8 ms·

It’s China’s World

58 points by known 7y ago

croh 7y ago
I really love the progress China made in very small duration. But does this article sound like promotion/propaganda ?
- prebrov 7y ago
  Fortune Magazine is owned by the same family that owns CP Group, Thailand’s largest conglomerate. Their economic interests in China are clear. Hear them boast on Wikipedia: “When China opened up its economy in 1978, the CP Group was the very first foreign investor in the country and became the first foreign company registered in the special economic zone of Shenzhen, Guangdong. The company is the single largest investor in Mainland China today commanding over fifth of China's entire feed meal market.[5] The corporate registration number was "0001." - https://en.m.wikipedia.org/wiki/Charoen_Pokphand https://en.m.wikipedia.org/wiki/Charoen_Pokphand
- deleted 7y ago
  [deleted]
- lonelappde 7y ago
  How is it propaganda? If propaganda, is it pro or anti China? It's calling attention to China's emergency from agrarian so society to glob superpower, by noting some major if arbitrary milestones. Facebook CEO Mark Zuckerberg learned Mandarin as an adult. The world is changing in a way most people ignore but people who care notice. It's up to you to decide if it's changing for better or for worse.
- eunos 7y ago
  Sometimes I wonder why HN posters are so instigated by the word propaganda, esp China.
chvid 7y ago
“American companies account for 121 of the world’s largest corporations by revenue. Chinese companies account for 129 (including 10 Taiwanese companies).” Bit of a stretch to include Taiwan here ... sure it is ethnically Chinese but more of an ally of the us than mainland China at this point.
- christophilus 7y ago
  I mean, 119 vs 121 is still impressive, if true. With China’s momentum, I wouldn’t be surprised if they pass the US soonish. That said, any article that includes Taiwan as part of China immediately makes me think it’s a propaganda piece.
  - jerf 7y ago
    Perhaps, but in the last year things have taken a turn that suggest China's momentum may be taking a turn for the worse recently. Trump's trade war is just a leading indicator, but it's not the only problem they're facing; increasing amounts of the world are seeing them as a direct threat. I'm not sure we can project out China's progress from a politital/economic regime where they were at least effectively unopposed (beyond the normal give and take of any economy), if not actively being given a helping hand, to a regime where they are being actively opposed by an increasing number of economies. It's possible a trade war will end up being the best possible thing that could happen to them by putting some stress on their economy and helping them sharpen their game, but, then again, it may end up being the case that once again, a Communist regime turns out to be a paper tiger pumped up by a lot of people heavily invested in seeing Communism succeed, only for it to collapse spectacularly once all the internal contradictions are laid bare. Stay tuned for the next couple of years.
    - lonelappde 7y ago
      That's valid, but the US might have peaked as well, considering recent internal turmoil. China is totalitarian/single-party, not very Communist anymore (central planning of economy? Wages and welfare predominantly provided by the State?), and getting less Communist every day. China's CCP is as Communist as the US Greens are "green" or the Democrats are "democrats" vs Republicans being "republican". At a glance, China is converging with US, with China becoming a single-party-rule corporate oligopoly, and US becoming a libertarian corporate oligopoly.
dmurtagh 7y ago
The map in the article hurts my brain!
williamchangnpu 7y ago
It's interesting that a lot of these Chinese companies aren't really keeping up the pace, for example, tssgroup , https://www.tssgroup.com.cn/ https://www.tssgroup.com.cn/, I can't even open up their website.
- simosx 7y ago
  You need to switch to `http://` http://` (from `https://` https://`).
sadness2 7y ago
This is a narrow view. The fortune 500 provides no insight into the level of interest each economy holds in the major companies of other nations. Spoiler: the US owns a fucktonne of the world's capital gains
jajag 7y ago
With climate change stalking in the background, I really think it's too early to say whose century - whether China's or anyone else's - this will be.
5trokerac3 7y ago
CCP China is the most successful ethno-nationalist/fascist state in modern history. * With the introduction of a market economy in the 70s and 80s, but retaining full party control of that economy, they fulfilled the economic definition of fascism. * With their oppression of the Uighur and Tibetan people they have met the ethno-nationalist definition. We continue to economically support them at our own peril. If you're watching what's happening in Hong Kong and continue to buy Chinese products, when alternatives are available, you're knowingly funding evil.
- AstralStorm 7y ago
  They're different from Nazis in that they consider anyone non-Chinese a periphery and historically only wanted tribute. That does not count for land that is near though.
  - 5trokerac3 7y ago
    And the Italian fascismo were different in many ways but still send ethnic minorities to their death - as we can be 99.9% sure the CCP is. Your argument is a red herring and acts, whether you want it to or not, as apologetics.
- hos234 7y ago
  "Economically support them" implies some misleading parent child relationship, where the parent can kick the kid out of the house for misbehaving. This is more a dysfunctional couple relationship, where both sides are Co-Dependent. Its not just that they have a ton to loose, it's that they can't do any better without each other. Google, to their credit, tried existing but look at where that story went. Some couples therapy is overdue but given the fear driven info flows on News and Social Media, it wouldn't be surprising for a Brexit like fiasco, which will hit the people at the bottom of the food chain more than anyone else. Nothing is going to get fixed in the world until Social and News Media get regulated. All they do is produce Red Queen dynamics - keeping everyone running on fear treadmills without going anywhere.
  - 7y ago
sct202 7y ago
It's not China's World considering how they oriented the map so that only the Americas are oriented in the normal way, while all of Eurasia is upside down.
bretpiatt 7y ago
From a global production perspective each time I look at the G500 vs. the F500 I'm reminded about the delta between the global economy and the United States. Global 500 top 10 [1] - 1 Retail/Grocer, 6 Energy (mostly Oil related), 2 Auto Manufacturers Fortune 500 top 10 [2] - 1 Retail/Grocer, 1 Energy (Oil related), 3 Tech/Telcom (Apple, Amazon, AT&T), 4 Healthcare, 1 Financial Service [1] https://fortune.com/global500/2019/search/ https://fortune.com/global500/2019/search/ [2] https://fortune.com/fortune500/2019/search/ https://fortune.com/fortune500/2019/search/

It’s China’s World

58 points by known 7y ago

croh 7y ago

I really love the progress China made in very small duration. But does this article sound like promotion/propaganda ?

prebrov 7y ago
Fortune Magazine is owned by the same family that owns CP Group, Thailand’s largest conglomerate. Their economic interests in China are clear. Hear them boast on Wikipedia: “When China opened up its economy in 1978, the CP Group was the very first foreign investor in the country and became the first foreign company registered in the special economic zone of Shenzhen, Guangdong. The company is the single largest investor in Mainland China today commanding over fifth of China's entire feed meal market.[5] The corporate registration number was "0001." - https://en.m.wikipedia.org/wiki/Charoen_Pokphand https://en.m.wikipedia.org/wiki/Charoen_Pokphand
deleted 7y ago
[deleted]
lonelappde 7y ago
How is it propaganda? If propaganda, is it pro or anti China? It's calling attention to China's emergency from agrarian so society to glob superpower, by noting some major if arbitrary milestones. Facebook CEO Mark Zuckerberg learned Mandarin as an adult. The world is changing in a way most people ignore but people who care notice. It's up to you to decide if it's changing for better or for worse.
eunos 7y ago
Sometimes I wonder why HN posters are so instigated by the word propaganda, esp China.

chvid 7y ago

“American companies account for 121 of the world’s largest corporations by revenue. Chinese companies account for 129 (including 10 Taiwanese companies).” Bit of a stretch to include Taiwan here ... sure it is ethnically Chinese but more of an ally of the us than mainland China at this point.

christophilus 7y ago
I mean, 119 vs 121 is still impressive, if true. With China’s momentum, I wouldn’t be surprised if they pass the US soonish. That said, any article that includes Taiwan as part of China immediately makes me think it’s a propaganda piece.
- jerf 7y ago
  Perhaps, but in the last year things have taken a turn that suggest China's momentum may be taking a turn for the worse recently. Trump's trade war is just a leading indicator, but it's not the only problem they're facing; increasing amounts of the world are seeing them as a direct threat. I'm not sure we can project out China's progress from a politital/economic regime where they were at least effectively unopposed (beyond the normal give and take of any economy), if not actively being given a helping hand, to a regime where they are being actively opposed by an increasing number of economies. It's possible a trade war will end up being the best possible thing that could happen to them by putting some stress on their economy and helping them sharpen their game, but, then again, it may end up being the case that once again, a Communist regime turns out to be a paper tiger pumped up by a lot of people heavily invested in seeing Communism succeed, only for it to collapse spectacularly once all the internal contradictions are laid bare. Stay tuned for the next couple of years.
  - lonelappde 7y ago
    That's valid, but the US might have peaked as well, considering recent internal turmoil. China is totalitarian/single-party, not very Communist anymore (central planning of economy? Wages and welfare predominantly provided by the State?), and getting less Communist every day. China's CCP is as Communist as the US Greens are "green" or the Democrats are "democrats" vs Republicans being "republican". At a glance, China is converging with US, with China becoming a single-party-rule corporate oligopoly, and US becoming a libertarian corporate oligopoly.

dmurtagh 7y ago

The map in the article hurts my brain!

williamchangnpu 7y ago

It's interesting that a lot of these Chinese companies aren't really keeping up the pace, for example, tssgroup , https://www.tssgroup.com.cn/ https://www.tssgroup.com.cn/, I can't even open up their website.

simosx 7y ago
You need to switch to `http://` http://` (from `https://` https://`).

sadness2 7y ago

This is a narrow view. The fortune 500 provides no insight into the level of interest each economy holds in the major companies of other nations. Spoiler: the US owns a fucktonne of the world's capital gains

jajag 7y ago

With climate change stalking in the background, I really think it's too early to say whose century - whether China's or anyone else's - this will be.

5trokerac3 7y ago

CCP China is the most successful ethno-nationalist/fascist state in modern history. * With the introduction of a market economy in the 70s and 80s, but retaining full party control of that economy, they fulfilled the economic definition of fascism. * With their oppression of the Uighur and Tibetan people they have met the ethno-nationalist definition. We continue to economically support them at our own peril. If you're watching what's happening in Hong Kong and continue to buy Chinese products, when alternatives are available, you're knowingly funding evil.

AstralStorm 7y ago
They're different from Nazis in that they consider anyone non-Chinese a periphery and historically only wanted tribute. That does not count for land that is near though.
- 5trokerac3 7y ago
  And the Italian fascismo were different in many ways but still send ethnic minorities to their death - as we can be 99.9% sure the CCP is. Your argument is a red herring and acts, whether you want it to or not, as apologetics.
hos234 7y ago
"Economically support them" implies some misleading parent child relationship, where the parent can kick the kid out of the house for misbehaving. This is more a dysfunctional couple relationship, where both sides are Co-Dependent. Its not just that they have a ton to loose, it's that they can't do any better without each other. Google, to their credit, tried existing but look at where that story went. Some couples therapy is overdue but given the fear driven info flows on News and Social Media, it wouldn't be surprising for a Brexit like fiasco, which will hit the people at the bottom of the food chain more than anyone else. Nothing is going to get fixed in the world until Social and News Media get regulated. All they do is produce Red Queen dynamics - keeping everyone running on fear treadmills without going anywhere.
- 7y ago

sct202 7y ago

It's not China's World considering how they oriented the map so that only the Americas are oriented in the normal way, while all of Eurasia is upside down.

bretpiatt 7y ago

From a global production perspective each time I look at the G500 vs. the F500 I'm reminded about the delta between the global economy and the United States. Global 500 top 10 [1] - 1 Retail/Grocer, 6 Energy (mostly Oil related), 2 Auto Manufacturers Fortune 500 top 10 [2] - 1 Retail/Grocer, 1 Energy (Oil related), 3 Tech/Telcom (Apple, Amazon, AT&T), 4 Healthcare, 1 Financial Service [1] https://fortune.com/global500/2019/search/ https://fortune.com/global500/2019/search/ [2] https://fortune.com/fortune500/2019/search/ https://fortune.com/fortune500/2019/search/