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The Hong Kong stock market is not "the Chinese stock market". It is part of it, but not the whole shebang. The Shanghai composite is still lower than the peaks of 2007, but China does not worship the stock market, or the super wealthy the way the USA does. If you are a billionaire in China, it can actually be a liability, as the paranoid power hungry CCP is often looking to assert it's dominance over the monied elites. They don't exist to prop up capital markets like in the west. Only use them to get what they want.
Quote:
Originally Posted by Kristinas_Cap
but at least they kept their population safe…right?? right???
They've kept their population in line and under their thumb. Don't pretend for a second that some people here wouldn't like to do that to our own people. In fact, they are working their tails off to import the Chinese system of rule here to the USA.
The Hong Kong stock market is not "the Chinese stock market". It is part of it, but not the whole shebang. The Shanghai composite is still lower than the peaks of 2007, but China does not worship the stock market, or the super wealthy the way the USA does. If you are a billionaire in China, it can actually be a liability, as the paranoid power hungry CCP is often looking to assert it's dominance over the monied elites. They don't exist to prop up capital markets like in the west. Only use them to get what they want.
They've kept their population in line and under their thumb. Don't pretend for a second that some people here wouldn't like to do that to our own people. In fact, they are working their tails off to import the Chinese system of rule here to the USA.
I've always wondered about all the talk about China becoming this financial powerhouse.
I've not kept close track of what's what, but the one child policy was clearly going to result in a lot more men than women and thus far fewer marriages and next generation children. How does a nation prosper with fewer and fewer young citizens and more and more old ones?
I've always wondered about all the talk about China becoming this financial powerhouse.
I've not kept close track of what's what, but the one child policy was clearly going to result in a lot more men than women and thus far fewer marriages and next generation children. How does a nation prosper with fewer and fewer young citizens and more and more old ones?
Much of the west is having similar concerns about declining population. In the USA, we mask it with lax immigration policies and quasi state approved illegal immigration. Europe opened the floodgates for "migrants" as well.
Marriage seems to be an institution in decline in much of the west, at least that's what it seems in the USA.
Much of the west is having similar concerns about declining population. In the USA, we mask it with lax immigration policies and quasi state approved illegal immigration. Europe opened the floodgates for "migrants" as well.
Marriage seems to be an institution in decline in much of the west, at least that's what it seems in the USA.
Having children is in decline. As women have more options, being a brood mare for a pack of kids becomes less and less appealing.
I've always wondered about all the talk about China becoming this financial powerhouse.
I've not kept close track of what's what, but the one child policy was clearly going to result in a lot more men than women and thus far fewer marriages and next generation children. How does a nation prosper with fewer and fewer young citizens and more and more old ones?
Short answer is that it doesn't.
China is at the beginning on an age based demographic free fall. I've heard estimates that China's population will halve sometime between 20250-2070 but they are facing a crisis borne of their 1 child policy where there will be far too few workers compared to retirees, this is going to bankrupt China.
It's quite shocking that the Chinese market is at 1997 price levels, this is because Chinese business operates on low profits with high volumes as other Asian nations tend to and that raises far too little capital to invest in critical things like research and development. Instead, they basically copy the technology of the USA and Europe.
I worked in China and enjoyed it there and don't look at China as an "enemy" and wish them more success at growing their economy, but they have huge hurdles to overcome in the coming years.
I worked in China and enjoyed it there and don't look at China as an "enemy" and wish them more success at growing their economy, but they have huge hurdles to overcome in the coming years.
They aren't an enemy as long as they get want they want.
At minimum they (the CCP) are thieves that steal technology and intellectual property.
China is at the beginning on an age based demographic free fall. I've heard estimates that China's population will halve sometime between 20250-2070 but they are facing a crisis borne of their 1 child policy where there will be far too few workers compared to retirees, this is going to bankrupt China.
It's quite shocking that the Chinese market is at 1997 price levels, this is because Chinese business operates on low profits with high volumes as other Asian nations tend to and that raises far too little capital to invest in critical things like research and development. Instead, they basically copy the technology of the USA and Europe.
I worked in China and enjoyed it there and don't look at China as an "enemy" and wish them more success at growing their economy, but they have huge hurdles to overcome in the coming years.
Well said.
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