but but but china can't innovate! /s
the laws of physics are the same in every country. if the us can develop chips, so can china.
25 salty downvotes.
nationalization isn't a miracle solution.
this doesn't mean that china has no economic issues at all. real estate, for example, must be properly managed without wiping out everyone's investments.
[https://www.bloomberg.com/news/articles/2023-07-28/india-brazil-push-back-against-china-over-brics-expansion](China's Push to Expand BRICS Membership Falters)
this article didn't age well!
random tweets making baseless predictions are a waste of time.
Because the goal of the public industry is to provide the public with that good/service. It often sells at cost or even at a deficit since it does not need to profit.
reminds me of how many western commentators disparage china's high speed rail system for running at a loss and supposedly wasting money. yes, of course it does. the trains are the point, not the pursuit of profit. the government pays for high speed rail because it's a needed service, and the costs of operating hsr is worth it in the long run and will even pay for itself.
the flood casualties are likely still too high. i hope the cpc invests in more flood-resistsnt infrastructure after this because it's only going to get worse.
thank you. you should share the document here because sources are important.
is there a tldr on exactly what happened then? there were undeniably a lot of tanks present, which is not a good sign.
i enjoy both panda express and authentic chinese cuisine. there are some niche things like drunken shrimp eaten alive, but the vast majority of chinese people don't eat "weird" foods like it. they eat stuff you'd typically find in a chinese restaurant in the west, which tend to be pretty authentic.