Topic: China cracking down innovation - page 4. (Read 421 times)
They're not killing the economy, it's a matter of keeping this companies under their heels so their influence won't be a problem for the party, I guess you could say that what they're doing with this companies is a matter of politics rather than economics.
We have know that China has many times expressed and effectively carried out all shorts of moves against bitcoin, but recently they have made very serious moves that not only send a message for the future but also had very real implications for stock owners.
- Serious warnings to Ali Baba owner.
- A "voluntary" donation from Tencent to the "common good of Chinese people".
- A clear warning against any entrepreneur that has "too much public success".
Could this be dampening or even killing the expected growth of the Chinese economy? Are they, after all, still communist enough?
- Serious warnings to Ali Baba owner.
- A "voluntary" donation from Tencent to the "common good of Chinese people".
- A clear warning against any entrepreneur that has "too much public success".
Could this be dampening or even killing the expected growth of the Chinese economy? Are they, after all, still communist enough?
Well it would not kill the growth suddenly for sure but you have to understand for a fact that the Chinese government is too strict with the people, to the point where they work like robots and then at the end of the day they are going to bring down the innovation and ideas to *Zero*.
-The whole point of growth of a nation is people effectively working on their ideas and skills and using it to make their country stronger in every sector, but when freedom of thought is taken away what are they gonna be left with ?
I do think that this could work, since they are controlling them like robots but there will be a stopping point where are the end they would have a lot of probelms and at the same time the government would reach a dead end, the community with starve mentally for sure.
Learning, Innovation, Ideas, they all are a big part of the country and if this does not go well then I do think their economy will have a highest point and reach the dead end.
Communists in china are simply following the same gameplan communists have always followed over the last century. The issue has always been the general public being too afraid to educate themselves, or follow the news closely enough to know what the gameplan is. Many believe they're better off not knowing, which makes it impossible for them to learn or know anything.
I think most know the state in china has always owned and controlled everything in the country. Pretenses of "embracing capitalism" have always remained a thin veneer and pandering to those who do not know better. Capitalist CEOs in china like Jack Ma have always been forced to step down. To be replaced by communist party loyalists. Often with disastrous results as the replacements were inadequate to the task set before them. There is a question of whether failure in chinese industry are attributable to incompetence or malice.
AFAIK communism has always avoided giving credit to inventors like Mikhail Kalashnikov (inventor of the AK-47). They've typically followed the same patterns of allowing no heros or credit to be given to any aside from the ruling government/party. The government is the only party that is allowed to receive credit for success.
I think most know the state in china has always owned and controlled everything in the country. Pretenses of "embracing capitalism" have always remained a thin veneer and pandering to those who do not know better. Capitalist CEOs in china like Jack Ma have always been forced to step down. To be replaced by communist party loyalists. Often with disastrous results as the replacements were inadequate to the task set before them. There is a question of whether failure in chinese industry are attributable to incompetence or malice.
- A clear warning against any entrepreneur that has "too much public success".
AFAIK communism has always avoided giving credit to inventors like Mikhail Kalashnikov (inventor of the AK-47). They've typically followed the same patterns of allowing no heros or credit to be given to any aside from the ruling government/party. The government is the only party that is allowed to receive credit for success.
We have know that China has many times expressed and effectively carried out all shorts of moves against bitcoin, but recently they have made very serious moves that not only send a message for the future but also had very real implications for stock owners.
- Serious warnings to Ali Baba owner.
- A "voluntary" donation from Tencent to the "common good of Chinese people".
- A clear warning against any entrepreneur that has "too much public success".
Could this be dampening or even killing the expected growth of the Chinese economy? Are they, after all, still communist enough?
- Serious warnings to Ali Baba owner.
- A "voluntary" donation from Tencent to the "common good of Chinese people".
- A clear warning against any entrepreneur that has "too much public success".
Could this be dampening or even killing the expected growth of the Chinese economy? Are they, after all, still communist enough?
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