News Briefs 03-07-2008

"The past is history, the future a mystery, but this moment is a gift…that’s why it’s called present"…That was some brainy turtle. Cool moves too.

Thanks to Rick, Greg & Kat.

Quote of the Day:

”I strongly suspect there is a strong correlation between peace and happiness.”

Ronald Inglehart, political scientist at the University of Michigan's Institute for Social Research (and the greatest mind of our time IMO, for coming up with such insight)

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tihz_ho's picture
Member since:
30 April 2004
Last activity:
1 day 21 hours

The latest Olympic hardship imposed on Chinese businesses is expect power blackouts if Beijing happens to needs more power during the Olympics.

Thousands of companies have been shut down just in case they might be polluting or don't give a good image of China. (Mind you many are polluting anyway)

No Chinese company can ship any chemical or what might be a chemical substances by courier from May to the end of the Olympics even though they have been safe and been sent by courier before. This does not mean however that Chinese companies cannot RECEIVE chemical and what might deemed chemical goods sent by courier TO them from other countries. (WTF???) So a terrorist is able to send the stuff to China but not the other way around.

It is now difficult for foreigners to get ALL business visas, they are valid for only two weeks (not one year as previous) and it is not possible to renew them (while it was before).

While this has nothing to do with businesses, all Chinese who have been deemed to not present a good impression or image of China are being shifted out of sight.

Cheers

red pill junkie's picture
Member since:
12 April 2007
Last activity:
11 hours 2 min

Yep, I read in the news that Beijing is instructing all the local governments to impose a complete restriction of public manifestations until the end of the games.

And I suppose millions of cars will be ordered to stop circulating to try to keep pollution under control.

These are going to be the looooongest two months for them.

-----
It's not the depth of the rabbit hole that bugs me...
It's all the rabbit SH*T you stumble over on your way down!!!

Red Pill Junkie

tihz_ho's picture
Member since:
30 April 2004
Last activity:
1 day 21 hours

I believe we are at the beginning of the end of the Chinese "super economy".

With the closure of thousands of companies for the Olympics, reduced exports from the falling USD, rising fuel and food costs and rising RMB (Chinese currency) means more unemployment and real growth will slow.

Chinese companies will take more and more "shortcuts" in manufacturing to save money and we will see more and more fake or shoddy goods coming out of China.

Many importers of Chinese goods are already seeing a decrease in quality from the companies they have been dealing with and are searching for alternative sources. (India is worse than China already.)

China does not have any social safety net at all so crime, which is rather out of control in many industrial centres (you just don't hear about it) will rise.

Doesn't look good... :0

But maybe I am being pessimistic...?

Shanghai will host Expo in 2010 so will we see the "Olympics" reloaded?

Cheers

red pill junkie's picture
Member since:
12 April 2007
Last activity:
11 hours 2 min

Turner Young provided this link about the problems in Europe with 'pirate' pesticides coming from China.

China's economy might definitely slow down in the future. But truth be told, I don't want China to 'fail', I want them to be succesful in bringing a better quality of life to ALL its citizens. I want them to preserve their enviroment—in fact, China is now the leading exporter of solar panels, according to Wired magazine, and they are building innovative nuclear reactors— and I want them to continue their space exploration. But that would only happen if a)they install democracy, and b)they stop spending so much money in weapons.

The incidents of the last earthquake tragedy are a perfect example of what's wrong with the chinese's way of doing things: they build schools and buildings at furious pace, but when they're hit by a quake, the schools collapse because they were built carelessly with shoddy materials, meanwhile destroying in the process their most valuable asset—their children.

-----
It's not the depth of the rabbit hole that bugs me...
It's all the rabbit SH*T you stumble over on your way down!!!

Red Pill Junkie

tihz_ho's picture
Member since:
30 April 2004
Last activity:
1 day 21 hours

In China if you travel outside of Shanghai for example you will see the standard of life for common Chinese. Compared to the west it is like going back in time 60 years but with a new veneer. Its like a saying I am fond of "putting lipstick on a pig...its still a pig with lipstick"

Yes I agree about buildings in China. Walk down a street and buildings that look 50 years old are in fact less than five. As you said the cheapest materials and shoddy workmanship are the reason. However Chinese do not see anything wrong with that. Chinese see themselves as the centre of their universe individually and as a nation. So they are not open to any new ideas outside of their universe.

Don't get me wrong I don't have any dislike of Chinese as it seems I am very critical of them. I am just being very objective - looking past the lipstick. I live and work in China, have a Chinese wife and shares in three companies.

China is in space only for their image and "face" and to "prove" they are as technically advanced as the west. However the Chinese space program is a bought one...from the Russians.

China ONLY makes solar cells because there is a market for them not for any ecological reason! :)

There is NO WAY China could become a democracy right now due to the extreme level of corruption. Give it a few more generations for the people to advance from the "stone age".

Cheers