appointment all happened after the TPP was killed. I think they are power grabbing as much as they can now while no one is really holding them to task.
The situation could be similar to the idea that you gave unfair terms to a business partner and felt robbed. So you found other business partners and signed the same terms with them, basically to spite/limit the original business partner. But now you are still being robbed, even faster infact, and by multiple people, and no way of recourse, as you just signed that deal!
It didn't do much for US workers, just protected Intellectual Property. TPP means you can't outsource it to China, but you can absolutely outsource it to Malaysia, Vietnam, etc. as long as they respect the IP.
Mixed feelings. It has no real benefit for US workers, but, at the same time, the damage is done and US manufacturing isn't going to magically reappear. Might as well at least try to lock down the IP and force Asia (read: China) to play by the rules.
https://www.npr.org/transcripts/950360647
I have no idea about The Great Reset but it makes sense for the CCP.
I've seen the west do this countless times with their reporting on China, make up a piece without any evidence, but later when the story is proven false, nothing is said.
https://foreignpolicy.com/2020/08/26/guo-wengui-chinese-bill...