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Native Chinese here. I guess the best way is to apply those better tools for thinking to the Chinese context. To be honest, I don't think there is much informat

by LiweiZ 13y ago

Native Chinese here. I guess the best way is to apply those better tools for thinking to the Chinese context. To be honest, I don't think there is much information in Chinese politics and economy worth reading. The tools we use are outdated. The information(meta data) we can get is actually very limited and very distorted. The knowledge and how people perceive the world are far behind those in developed countries. When cheap labour becomes less and less competitive, things will go south. Domestic consumer market growth does have a chance to save us, that was what I thought the best way out when I was younger. But that would never happen, when you have some understanding how the nation's stakeholders operate. This is a topic that is too big to discuss here. I do believe, sadly, there is a long dark road ahead for most of people in my country. I wish not but from where I can see I'm quite pessimistic on this. Just my 2 cents.

ekianjo 13y ago
> Domestic consumer market growth does have a chance to save us, that was what I thought the best way out when I was younger. But that would never happen, when you have some understanding how the nation's stakeholders operate. This is a topic that is too big to discuss here. I understand you do not want to discuss it here, but can you briefly explain why this would never happen ? This is a very interesting point.
- LiweiZ 13y ago
  One dimension you can look into is the percentage the county's administrators get from average people's income and their consumption. I don't know if there is anything public in English. But I can tell you it's very very high. And the social safe net is not reliable in the long run. That's why people need savings in the bank. Another key dimension is to have some knowledge about the party that rules China. As an organization, it is quite efficient in some straightforward tasks. However, sometimes there are tasks that require more advanced way to organize people. Any organization has its limitation. And most organizations have very limited capability to adapt/evolve. The way to form the organization is the biggest obstacle. Once this is understood, everything becomes clear. Sorry that I have not given a clear answer but some clues. The tools I recommend are some basic understanding of concepts in organization behavior, complex system(such as complexity theory), Austrian school economics and, of course, some history of the party, how it operated economically from its early days. No need to get deep in the tools I listed, just have some ideas of how they perceive the world. These tools are not perfect. But with them, we may have a better view of the thing we want to know. Hope this helps.

by LiweiZ 13y ago

ekianjo 13y ago

> Domestic consumer market growth does have a chance to save us, that was what I thought the best way out when I was younger. But that would never happen, when you have some understanding how the nation's stakeholders operate. This is a topic that is too big to discuss here. I understand you do not want to discuss it here, but can you briefly explain why this would never happen ? This is a very interesting point.

LiweiZ 13y ago
One dimension you can look into is the percentage the county's administrators get from average people's income and their consumption. I don't know if there is anything public in English. But I can tell you it's very very high. And the social safe net is not reliable in the long run. That's why people need savings in the bank. Another key dimension is to have some knowledge about the party that rules China. As an organization, it is quite efficient in some straightforward tasks. However, sometimes there are tasks that require more advanced way to organize people. Any organization has its limitation. And most organizations have very limited capability to adapt/evolve. The way to form the organization is the biggest obstacle. Once this is understood, everything becomes clear. Sorry that I have not given a clear answer but some clues. The tools I recommend are some basic understanding of concepts in organization behavior, complex system(such as complexity theory), Austrian school economics and, of course, some history of the party, how it operated economically from its early days. No need to get deep in the tools I listed, just have some ideas of how they perceive the world. These tools are not perfect. But with them, we may have a better view of the thing we want to know. Hope this helps.