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The big question is can they since Xi has come to power? imo Xi is regressing China back to Mao style centralization. Centralization has big costs such as sever

The big question is can they since Xi has come to power? imo Xi is regressing China back to Mao style centralization. Centralization has big costs such as severely stunting creativity.

nine_k 6y ago
Here's the chance for the US manufacturing to catch up!
- bfieidhbrjr 6y ago
  Myth. US manufacturing never went away, US manufacturing JOBS went away. Automation.
  - blackrock 6y ago
    It’s easier to sell the fear of some foreign boogeyman, by claiming that foreigners took your jobs away. As opposed to robots that made your job obsolete. Hey! Vote for me! I’ll bring those jobs back home! Sound familiar?
  - nine_k 6y ago
    I buy numerous electronic devices, from laptops down to simple PWM dimmers. Very few of them are not made in China, even fewer proudly made in the US. I would gladly pay 25% more for devices made on US soil by US robots, but so far the supply of such is pretty limited at best.
Barrin92 6y ago
This is the kind of stuff people post who get their information about China exclusively from American think tanks. I've worked in China and been in the country multiple times over the last few years. In Mao's times you had to carry the little red book in your pocket, were put into a factory or lined up against the wall. Today foreigners can go to the country, start a business and you can work where you want. Over the last five years in particular the situation for businesses has gotten better because the courts actually have started to function and address stuff like IP claims. Still slow for foreign business in particular, but if you think modern China, one of the world's most integrated economies, is comparable to the Mao era I truly don't know what to tell you. China is also, ironically enough, probably one of the most fiscally decentralized economies on the planet. If you look at the degree of economic autonomy regions have, you won't find it really anywhere else.
- chaostheory 6y ago
  > This is the kind of stuff people post who get their information about China exclusively from American think tanks. I've worked in China and been in the country multiple times over the last few years. I'm Chinese. I still have family there. > In Mao's times you had to carry the little red book in your pocket, were put into a factory or lined up against the wall. This is funny because Xi is emulating Mao. Instead of a red book, Xi has a yellow book. > Today foreigners can go to the country, start a business and you can work where you want. Over the last five years in particular the situation for businesses has gotten better because the courts actually have started to function and address stuff like IP claims. Still slow for foreign business in particular, but if you think modern China, one of the world's most integrated economies, is comparable to the Mao era I truly don't know what to tell you. If you know enough about history, the credit for opening up China to the West goes to Deng Xiaoping and not Xi. Also you're talking past tense. In the present, foreigners are being squeezed out. > China is also, ironically enough, probably one of the most fiscally decentralized economies on the planet. If you look at the degree of economic autonomy regions have, you won't find it really anywhere else. I'm not sure what you're reading, but a good percentage of companies are either state sponsored or state owned. Still, you weren't completely off. Continued decentralization of the economy was the trend before Xi, but Xi is reversing it now. I'm speaking of the near future and not the past. What you've written was largely true a few years ago but not so much now or the near future.
  - Barrin92 6y ago
    I don't really see any evidence for the fact that foreigners are being squeezed out of China. FDI in China is actually up, even American investment in China.[1] under the current administration no less. Number of foreign students in China has steadily risen, and only slowed somewhat down but it's still the fifth most popular country for foreign students[2]. I personally plan to return in the next few years in all likelihood. (I don't have family in the country, and I'm not Chinese for what it's worth, and I rarely had problems). I see absolutely no evidence in the numbers, or personal experience, but only in narrative that China has become a worse place for foreigners. Business climate is way better than it was mostly due to rule of law improvements. I have no idea to what extent the corruption reforms purged antagonistic party members or whatever, but it wasn't just a stunt, it actually did help private businesses. I also find the elevation of Deng over Xi odd, given that Deng all his economic reforms aside, also used to roll tanks over students. The current administration doesn't even seem close to go back to the old methods. [1]https://www.statista.com/statistics/188629/united-states-direct-investments-in-china-since-2000/ https://www.statista.com/statistics/188629/united-states-dir... [2]https://monitor.icef.com/2019/04/chinas-foreign-enrolment-growth-flattened-out-in-2018/ https://monitor.icef.com/2019/04/chinas-foreign-enrolment-gr...

The big question is can they since Xi has come to power? imo Xi is regressing China back to Mao style centralization. Centralization has big costs such as severely stunting creativity.

nine_k 6y ago

Here's the chance for the US manufacturing to catch up!

bfieidhbrjr 6y ago
Myth. US manufacturing never went away, US manufacturing JOBS went away. Automation.
- blackrock 6y ago
  It’s easier to sell the fear of some foreign boogeyman, by claiming that foreigners took your jobs away. As opposed to robots that made your job obsolete. Hey! Vote for me! I’ll bring those jobs back home! Sound familiar?
- nine_k 6y ago
  I buy numerous electronic devices, from laptops down to simple PWM dimmers. Very few of them are not made in China, even fewer proudly made in the US. I would gladly pay 25% more for devices made on US soil by US robots, but so far the supply of such is pretty limited at best.

Barrin92 6y ago

This is the kind of stuff people post who get their information about China exclusively from American think tanks. I've worked in China and been in the country multiple times over the last few years. In Mao's times you had to carry the little red book in your pocket, were put into a factory or lined up against the wall. Today foreigners can go to the country, start a business and you can work where you want. Over the last five years in particular the situation for businesses has gotten better because the courts actually have started to function and address stuff like IP claims. Still slow for foreign business in particular, but if you think modern China, one of the world's most integrated economies, is comparable to the Mao era I truly don't know what to tell you. China is also, ironically enough, probably one of the most fiscally decentralized economies on the planet. If you look at the degree of economic autonomy regions have, you won't find it really anywhere else.

chaostheory 6y ago
> This is the kind of stuff people post who get their information about China exclusively from American think tanks. I've worked in China and been in the country multiple times over the last few years. I'm Chinese. I still have family there. > In Mao's times you had to carry the little red book in your pocket, were put into a factory or lined up against the wall. This is funny because Xi is emulating Mao. Instead of a red book, Xi has a yellow book. > Today foreigners can go to the country, start a business and you can work where you want. Over the last five years in particular the situation for businesses has gotten better because the courts actually have started to function and address stuff like IP claims. Still slow for foreign business in particular, but if you think modern China, one of the world's most integrated economies, is comparable to the Mao era I truly don't know what to tell you. If you know enough about history, the credit for opening up China to the West goes to Deng Xiaoping and not Xi. Also you're talking past tense. In the present, foreigners are being squeezed out. > China is also, ironically enough, probably one of the most fiscally decentralized economies on the planet. If you look at the degree of economic autonomy regions have, you won't find it really anywhere else. I'm not sure what you're reading, but a good percentage of companies are either state sponsored or state owned. Still, you weren't completely off. Continued decentralization of the economy was the trend before Xi, but Xi is reversing it now. I'm speaking of the near future and not the past. What you've written was largely true a few years ago but not so much now or the near future.
- Barrin92 6y ago
  I don't really see any evidence for the fact that foreigners are being squeezed out of China. FDI in China is actually up, even American investment in China.[1] under the current administration no less. Number of foreign students in China has steadily risen, and only slowed somewhat down but it's still the fifth most popular country for foreign students[2]. I personally plan to return in the next few years in all likelihood. (I don't have family in the country, and I'm not Chinese for what it's worth, and I rarely had problems). I see absolutely no evidence in the numbers, or personal experience, but only in narrative that China has become a worse place for foreigners. Business climate is way better than it was mostly due to rule of law improvements. I have no idea to what extent the corruption reforms purged antagonistic party members or whatever, but it wasn't just a stunt, it actually did help private businesses. I also find the elevation of Deng over Xi odd, given that Deng all his economic reforms aside, also used to roll tanks over students. The current administration doesn't even seem close to go back to the old methods. [1]https://www.statista.com/statistics/188629/united-states-direct-investments-in-china-since-2000/ https://www.statista.com/statistics/188629/united-states-dir... [2]https://monitor.icef.com/2019/04/chinas-foreign-enrolment-growth-flattened-out-in-2018/ https://monitor.icef.com/2019/04/chinas-foreign-enrolment-gr...