My next preamp: Cary SPL-90 CLONE

[Feanor]

Also, why they now allow families to have more than one child.

It should be noted that China didn't really begin to grow until about 1978 when they opened their trade to the rest of the world. Remarkable to see where they are now. Of course, with open markets and cheap labor you can understand how things took off.

After the Chinese civil war KMT and supporters moved to Taiwan. With help from the U.S. their economy took more of an upward take off. China had Russian support but Mao nearly destroyed the country IMO.

The Mao years were a catastrophe for China. First the "Great Leap Forward" that literally killed tens of millions, then the "Cultural Revolution" that killed more and set back science and industry.

I know a few Chinese people who will admit the country would have be better of had the Guomindang had remained in power in spite of it being a dictatorship and police state.

 

[ggdudeabides]

This has nothing to do with a patent right. That is a gross oversimplification of a far more serious and complex infringement issue. It is about stealing a small, boutique, hard earned reputation to market and sell product. And any reasonable, intelligent person should realize that.

Feanor. After all the back and forth on the thread, do you agree with the above assesment? Thanks.

 

[crwilli]

China is a place of contradiction: some things good, others very bad.

The CCP government has certainly raise the standard of living there for most enormously since the end of the Mao era. also in the good side:

• China is the leader in EV production and intends to dominate the world market, at least outside the USA and Europe
• China is the leader solar panel production
• Despite being still highly reliant on coal, China is leading the way in renewable energy introduction.
• China has built incredible highways and "bullet train" facilties
• China has a thriving small business sector, though large-scale business is closely controlled by the gov't and CCP.

OTOH, China is an extreme surveillance totalitarian dictatorship. Also,

• China's domestic economy is in poor shape on account of gov't misdirections and the lack of consumer confidence
• China's real estate boom is long over; it boomed at first because (a) developers received various subsidies from all levels of gov't , (central, provincial, local), and (b) because ordinary Chinese are big savers but weren't premitted to invest abroad; they had little confidence in their stackmarket so chose to invest "safely" in real estate. Result was a ridiculous over-supply of apartments, etc. Lots of Chinese lost a lot of their investment & savings
• Consequent to this real estate bust, the gov't decide to forget about a consumer-lead economy and double-down on the old export-lead approach
• Youth unemployment is very high. Ironically it college-educated young people who are having the hardest time; the economy needs tradesmen and manual workers, thus would-be white collar workers languish.
• The Chinese population is rapidly aging with a potential shortage of workers looming -- one reason for the gov'ts emphsis on robotics.

The aging population is a direct result of the ‘one child’ policy - which, although it has been relaxed, will take decades to get sorted out. In addition to the skewed demographics, it also created a shortage of females. A family who could only have one child wanted a male who was thought to be more likely to take care of the aging parents. Orphanages on the 70’s - early 2000’s were full of girls and physically or mentally hampered children.

Enact serious social policies for one reason or another you better think through all the other likely results.

The real estate boom was caused by hundreds of factors but IMHO, the CCP wanting or needing to keep social peace was near the top. They allowed ‘free’ money to flow into their economy through a variety of industries which lead to over-building. Real estate is but one such industry. Steel is another. China has (or had a decade ago) enough capacity to make most if not all of the world’s steel demand. How many steel mills are in North America or Europe? It’s not just because of cheap labor. It was from free capital.

China is a loose cannon. They show on the surface as a country/people brimming with confidence and full of capability. Pull back the covers and there are a plethora of fundamental issues.

How the CCP deals with that could be chaotic. Above all, their mission is to protect the CCP. The Chinese people at large are a distant priority.

 

[2FarGone]

The aging population is a direct result of the ‘one child’ policy - which, although it has been relaxed, will take decades to get sorted out. In addition to the skewed demographics, it also created a shortage of females. A family who could only have one child wanted a male who was thought to be more likely to take care of the aging parents. Orphanages on the 70’s - early 2000’s were full of girls and physically or mentally hampered children.

Enact serious social policies for one reason or another you better think through all the other likely results.

The real estate boom was caused by hundreds of factors but IMHO, the CCP wanting or needing to keep social peace was near the top. They allowed ‘free’ money to flow into their economy through a variety of industries which lead to over-building. Real estate is but one such industry. Steel is another. China has (or had a decade ago) enough capacity to make most if not all of the world’s steel demand. How many steel mills are in North America or Europe? It’s not just because of cheap labor. It was from free capital.

China is a loose cannon. They show on the surface as a country/people brimming with confidence and full of capability. Pull back the covers and there are a plethora of fundamental issues.

How the CCP deals with that could be chaotic. Above all, their mission is to protect the CCP. The Chinese people at large are a distant priority.

The Law of Unintended Consequences is pretty unforgiving.