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1. China's industrialization was and is powered by a staggering number of poor people searching for a better life. See also: Japan's industrial rise. 2. The go

1. China's industrialization was and is powered by a staggering number of poor people searching for a better life. See also: Japan's industrial rise. 2. The government in China is extremely strong and centralized. The top officials want something, the lower officials do it. And since every Chinese business is a government business, any long-lasting Chinese company does what the government wants. So, the government can actually try to direct the country of China, compared to the USA for which conflict is the main point of the government and therefore centralized institutions (various companies, the military) emerge as the main powers. 3. China has a culture of ingratiating themselves (through feeding, using relatives, outright bribery) to people who can give them what they want. Apparently (I don't have a source), corruption can actually increase production because it greases wheels that were rusted by bureaucracy. I should also note that since China is the world's production center, they have all the manufacturing chains, so if you want to make something in China it is very easy compared to many other countries. With regards to regulation: IIRC, China has fewer regulations than America, but they are more "restrictive" (e.g. can't criticize the government), though citation needed.

onethought 5y ago
This generally seems like western media talking points rather than facts. 1. All businesses are not state run or directed. 2. Your characterisation of Guanxi (relationships) is kind of the western negative interpretation of them. America has lobbyists literally bribing politicians… sorry I mean campaign donations. I’m not sure any of the above describe why China is pushing so far out in front in technology and development… it is more a list of things the west tries to tell itself so they don’t have to confront the fact that they are potentially being outpaced.
- rackjack 5y ago
  1. Most/all businesses above a certain size are state run or directed. 2. Sorry if it came off that way. It's just that in my personal experience, China is much more dependent on this kind of ingratiation compared to America. (e.g. I've never had to give the people who reviewed my college application gifts to increase my chance of admission or anything like that.) From what I can see, the reason China is pulling out ahead is basically: - they have a humongous population, with a fair portion in poverty, giving easy access to productivity gains by lifting them out of it - they possess probably a majority of the industrial complex of the world - they have a reasonably competent government All of which breed technological development. You probably have different insights though. (Also, things like patent and technology copying, etc. probably help.)

onethought 5y ago

This generally seems like western media talking points rather than facts. 1. All businesses are not state run or directed. 2. Your characterisation of Guanxi (relationships) is kind of the western negative interpretation of them. America has lobbyists literally bribing politicians… sorry I mean campaign donations. I’m not sure any of the above describe why China is pushing so far out in front in technology and development… it is more a list of things the west tries to tell itself so they don’t have to confront the fact that they are potentially being outpaced.

rackjack 5y ago
1. Most/all businesses above a certain size are state run or directed. 2. Sorry if it came off that way. It's just that in my personal experience, China is much more dependent on this kind of ingratiation compared to America. (e.g. I've never had to give the people who reviewed my college application gifts to increase my chance of admission or anything like that.) From what I can see, the reason China is pulling out ahead is basically: - they have a humongous population, with a fair portion in poverty, giving easy access to productivity gains by lifting them out of it - they possess probably a majority of the industrial complex of the world - they have a reasonably competent government All of which breed technological development. You probably have different insights though. (Also, things like patent and technology copying, etc. probably help.)