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mlsu | on: Is this the end of the once-mighty GoPro?
Absolutely true. But China’s industrial dominance is also the government immiserating its people, just in a different way. Domestic consumption in China is famously low, work culture is famously bad (996,etc). And this is because of what their government, not the people of China, have chosen to do.
coldtea | parent | next
>But China’s industrial dominance is also the government immiserating its people

Didn't they bring hundreds of millions out of poverty, and built amazing cities and facilities in the past 30 years?

>Domestic consumption in China is famously low

Compared to what, the US? Compared to China is at a historical high, isn't it? And they're doing quite well even compared to like 70% of the world and rising.

faitswulff | root | parent | next
> Didn't they bring hundreds of millions out of poverty, and built amazing cities and facilities in the past 30 years?

Yes, but China-bad ideology demands that we ask ”at what cost?”

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UltraSane | root | parent
China isn't bad, the CCP is.
faitswulff | root | parent
That simplistic characterization is still essentially "China-bad." The CCP is the same government responsible for lifting historically unprecedented numbers of people out of abject poverty. Does it make up for other human rights violations? No. But "CCP bad" flattens a complex and powerful political organization into a fairy tale boogeyman.
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Robotbeat | root | parent | next
Not as much as their East Asian neighbors, who had increasing democracy and fewer deaths to starvation…
vkou | root | parent | next
Their economy has grown, and continues to grow faster than that of any of their neighbors.
simplisticelk | root | parent | next
Yes, their system has lifted hundreds of millions out of poverty, but government policy is now making Chinese consumers poorer than they otherwise would be in order to support domestic industry. It seem’s to be for geo-strategic reasons rather than in the interests of the Chinese people, it’s also probably unsustainable.
shunia_huang | root | parent | next
WOW the classic yes...but..., where's these statement coming from? I'm Chinese and I don't get the point here at all, you guys seem living in vacuum with biased news, and know much much better than we people living here, that's really confusing everytime I see/read comments lie this.

China now is open freely for almost everyone, come and see by yourslef, if you not living poverty.

The world itslef does not work the propaganda way whether you dislike or hate the gov for whatever reason. And yes you can criticize the gov as you like with the news you read otr the party you pro with, but never assume how the people feel and belives if you are not the people, and if you do then that's the same mindset as Trump or any other war-bringing president the US had, and you know what they did and still doing.

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fragmede | root | parent | next
For bringing people out of poverty, they had laminated placards attached to the doors of people who were poor, and the name of the government official who was responsible for lifting that family out of poverty, and if that government official failed at it, they wouldn't advance in their career.
Scroll_Swe | root | parent
>Didn't they bring hundreds of millions out of poverty, and built amazing cities and facilities in the past 30 years?

So did the western world.

Ask Poland, the Baltics and East Germany if they want communism back. I'll wait. :)

I am so tired of the praise of China online while condemning the west. Worst part is you probably live in the west.

*Nono, dont reply, just downvote instead :)

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saturn8601 | parent | next
Work Culture is famously bad? Look I get 996. The Youth seem like they are either next level burned out or on a treadmill that never ends(due to the 25% youth unemployment, the deflation happening and the extreme overabundance of educated professionals). Both are not good. But the original comment listed stellar companies and products that wipe the floor with American made junk. You don't get that without some extensive hard work. Stealing only takes to so far, you gotta do a lot more on top of that.
lokar | parent
Consumption is not just low, it’s intentionally suppressed.