4 ms·

If the Great Firewall is anything to go by, I would expect Chinese people to be spending less on American services due to more services being blocked.

by Sephr 9y ago

partiallypro 9y ago
The Chinese government has grown slightly more protectionist as of late, imo their current economic situation is very fragile, despite the western fear of the rise of China. The U.S. economy is very diverse and robust, and has undergone several shocks...China, has not in the modern boom really experienced any sort of deep economic swoons. I fear what houses of cards have been built, which normally don't reveal themselves until the chairs run out. Their government is so hamfisted and wasteful, it's hard not to imagine an economic earthquake on the horizon. The US and Europe are really the main drivers of the world economy right now, China and many emerging economies have been slowing down.
- xref 9y ago
  I am fascinated by what may happen in China financially as well. The chairs have run out on the US many times, and Iceland, and Ireland, and Venezuela, and Argentina, and Greece...you get it.
dis-sys 9y ago
there are many many regular US products that are banned from being exported to China. for example, you can order a Intel Phi processor from your local computer shop and build a hobby computer using that, yet it is criminal offence to sell that to Chinese buyers living in China. watch the video below, Chinese citizens could end up in US prison for doing that. https://www.youtube.com/watch?v=I0U6ZMeVrB4 https://www.youtube.com/watch?v=I0U6ZMeVrB4
- seanmcdirmid 9y ago
  It’s funny because the Phi isn’t even that great compared to a GeForce, which can be imported into china. Heck, they don’t even ban Teslas.
omarforgotpwd 9y ago
Let’s see what happens in the future. I don’t believe that a lot of things the chinese government is doing right now are sustainable. I believe that somehow the markets will eventually open up and closely resemble the US / Europe. Who knows how long it will take or if it will even happen in my lifetime though. The huge advantage of the US over China is a stable and fair rule of law. Things like the first amendment and private property rights matter a lot for business. The article talks about the year 2032. Do you think the firewall will still be live then? I hope not.
- chrisco255 9y ago
  What firewall? My Baidu search results don't mention a firewall.
  - hactually 9y ago
    Can you use Google? Can you use Gmail/Hotmail? Wikipedia? Facebook? I couldn't from Shanghai

If the Great Firewall is anything to go by, I would expect Chinese people to be spending less on American services due to more services being blocked.

by Sephr 9y ago

If the Great Firewall is anything to go by, I would expect Chinese people to be spending less on American services due to more services being blocked.

partiallypro 9y ago

The Chinese government has grown slightly more protectionist as of late, imo their current economic situation is very fragile, despite the western fear of the rise of China. The U.S. economy is very diverse and robust, and has undergone several shocks...China, has not in the modern boom really experienced any sort of deep economic swoons. I fear what houses of cards have been built, which normally don't reveal themselves until the chairs run out. Their government is so hamfisted and wasteful, it's hard not to imagine an economic earthquake on the horizon. The US and Europe are really the main drivers of the world economy right now, China and many emerging economies have been slowing down.

xref 9y ago
I am fascinated by what may happen in China financially as well. The chairs have run out on the US many times, and Iceland, and Ireland, and Venezuela, and Argentina, and Greece...you get it.

dis-sys 9y ago

there are many many regular US products that are banned from being exported to China. for example, you can order a Intel Phi processor from your local computer shop and build a hobby computer using that, yet it is criminal offence to sell that to Chinese buyers living in China. watch the video below, Chinese citizens could end up in US prison for doing that. https://www.youtube.com/watch?v=I0U6ZMeVrB4 https://www.youtube.com/watch?v=I0U6ZMeVrB4

seanmcdirmid 9y ago
It’s funny because the Phi isn’t even that great compared to a GeForce, which can be imported into china. Heck, they don’t even ban Teslas.

omarforgotpwd 9y ago

Let’s see what happens in the future. I don’t believe that a lot of things the chinese government is doing right now are sustainable. I believe that somehow the markets will eventually open up and closely resemble the US / Europe. Who knows how long it will take or if it will even happen in my lifetime though. The huge advantage of the US over China is a stable and fair rule of law. Things like the first amendment and private property rights matter a lot for business. The article talks about the year 2032. Do you think the firewall will still be live then? I hope not.

chrisco255 9y ago
What firewall? My Baidu search results don't mention a firewall.
- hactually 9y ago
  Can you use Google? Can you use Gmail/Hotmail? Wikipedia? Facebook? I couldn't from Shanghai