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China will be the best country in the world the same day fusion reactors will be available. Always in ten years. No matter when you read this.
Depends on how you define “best,” I suppose.
This was a couple of years ago but I think the numbers are still the same: sending a shipping container from Hong Kong to Newark cost about $3000 while sending the same container in the opposite direction cost about $500. This is because we badly want the shit China makes while they don’t want anything we make (the same situation that led Great Britain to force China to accept opium at gunpoint almost two hundred years ago). Sending a container to China is so cheap that for a stretch we were actually filling them with our garbage because it was less expensive to dispose of it there.
Anyone who think this represents economic weakness on China’s part is batshit crazy.
Not entirely true, they love our soy beans and alfalfa… But Chinese junk and cattle feed are both horrible for this world. In fact, you can pack a freighter full of alfalfa and hardly add to its weight.
Containers as cheap home starting points in US is also a function of this dynamic. No need to ship empty ones back to Asia.
The problem isn’t the lack of ability to build new houses, it’s the lack of land that’s in a liveable area, zoned for new development and not already taken. The land doesn’t exist.
Run the gauntlet yeye
“Imminent collapse” is a fairly common theme among modern economies
It’s a built in, central facet:
a common theme song among capitalist economies
An evil authoritarian regime that is committing human rights abuses and does not follow democratic norms … but we’ll do billions of dollars worth of trade with them and base a lot of our industries around trading with them. But they’re still evil.
Are you talking about China or the US?
yes
Yeah that tracks, same with Saudi Arabia and Israel.
Being aware of America’s abuses of power is good. Being contrarian and acting like everything they’ve ever said about China is a lie is bad.
most of what they say about it is a lie though.
Love how the exact same thing is now being said about the US lmao (the collapse part at least), I LOVE the media machine
hahahaha this one is hilarious
FEED THE MACHINE
Open up for trade! Wait no you’re not supposed to benefit, only us!
It is economy
Much like the US, they can simultaneously have an economy that SHOULD collapse, but also be so ingrained in global trade that nobody is actually willing to call them to the carpet.
If China were Greece, they’d probably have gone bankrupt multiple times already.
What exactly does “should” mean in this context? Either it does it it doesn’t, and saying it “should” just sounds like saying reality is wrong for not conforming to your economic theory.
What exactly does “should” mean in this context?
I think the implication is that it’s essentially being prevented from collapse because it’s so ingrained in international trade that if it were to collapse it would hurt you and your allies too much, so you don’t allow it to collapse when it otherwise might.
its communist, but they’ve got billionares
To get terminology out of the way, they are building towards Communism through Socialism, ie an economy where public ownership is the principle aspect of the economy. In other words, large firms and key industries are overwhelmingly publicly owned, so the Bourgeoisie doesn’t have power over the state.
Now that terms are out of the way, you’re correct, China does have billionaires. Even though that number is decreasing in recent years while working class purchasing power and wages are rising, that isn’t enough of an answer as to why they still exist. Billionaires represent a contradiction the CPC must resolve. But how is the best way to go about that? What time scale? The CPC’s role is to gradually resolve contradictions within Socialism in favor of the Proletariat in any inter-class dispute. They have to erase the foundations for billionaires, not the billionaires themselves.
I recommend checking out China Has Billionaires. The important thing to understand is that contradictions exist in all systems, and it is the process of working out these contradictions that provides room for advancement.
Removed by mod
Wow, that’s a speed-blitz of US State Department lines on their geopolitical adversaries, with homophobia sprinkled on top. Each line you casually threw out requires lengthy response, so I will address them with links to comments I’ve written elsewhere and resources I like.
- The June 4th Incident
You mischaracterize it as a general movement for “freedom,” and make it one-sided. The truth is that the protests were originally against Reform and Opening Up, the protestors were Maoists. Later, the US-sponsored student leaders tried to spin it into a pro-liberalism protest, and the student leaders later admitted to trying to provoke bloodshed:
The students keep asking, “What should we do next? What can we accomplish?” I feel so sad, because how can I tell them that what we are actually hoping for is bloodshed, for the moment when the government has no choice but to brazenly butcher the people. Only when the Square is awash with blood will the people of China open their eyes. Only then will they really be united. But how can I explain any of this to my fellow students?
Further still, the character of what happened on June 4th, 1989 is misrepresented, which I elaborate on here. Essentially, the West reports that 10,000 unarmed students were killed on Tian’anmen square despite no evidence beyond one British Diplomat who was confirmed to have left the square before the students left.
What really happened, is that riots broke out in Beijing all over the city, including lynchings of unarmed PLA members, resulting in skirmishes and a total death toll in the hundreds, which is backed up by many, many sources. The West lies because they wanted to take advantage of a real protest to undermine the legitimacy of the CPC. I recommend Another View of Tiananmen. Further, this reading list goes over the protests in far more depth, including the background, events on June 4th, and the Western mythologizing of it.
- Xinjiang
I recommend reading the actual UN Report, as well as China’s response. Claims of genocide specifically all circle back to Adrian Zenz, a member of the State Department propaganda outlet “Victims of Communism.” He has been caught lying and fabricating evidence, is a Christian Nationalist that believes China is the antichrist, and is literally paid to lie about China, distorting and twisting real problems specifically to give them the right propagandistic zeal. I also recommend The Xinjiang Atrocity Propaganda Blitz. Further, this resource list is helpful for looking more in-depth on the subject.
- Grinding their population to dust
Not sure what you mean, here. Living standards have been rapidly rising under the direction of the CPC. I like The Metamorphosis of Yuangudui to show what the Poverty Eradication Campaign accomplished, as a quick example.
- Hong Kong
Hong Kong was a British colony, now they are more integrated with China as they always should have been. The people in Hong Kong enjoy their semi-autonomous status. The protests were western-backed (a pattern you’ll notice) that twisted an organic movement into one used for Western political gain. The protest never reached mass approval, and the status quo is looked upon favorably. I recommend this reading list for more.
All in all, you are extremely quick to accept whatever narrative is presented to you, dash out all nuance, and accept the stance of “everything and everyone is bad.” What does this accomplish? Approval for the status quo. The “neither Washington nor Beijing” crowd invariably serve to legitimize Washington, as equal disapproval ends up surfacing as approval for whichever is the current Hegemon. What option does “picking” nobody leave us with? Our hands tied.
The CPC is by no stretch perfect, but it does play an overall progressive role in the world economy, while the US Empire slaughters millions for profits as it did in Korea, Iraq, Vietnam, Cambodia, and many, many more places. China doesn’t post hundreds of millitary bases around the world to terrorize, the US does. China doesn’t brutally exploit the Global South, the US does. There’s no comparison to be made.
You are pathetic deleting my comment because you have no argument.
Coward.
I didn’t delete your comment, and I made my argument, you’re responding to it. Or, rather, you’re complaining about your comment being removed in a reply to my argument, without addressing my argument.
I’m not a mod nor an admin, how could I remove your comment?
the country is in a socialist mode of production
the party is communist
Its run by the communist party, whose purpose is guiding the country to communism and self dissolution; which has necessitated not skipping over the industrial and consumer revolutions, both of which likely require capitalism, but in any case have been done with capitalism so that path is easier and known, allowing them to benefit from the waste from less competent countries.
Or in other words, they’re the only country in history to execute billionaires, whatever they are is objectively better than the US or EU.
Dialectics?
huh
Dialectics in this context refers to the aspects within the Marxist philosophy of Dialectical Materialism for the analysis of contradictions, and the direction they are resolved in. Billionaires within Socialism are a contradiction, therefore whether the state supports or works towards eliminating the foundations for them is what needs to be analyzed. I answered in another comment more about that.
China is following the playbook of Japan, South Korea, Taiwan and similar countries. The all used window guidance to quickly grow targeted industries, which actually worked very well. All of them are wealthy countries today. However that dependence on how good the window guidance is. They take on a lot of debt to invest and it only works as long as the investment is actually smart. If not the debt increases and that causes massive problems down the line. So it creates a bubble and when it pops it hurts badly. After decades of growth those bubbles probably are nasty.
What no theory does to a mf
What theory?
Political Economy, ie Marxism.
These two aren’t necessarily mutually exclusive.
What is mutually exclusive, though, is reality and China’s “imminent collapse” which has been looming just around the corner for the past 20 years
Idk people are saying the same things about the western markets as they have been for decades. Maybe a significant portion of people are just naturally drawn to crash prophets.
i’m not aware of people saying that about western markets until recently.
Then you are not engaging in economically interested circles.
Pundits have been predicting the economic collapse of the PRC for decades, there’s an entire sub-industry dedicated to “China Watching” that makes good revenue from predicting xyz economic collapse, and it exists because the West wants the PRC to open up its markets for foreigners to plunder freely, rather than the current situation where trade in China is heavily controlled and managed.
How can I cash in on predicting China will totally implode next year trust me bro
USAID gone, money printer in short supply… 😔
This administration has been disastrous for the hard working propagandist
So sad 😔
I promise that China will collapse tomorrow.
It is written.
Agreed. I’m not saying that “collapse is imminent is accurate”, but don’t act like these are mutually exclusive when the idiom “a candle that burns twice as bright burns half as long” is accurate (to itself - literally the candle).
Yeah. Anyway what’s with the weird fixation this website has for china? The whole frontage is constantly spammed with memes praising the CCP.
Lemmy is developed by Marxist-Leninists, so there are a bunch of us Marxist-Leninists and other forms of anticapitalists here. MLs generally uphold the CPC and PRC as legitimate Socialism and a positive, progressive force.
Makes sense, thanks for the context. I wouldn’t exactly argue that the current Chinese administration has a lot in common with MLs ideas but let’s not open that can of worms. :)
We don’t have to open it if you don’t want to, but if you change your mind, I have a bunch of resources I can offer and explanations for what you think may not connect.
China has like all the research all the production. Its the country where progress happens irl. Where I live, regress happens irl and progress only happens in my videogames
Lmao
