Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Lol hope you're being sarcastic. If it wasn't for China, almost everything in your house wouldn't be there lol. How's that for influence?
Not necessarily - Chinese labour is favoured because it is cheap. Only recently have most things been manufactured in China. We'd be fine without China - completely fine. The knowledge and expertise exists in Europe and North America, and the quality of the products would almost certainly be higher.
Quote:
Originally Posted by gen2010
China is not only a manufacturing powerhouse. It is also an important innovative center. Two of most valuable internet companies are Tencent and Alibaba. Their market value is close to Amazon or Facebook, only after Google.
Never heard of them. They must only be valuable in China.
Never heard of them. They must only be valuable in China.
Alibaba is the ebay of China and Tencent is something like the former MSN messenger/blogspot/other social media provider. The benefit is that the Internet censorship is so tough in China, so these government-approved corporations get a semi-monopoly status just of being government-friendly.
No, nobody outside the Chinese world uses Alibaba or Tencent, they're just for the domestic market, like VKontakte (the Russian Facebook) is dominant only in the Russian-speaking world.
Not necessarily - Chinese labour is favoured because it is cheap. Only recently have most things been manufactured in China. We'd be fine without China - completely fine. The knowledge and expertise exists in Europe and North America, and the quality of the products would almost certainly be higher.
Never heard of them. They must only be valuable in China.
Yeah but how many Europeans are willing to work for $1 an hour? Our consumeristic lifestyle basically depends on sweatshop wages...the entire re-creation of the huge manufacturing economy would take ages, it would turn the world upside down...
Even the domestic market in China is bigger than the US and EU combined.
And these chinese companies are make good progress in South East Asia. Of course, a market of more than 2 billion does not really matter to the ignorant and arrogant westerners.
Only 300 million Americans matter.
Quote:
Originally Posted by Ariete
Alibaba is the ebay of China and Tencent is something like the former MSN messenger/blogspot/other social media provider. The benefit is that the Internet censorship is so tough in China, so these government-approved corporations get a semi-monopoly status just of being government-friendly.
No, nobody outside the Chinese world uses Alibaba or Tencent, they're just for the domestic market, like VKontakte (the Russian Facebook) is dominant only in the Russian-speaking world.
Of course you don't know. Americans do not really know anything outside theire country.
How about Lenovo, who bought part of IBM?
Quote:
Originally Posted by dunno what to put here
Not necessarily - Chinese labour is favoured because it is cheap. Only recently have most things been manufactured in China. We'd be fine without China - completely fine. The knowledge and expertise exists in Europe and North America, and the quality of the products would almost certainly be higher.
Never heard of them. They must only be valuable in China.
the Chinese speaking world is bigger than the English speaking world. end of story.
Quote:
Originally Posted by Ariete
Alibaba is the ebay of China and Tencent is something like the former MSN messenger/blogspot/other social media provider. The benefit is that the Internet censorship is so tough in China, so these government-approved corporations get a semi-monopoly status just of being government-friendly.
No, nobody outside the Chinese world uses Alibaba or Tencent, they're just for the domestic market, like VKontakte (the Russian Facebook) is dominant only in the Russian-speaking world.
Europeans rather live with Social Security than to earn a living. what a shame. They maintain their level of living standard simply by raising more and more debt. Is it Ponzi Scheme?
Quote:
Originally Posted by The Postman
Yeah but how many Europeans are willing to work for $1 an hour? Our consumeristic lifestyle basically depends on sweatshop wages...the entire re-creation of the huge manufacturing economy would take ages, it would turn the world upside down...
Europeans rather live with Social Security than to earn a living. what a shame. They maintain their level of living standard simply by raising more and more debt. Is it Ponzi Scheme?
lol....I hope you keep writing these little ditties as your triumphalism at the rise of china is pretty funny. Just for your information, social programs are funded out of the productivity of any population. Western societies substitute a little bit more pay for a little bit more security..but it all comes out of the production of goods/services. So no, it's not in a least a Ponzi scheme.
If it had been up to me, gen2010, I would not have allowed china to rise quite as quickly as it has done in the last 20 years. This rise has only benefited a relatively small minority of immensely wealthy people living in gated communities here while throwing out of work millions of workers and reduced the capacity of the state to provide social programs to its citizens. And for what, a $2.00 pair of tube socks??
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
