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Eric Loh

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Posts posted by Eric Loh

  1. 1 hour ago, Logosone said:

    China's huge market is maturing

    1.4 B population and a growing middle class and central government implementing policies for a domestic driven economy; it is a massive market too enticing for foreign companies to exit and will in fact attract lots more FDI. The only fear that China has is a popular uprising. Reasons enough to put the brakes on Hong Kong dissent. They don't fear US aggressive posturing. 

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  2. 10 minutes ago, rasmus5150 said:

    No matter where you come from, it will be quick to dig up the history books and accuse you of something from the past.

     

    Right now it's about not repeating those mistakes, and listen to the majority of Hong Kong's population. Pretty sure they want to distance themselves from Chinese communism, and the oppression it brings.

    If listening to the majority of Hong Kong’s population is the litmus test, then most polls will tell you that only about 17% of the population seeks independence. If you understand the angst of Hong Kong’s population, you will find out that most are protesting on social issues and inequality. Most still subscribed to the 1 China 1 systems policy. 

    https://www.forbes.com/sites/kenrapoza/2020/01/02/interesting-poll-shows-hong-kongers-not-exactly-against-china/#54570d3f3b1a

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  3. 46 minutes ago, johnpetersen said:

    You must have a pretty low opinion of socialism to call China socialist. You mean like Sweden or Norway? It has s very poor social safety net system, a judiciary which is entirely under the thumb of the Party, massive Internet and press censorship. And under Xi state enterprises are growing again at the expense of private enterprise which are being asked to invest or lend (i.e. donate) to state enterprises. Lots of ecomonists believe China is headed for a middle income trap. And while it's GDP may soon be larger than the US, keep in mind that its population is about 4 times that of the USA

    No social welfare system is the same. China’s social welfare system progression from its “iron rice bowl” in the past to “cradle to grave” and current coverage for education. health, labor etc. Details that you can obtain from public domain. SOE has been focus of much reform to reduce their inefficiency and profitability and the current reforms involved mixed ownership. SOE generated an increases in profitability last year. Again you can glean from public domain. Increasing GDP is not about population but the policies of the government and how they deploy capital. In China case, it’s their investments in R&D and infrastructure. There is no such thing as a free press and even social media. As for economic woes ahead, I can say that current China/US spat will hurt economies of both countries and the contagion will hurt the world. 

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  4. 1 hour ago, Stadtler said:

    That's right, do away with them until the Chinese People rise up and kill the communists.  They deserve nothing short of a slow death.

    Chinese citizens are pretty content with their quality of life which is higher ranked than Italy and only 2 levels below USA. By 2025, China will overtake USA GDP. Don’t you know that they now socialist with capitalist characteristic with a central government. Maybe you should find out the definition of communist. Educational. 

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  5. 3 hours ago, Mama Noodle said:

     

    The USA has provided 10 (yes TEN) Billion US dollars for international coronavirus relief. 

     

    That is compared to Chinas pocket-change 2 Billion 'over 2 years' 

     

    So yeah, China sucks. 

    Sadly for fighting diseases such as HIV/AIDS, Ebola, Malaria and mostly from previous governments. Very little by Trump’s government for fighting corona virus. China again embarrass Trump by their hefty donation for global fight against the virus. 

     

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