The China Thread

[LaAguilaNegra]

They don't want 4 billion Chinese, they have deliberately reduced their population with the one child policy, they want 1 billion Chinese in their country. There is too many of them already. Without the 1 child policy their population would have swelled to 2.5-3 billion and the country would have collapsed under its own weight.

and their population has already been curtailed through the one child policy, they will drop to from 1.4 billion now down to 1 billion by the end of the century. The only wars China would engage in would be for Taiwan and their local Monroe Doctrine footprint in the South China Sea.

Out-BSing the CCP, Lil Coop's now officially in deep-fried peabrain territory. China faces an absolutely massive demographic crisis, and the hairdyed potbellied Politburo dinosaurs were alerted to that reality nearly a decade ago already. Meanwhile Coop's still here TrustThePlan-maxxing hoping his dwindling audience is so dumb that they'd actually buy the snake oil.

Quite literally everything in the quoted texts above is, per usual, made up on the fly aka a lie. The One Child Policy was not deliberate, it was imposed by the CCP's ((corporate masters)). The Chang leadership did not grand-plan a billion Chinese, you just pulled that random number out of your rear-end. China's population is not trajected to be a billion around 2100, it's falling of a cliff with the SASS forecasting a near 65 percent population loss by 2100. Likewise the CCP does not control China's demographic fate& future, its by now decade long pro-natalist policies have only backfired due to widespread (state nourished) feminist attitudes coupled with the effcects of the accelerating economic slowdown, ergo young Chinese girls abandoning traditional ideas on marriage, family planning and perceived societal duties.

Proof is in the pudding. Last year China's main statistic bureau, the Shanghai Academy of Social Sciences, revised China's projected population numbers yet again. This time China's population was estimated be 525 million in 2100 whereas two years ago it was projected to be 587 million. As China's birthrate keeps plummeting - on the current trajectory it will dip below 1 within 2 years, a couple more downward revisions are expected.





Overall the western China simps have a habit of unconsciously internalizing the CCP frame which depicts their leadership as wise, sage and deep strategic thinkers. In reality they're a bunch of geriatrics, neck deep in all sorts of shady dealings, often engaged in Byzantine party politics, morally corrupted, lacking foresight, and completely out of touch with commoners and society. Here again the proof is in the pudding. Was The Great Leap Forward thinking in decades or even centuries? What about the Cultural Revolution? The One Child Policy? Collectivized farming? Let’s go more modern. What about Zero Covid? Wolf Warrior Diplomacy? The Three Gorges Dam? Xi Jinping’s crackdown on the tech industry? The Chinese real estate market and debt based economy debacle?

 

[It_Is_My_Time]

Out-BSing the CCP, Lil Coop's now officially in deep-fried peabrain territory. China faces an absolutely massive demographic crisis, and the hairdyed potbellied Politburo dinosaurs were alerted to that reality nearly a decade ago already. Meanwhile Coop's still here TrustThePlan-maxxing hoping his dwindling audience is so dumb that they'd actually buy the snake oil.

Quite literally everything in the quoted texts above is, per usual, made up on the fly aka a lie. The One Child Policy was not deliberate, it was imposed by the CCP's ((corporate masters)). The Chang leadership did not grand-plan a billion Chinese, you just pulled that random number out of your rear-end. China's population is not trajected to be a billion around 2100, it's falling of a cliff with the SASS forecasting a near 65 percent population loss by 2100. Likewise the CCP does not control China's demographic fate& future, its by now decade long pro-natalist policies have only backfired due to widespread (state nourished) feminist attitudes coupled with the effcects of the accelerating economic slowdown, ergo young Chinese girls abandoning traditional ideas on marriage, family planning and perceived societal duties.

Proof is in the pudding. Last year China's main statistic bureau, the Shanghai Academy of Social Sciences, revised China's projected population numbers yet again. This time China's population was estimated be 525 million in 2100 whereas two years ago it was projected to be 587 million. As China's birthrate keeps plummeting - on the current trajectory it will dip below 1 within 2 years, a couple more downward revisions are expected.

View attachment 23128

View attachment 23129

Overall the western China simps have a habit of unconsciously internalizing the CCP frame which depicts their leadership as wise, sage and deep strategic thinkers. In reality they're a bunch of geriatrics, neck deep in all sorts of shady dealings, often engaged in Byzantine party politics, morally corrupted, lacking foresight, and completely out of touch with commoners and society. Here again the proof is in the pudding. Was The Great Leap Forward thinking in decades or even centuries? What about the Cultural Revolution? The One Child Policy? Collectivized farming? Let’s go more modern. What about Zero Covid? Wolf Warrior Diplomacy? The Three Gorges Dam? Xi Jinping’s crackdown on the tech industry? The Chinese real estate market and debt based economy debacle?

If they do this right, through eugenics, and prevent their low IQ from out-pacing their higher IQ, then this is a big win.

The number of people is not important today, as we have modern medicine and modern food production and modern convenience. It is about eugenics, and if China plays this towards Eugenics, and I suspect they will, this is a big win.

Whereas the west is self-destructing from dysgenics.

 

[Read_Lives_of_Saints]

Was The Great Leap Forward thinking in decades or even centuries? What about the Cultural Revolution? The One Child Policy? Collectivized farming? Let’s go more modern. What about Zero Covid? Wolf Warrior Diplomacy? The Three Gorges Dam? Xi Jinping’s crackdown on the tech industry? The Chinese real estate market and debt based economy debacle?

You're leaving out their success at obliterating the bird population of the entire country during Mao's Four Pests Campaign. For a few years during The Great Leap Forward, the Chinese used drums, fireworks, slingshots and other means to kill sparrows, but they apparently killed just about everything that flew.

I lived next to a massive 7 sq. mile (20 sq. km) park and there were almost no birds in it. Outside that park, you almost never saw a bird in China's 3rd largest city.

It doesn't take genius to destroy things, nor does it to allow multinational corporations to dictate that you can only have one child and initiate your demographic suicide.

 

[Cooper]

Out-BSing the CCP, Lil Coop's now officially in deep-fried peabrain territory. China faces an absolutely massive demographic crisis, and the hairdyed potbellied Politburo dinosaurs were alerted to that reality nearly a decade ago already. Meanwhile Coop's still here TrustThePlan-maxxing hoping his dwindling audience is so dumb that they'd actually buy the snake oil.

Quite literally everything in the quoted texts above is, per usual, made up on the fly aka a lie. The One Child Policy was not deliberate, it was imposed by the CCP's ((corporate masters)). The Chang leadership did not grand-plan a billion Chinese, you just pulled that random number out of your rear-end. China's population is not trajected to be a billion around 2100, it's falling of a cliff with the SASS forecasting a near 65 percent population loss by 2100. Likewise the CCP does not control China's demographic fate& future, its by now decade long pro-natalist policies have only backfired due to widespread (state nourished) feminist attitudes coupled with the effcects of the accelerating economic slowdown, ergo young Chinese girls abandoning traditional ideas on marriage, family planning and perceived societal duties.

Proof is in the pudding. Last year China's main statistic bureau, the Shanghai Academy of Social Sciences, revised China's projected population numbers yet again. This time China's population was estimated be 525 million in 2100 whereas two years ago it was projected to be 587 million. As China's birthrate keeps plummeting - on the current trajectory it will dip below 1 within 2 years, a couple more downward revisions are expected.


View attachment 23129

Overall the western China simps have a habit of unconsciously internalizing the CCP frame which depicts their leadership as wise, sage and deep strategic thinkers. In reality they're a bunch of geriatrics, neck deep in all sorts of shady dealings, often engaged in Byzantine party politics, morally corrupted, lacking foresight, and completely out of touch with commoners and society. Here again the proof is in the pudding. Was The Great Leap Forward thinking in decades or even centuries? What about the Cultural Revolution? The One Child Policy? Collectivized farming? Let’s go more modern. What about Zero Covid? Wolf Warrior Diplomacy? The Three Gorges Dam? Xi Jinping’s crackdown on the tech industry? The Chinese real estate market and debt based economy debacle?

Notice you haven't addressed my counterpoints on your retarded take about "crushing poverty" in China, a country with household cash assets of $22 trillion, you just ignored that and moved on to an equally dense take on Chinese demography. If there is one country in the industrialized world that can right the ship on its demography, it is China.

Japan, S. Korea and W. Europe are screwed, with Europe being devastated by ((Kalergist)) immigration. And btw, I don't recall you ever mentioning the origins and aims of that demographic attack on the West, you always cover for them while going on long tirades against Tucker Carlson, Candace or even righteous outspoken figures like Dan Bilzarian, who are single-handedly bringing about noticing on a mass scale.

China's population in 2100 will reflect the policies put in place in the next few decades by its leaders, and will definitely not experience the kind of Kalergi dilution that the West has been subjected to.

Let’s go more modern. What about Zero Covid? Wolf Warrior Diplomacy? The Three Gorges Dam? Xi Jinping’s crackdown on the tech industry? The Chinese real estate market and debt based economy debacle?

What's wrong with the Three Gorges Dam, did you just watch a Serpentza video telling you that is was some kind of a failure?? China has very low energy costs thanks to their having successfully built up a huge hydro, nuclear and conventional power infrastructure. It's kind of absurd to try to turn that into a policy failure.

China's "crackdown on the tech industry" is them putting their tech oligarchs in check, as opposed to the US where evil sociopaths people like Alex Karp, Sam Altman, Zuck and co are now running the country's control grid working hand in hand with the deep state.

This kind of stuff is not tolerated in China, one of the main reasons why they have been thriving:


China deliberately deflated their housing bubble and pushed their banks to finance industrial projects instead, which fueled the astonishing growth of their EV industry, a huge global success, as well as other cutting-edge value-added technology-driven industries like robotics, semiconductors, biotech etc. China has been pursuing a policy of industrial capitalism, as opposed to financial capitalism. These industries are the main reason their industrial output has grown by 6.2% this year alone, as reported in the BBC article posted above.

 

[Australia Sucks]

China's economy is currently growing at a rate of 5.2%, according to the BBC - this is what qualifies in LaNegra's hasbara as "crushing economic slump" :

Chinese GDP figures are fake and meaningless and this has been known for decades.

 

[Cooper]

Chinese GDP figures are fake and meaningless and this has been known for decades.

Chinese exports, trade balance, energy consumption, savings level and many other economic metrics are commensurate with their GDP figures.

If anything, their GDP today is most likely very understated, due to their underreporting of services, and even more so, their currency being highly undervalued. This all you can eat buffet in China below costs $2, its equivalent in the US would cost 15 times more, this gives you an idea about how undervalued their currency really is:


Also, China spends only 8% of its GDP on healthcare, vs 18% in the US.

My nephew had a compound fracture playing basketball in middle school, the total bill for his ambulance, operation and hospital stay was $45K. That's $45K added to the US GDP. The same operation in China might cost about $1K-$2K.

My cousin enrolled at Rice University, tuition $60K - that's $60K added to the US GDP. Tuition at top Chinese Universities is around $3.3k, almost 20 times cheaper, that's $56K less in the Chinese GDP.




American GDP numbers driven primarily by legal, managerial, rental, financial, and healthcare services, while the Chinese GDP is driven by manufacturing, exports, logistics, infrastructure. US GDP also uses imputed rent in its calculations, up to 10% of total GDP. If you own your house and don't pay rent, the GDP will still add the estimated rent of that house to its total.

 

[NSOE]

It's good to remember Hitler banned vivisection, most lab animals experience hell too in spite of the "regulations".

I don't even like fishing, since it's pulling an animal with a hook by its mouth- the Apostles used nets. Animals have no choice, but humans can decide on the ways of obtaining meat.

I'm not a bleeding heart, I don't mind some hardcore criminal, who I think deserves it, being hanged that way publicly to waste away in the elements and die after several days, It would be quite satisfying and fun to watch, but this isn't the Christian side of me speaking. So I take that back.

I saw some footage from Singapore in the 1980s, when bats were skinned, and grilled alive by a food cart owner.

8 Animals Eaten Alive in China – Graphic Content – China Underground

In Japan, Korea, Indonesia, Taiwan, Vietnam and even in China is considered delicious and synonymous of freshness eat alive animals.

china-underground.com

 

[expectation]

Chinese GDP figures are fake and meaningless and this has been known for decades.

Its so fake that both Trump Administrations felt that its economic threat was large enough to initiate both trade wars in hopes of reversing time to economics conditions of 1991-1993.

 

[Cooper]

Its so fake that both Trump Administrations felt that its economic threat was large enough to initiate both trade wars in hopes of reversing time to economics conditions of 1991-1993.

In 1997, Bessent tried to take down the Chinese economy as Soros' right hand man at the Quantum fund. They succeeded in destroying the currencies of several countries in the region including S. Korea, Thailand, Malaysia, Philippines and Indonesia by speculating and shorting their bonds and currency, making billions in the process. That episode was known as the 97 Asian financial crisis. Before that, they robbed the Bank of England in 1992 in a similar mass market manipulation, an inside job with the Rothschilds and co.

When they tried to do the same thing in Hong Kong, the Chinese central bank intervened and went all in in a high stakes poker faceoff, and didn't blink. Soros ended up losing billions in that gambit. The guy who oversaw China's defense was Bessent's counterpart in recent trade negotiations between the US and China...



"He’d cracked Thailand, Korea, Malaysia. Now he circled Hong Kong like a hawk over a limping rabbit.
The HK dollar peg looked ripe. The Hang Seng was bloated. Local tycoons were high on leverage.
He went in heavy—shorted the currency, shorted the stocks, waited for the panic.
The plan: spark capital flight, pressure the peg, profit from the chaos.
But Bessent forgot one thing. Hong Kong wasn’t alone anymore. It had just changed landlords.
The Chinese weren’t going to lose face one year after the Handover. Not to some hedge fund cowboy.
Beijing told the HKMA: do whatever it takes. So they did.
Interest rates shot up to 280%. Stock buybacks. Reserve firepower. Market manipulation? Maybe. But effective? Absolutely.
Bessent’s shorts got crushed. His carry trades incinerated. Hong Kong held the line.
He had walked into a financial ambush. The CCP’s first war on Wall Street ended in blood—and not theirs. "

 

[expectation]

In 1997, Bessent tried to take down the Chinese economy as Soros' right hand man at the Quantum fund. They succeeded in destroying the currencies of several countries in the region including S. Korea, Thailand, Malaysia, Philippines and Indonesia by speculating and shorting their bonds and currency, making billions in the process. That episode was known as the 97 Asian financial crisis. Before that, they robbed the Bank of England in 1992 in a similar mass market manipulation, an inside job with the Rothschilds and co.

When they tried to do the same thing in Hong Kong, the Chinese central bank intervened and went all in in a high stakes poker faceoff, and didn't blink. Soros ended up losing billions in that gambit. The guy who oversaw China's defense was Bessent's counterpart in recent trade negotiations between the US and China...



"He’d cracked Thailand, Korea, Malaysia. Now he circled Hong Kong like a hawk over a limping rabbit.
The HK dollar peg looked ripe. The Hang Seng was bloated. Local tycoons were high on leverage.
He went in heavy—shorted the currency, shorted the stocks, waited for the panic.
The plan: spark capital flight, pressure the peg, profit from the chaos.
But Bessent forgot one thing. Hong Kong wasn’t alone anymore. It had just changed landlords.
The Chinese weren’t going to lose face one year after the Handover. Not to some hedge fund cowboy.
Beijing told the HKMA: do whatever it takes. So they did.
Interest rates shot up to 280%. Stock buybacks. Reserve firepower. Market manipulation? Maybe. But effective? Absolutely.
Bessent’s shorts got crushed. His carry trades incinerated. Hong Kong held the line.
He had walked into a financial ambush. The CCP’s first war on Wall Street ended in blood—and not theirs. "

Kyle Bass (Hayman Capital) also tried to short the HKD-USD peg during the HK Protest later on using some of the money that Steve Bannon & Miles Guo (Guo Wengui) scammed from the Chinese-American community to push Chinese dissident news in 2020 hoping the Hong Kong Protest would be successful.

He lost 95% of $30 million USD from the HKD short.

 

[Read_Lives_of_Saints]

I saw some footage from Singapore in the 1980s, when bats were skinned, and grilled alive by a food cart owner.

8 Animals Eaten Alive in China – Graphic Content – China Underground

In Japan, Korea, Indonesia, Taiwan, Vietnam and even in China is considered delicious and synonymous of freshness eat alive animals.

china-underground.com

I saw much worse when I was in China. Much, much worse.

Taiwan man arrested over roasted human fetuses - UPI.com

Police say a man caught in Bangkok with six fetuses that had been roasted and covered in gold leaf said he intended to sell them for use in Thai rituals.

www.upi.com

Thailand police find 2,000 foetuses in temple

Thai police say they have found the remains of more than 2,000 foetuses, thought to be from illegal abortions, at a Buddhist temple in Bangkok.

www.bbc.com

 

[Australia Sucks]

Chinese exports, trade balance, energy consumption, savings level and many other economic metrics are commensurate with their GDP figures.

If anything, their GDP today is most likely very understated, due to their underreporting of services, and even more so, their currency being highly undervalued. This all you can eat buffet in China below costs $2, its equivalent in the US would cost 15 times more, this gives you an idea about how undervalued their currency really is:


Also, China spends only 8% of its GDP on healthcare, vs 18% in the US.

My nephew had a compound fracture playing basketball in middle school, the total bill for his ambulance, operation and hospital stay was $45K. That's $45K added to the US GDP. The same operation in China might cost about $1K-$2K.

My cousin enrolled at Rice University, tuition $60K - that's $60K added to the US GDP. Tuition at top Chinese Universities is around $3.3k, almost 20 times cheaper, that's $56K less in the Chinese GDP.




American GDP numbers driven primarily by legal, managerial, rental, financial, and healthcare services, while the Chinese GDP is driven by manufacturing, exports, logistics, infrastructure. US GDP also uses imputed rent in its calculations, up to 10% of total GDP. If you own your house and don't pay rent, the GDP will still add the estimated rent of that house to its total.

It doesn't matter what country you are in but if there is an all you can eat buffet that has meat in it and costs less than $2 USD I would not trust it at all......Who the hell knows what are in those foods. I have been to plenty of cheap countries including Colombia, Peru, Vietnam, Indonesia (Bali), Mexico, etc and I never personally saw any all you can eat buffets for $2 USD that contain meat dishes.

And China has been known to build huge ghost cities and empty bullet trains to minor cities to goose up GDP. China's GDP is far more exaggerated than any western country. There are 65 million empty apartments and houses in China's ghost cities.

Also a lot of vacant offices and shops in China, according to AI google search results:

"There are no exact current figures for empty shopping centres and offices in China, but a report from October 2024 indicates significant vacancy rates in major cities like Beijing (20.6%) and Shanghai (21.5%), with some suburban districts like Tongzhou showing even higher rates (65%). Vacancy rates are the highest in at least 15 years for Beijing and about two decades for Shanghai, with rising supply expected to push these figures even higher.

City-wide office vacancies jumped to 20.6% in the second quarter of 2024, the highest in at least 15 years.

Office vacancies climbed to 21.5% in the third quarter of 2024, the highest in approximately two decades.

A suburban financial district in Beijing has seen extremely high vacancies at 65%."

China keeps building empty buildings, empty bullet trains, producing a glut of loss making widgets etc just to keep people employed. Eventually there will be a debt apocalypse in the Chinese economy. They will keep kicking the can down the road but it will happen within the next 20 years."

And below this is an article from an article from the Economist magazine in August 2024:

"The glut in industrial production is not limited to EVs. About 30% of industrial firms were loss-making at the end of June, rising above the previous recorded peak during the Asian financial crisis in 1998, according to the National Bureau of Statistics (see chart)."

So China has huge industrial overproduction and many of its manufacturers are being directed to produce products at a loss. This is not capitalism. They are just producing stuff unproductively for the sake of creating zombie jobs to keep the plebs from revolting.

 

[Cooper]

It doesn't matter what country you are in but if there is an all you can eat buffet that has meat in it and costs less than $2 USD I would not trust it at all......Who the hell knows what are in those foods. I have been to plenty of cheap countries including Colombia, Peru, Vietnam, Indonesia (Bali), Mexico, etc and I never personally saw any all you can eat buffets for $2 USD that contain meat dishes.

China has lower agricultural production costs than most of these countries because they have a better infrastructure, cheaper transport, fertilizer, energy costs etc. Many parts of China have had agricultural surpluses, this might be a case of an establishment having access to bottom-rate/surplus farmers markets. The woman who made that video is an experienced foodie, she should know if the chicken in that buffet isn't chicken.

And China has been known to build huge ghost cities and empty bullet trains to minor cities to goose up GDP. China's GDP is far more exaggerated than any western country. There are 65 million empty apartments and houses in China's ghost cities.

Bullet trains to minor cities promote economic development in those cities, and once these lines are built, they no longer contribute to the GDP figures so they can't "goose it up". Bullet trains are profitable on lines between big cities, which subsidize the less popular ones. But the economic externalities alone justify that project.

65 million empty apartments is about 10% of their housing stock, most of these are in new cities and developments. Oversupply keeps housing costs low, it would have been a great problem to have in the West and in the US, where only 12% of 30yo are homeowners.

Also a lot of vacant offices and shops in China, according to AI google search results:

"There are no exact current figures for empty shopping centres and offices in China, but a report from October 2024 indicates significant vacancy rates in major cities like Beijing (20.6%) and Shanghai (21.5%), with some suburban districts like Tongzhou showing even higher rates (65%). Vacancy rates are the highest in at least 15 years for Beijing and about two decades for Shanghai, with rising supply expected to push these figures even higher.

City-wide office vacancies jumped to 20.6% in the second quarter of 2024, the highest in at least 15 years.

Office vacancies climbed to 21.5% in the third quarter of 2024, the highest in approximately two decades.

Same commercial vacancy percentage as in the US, where it's a bigger problem due to greater financial leverage in the banking industry and permanent reduction in demand due to remote work now being widespread. In China their service sector is still relatively young and growing.

China keeps building empty buildings, empty bullet trains, producing a glut of loss making widgets etc just to keep people employed. Eventually there will be a debt apocalypse in the Chinese economy. They will keep kicking the can down the road but it will happen within the next 20 years."

And below this is an article from an article from the Economist magazine in August 2024:

"The glut in industrial production is not limited to EVs. About 30% of industrial firms were loss-making at the end of June, rising above the previous recorded peak during the Asian financial crisis in 1998, according to the National Bureau of Statistics (see chart)."

So China has huge industrial overproduction and many of its manufacturers are being directed to produce products at a loss. This is not capitalism. They are just producing stuff unproductively for the sake of creating zombie jobs to keep the plebs from revolting.

30% is a reasonable number, normal churn in a competitive market, bearing in mind that many of those companies build up their market share in anticipation of future profits. Companies like Amazon, Uber, Google etc didn't make any profits their first decade.

 

[Australia Sucks]

Companies like Amazon, Uber, Google etc didn't make any profits their first decade.

You cannot compare Amazon startup losses to a loss making steel mill. That is comparing apples and oranges. Software companies the goal is to gain market share because of network effects then you become super profitable. Manufacturing companies don’t generally operate in that way. Sometimes there are exceptions like Tesla but in general in manufacturing losses are a very bad sign.

 

[Read_Lives_of_Saints]

China has lower agricultural production costs than most of these countries because they have a better infrastructure, cheaper transport, fertilizer, energy costs etc.

You are shoe-horning many assumptions and generalities into something you don't have experience with. What actually are China's agricultural productions costs? I don't know and neither do you, but I do know that I began to get ill from cheap Chinese food after about four years of living there and stopped eating at those places. Within a few years, I stopped eating at any Chinese restaurants almost completely and life was much better. It was reported often that their veggies were over-saturated with pesticides, so maybe that's what got me, but I also believe it was the cheap cookware and gutter oil.

The woman who made that video is an experienced foodie, she should know if the chicken in that buffet isn't chicken.

China is renowned for its fake food. The examples are prolific and new ones surface all the time, while customers rarely know if what they're eating is fake. Do I really need to post videos here of all the fake food in China? Or their other food related scams?

Many parts of China have had agricultural surpluses, this might be a case of an establishment having access to bottom-rate/surplus farmers markets.

What nonsense is this? Some vague claim about the largest country in the world having a surplus somewhere?

The $2 all you can eat and the other great looking all you can eat buffets that were posted some months ago are totally unexplained. These are not normal prices and they would be impossible to sustain.

This video is a couple of weeks old about the worst, cheapest neighborhood in Guangzhou, called San Yuan Li 三元里 (time stamp 27 min, 45 sec), that is about to be demolished, and a shitty meal at the cheapest imaginable hole in the wall "restaurant" costs more than 30 RMB ($5). The dish is mystery meat, two eggs, cucumbers and rice. I lived one major street away from that neighborhood and have eaten there and nearby many times. In 2005 this meal would have cost no more than 10 RMB, just to give an example of the inflation in the past 20 years.



Look at the prices on this menu, they're 18 - 30 RMB for simple dishes in a place with minimal overheard, but you think you can get a great all you can eat buffet for 14 RMB ($2 USD) in a nice, shiny restaurant because 2000 KM away there was a surplus of bok choi? Utter nonsense.

 

[Cooper]

You cannot compare Amazon startup losses to a loss making steel mill. That is comparing apples and oranges. Software companies the goal is to gain market share because of network effects then you become super profitable. Manufacturing companies don’t generally operate in that way. Sometimes there are exceptions like Tesla but in general in manufacturing losses are a very bad sign.

They do in the initial stages of an industry when they are competing for market share, as is the case in the Chinese EV industry for example. Pringles chips, a P&G product, took decades before it became profitable.

What also helps create this situation in China is that the cost of capital is low, as well as the cost of inputs like energy, raw materials, buildings etc.

 

[Cooper]

You are shoe-horning many assumptions and generalities into something you don't have experience with. What actually are China's agricultural productions costs? I don't know and neither do you, but I do know that I began to get ill from cheap Chinese food after about four years of living there and stopped eating at those places. Within a few years, I stopped eating at any Chinese restaurants almost completely and life was much better. It was reported often that their veggies were over-saturated with pesticides, so maybe that's what got me, but I also believe it was the cheap cookware and gutter oil.

China is renowned for its fake food. The examples are prolific and new ones surface all the time, while customers rarely know if what they're eating is fake. Do I really need to post videos here of all the fake food in China? Or their other food related scams?

What nonsense is this? Some vague claim about the largest country in the world having a surplus somewhere?

The $2 all you can eat and the other great looking all you can eat buffets that were posted some months ago are totally unexplained. These are not normal prices and they would be impossible to sustain.

Are you saying that the video and receipts shown are fake? We can speculate about how or why their buffet price is so low, perhaps it's in a region with a smaller population and high agricultural output, with large stocks available locally. But the prices are real, and the buffet is there for you to see on the video, made by a reliable foodie vlogger.

That place had very high turnover and volume, not like the hole in the wall mom and pop place in Guangzhou that you used as an example.

This video is a couple of weeks old about the worst, cheapest neighborhood in Guangzhou, called San Yuan Li 三元里 (time stamp 27 min, 45 sec), that is about to be demolished, and a shitty meal at the cheapest imaginable hole in the wall "restaurant" costs more than 30 RMB ($5). The dish is mystery meat, two eggs, cucumbers and rice. I lived one major street away from that neighborhood and have eaten there and nearby many times. In 2005 this meal would have cost no more than 10 RMB, just to give an example of the inflation in the past 20 years.

Look at the prices on this menu, they're 18 - 30 RMB for simple dishes in a place with minimal overheard, but you think you can get a great all you can eat buffet for 14 RMB ($2 USD) in a nice, shiny restaurant because 2000 KM away there was a surplus of bok choi? Utter nonsense.

Food prices went up 3x, but salaries in the big coastal cities went up nearly 10x in that same time period.

 

[Read_Lives_of_Saints]

Are you saying that the video and receipts shown are fake?

I'm saying that those prices are not normal and impossible to sustain. There must be some explanation for why they were so low that is not provided in the video.

Food prices went up 3x, but salaries in the big coastal cities went up nearly 10x in that same time period.

10x? Source? Which jobs? This does not sound even close to being right to me.

When I moved to Guangzhou in 2005, the salary for a college graduate in most white collar jobs was 3,000 RMB/month, although most grads I knew could not find those jobs, and the salary was about the same for some factory workers, but not all, which was from my personal knowledge of a handful of factory owners and workers.

By the time I left in 2018, it had risen to 4500-6000 RMB/month for factory workers or white collar for those I knew about. I think there was some increase above 6,000 RMB in certain white collar jobs above that, but those jobs were still in short supply, while the vast majority of other jobs were increasing their hours, so a lot of jobs' real wages were not increasing arithmetically just on that factor.

 

[Cooper]

I'm saying that those prices are not normal and impossible to sustain. There must be some explanation for why they were so low that is not provided in the video.

Agreed, they might raise their prices eventually, but we don't really have much information besides what is shown in the video.

10x? Source? Which jobs? This does not sound even close to being right to me.

When I moved to Guangzhou in 2005, the salary for a college graduate in most white collar jobs was 3,000 RMB/month, although most grads I knew could not find those jobs, and the salary was about the same for some factory workers, but not all, which was from my personal knowledge of a handful of factory owners and workers.

By the time I left in 2018, it had risen to 4500-6000 RMB/month for factory workers or white collar for those I knew about. I think there was some increase above 6,000 RMB in certain white collar jobs above that, but those jobs were still in short supply, while the vast majority of other jobs were increasing their hours, so a lot of jobs' real wages were not increasing arithmetically just on that factor.

 

[Cooper]

From that same aussie vlogger, Blondie in China, this is a good side by side price comparison, apples to apples, of the same dishes from restaurants from the same franchise in China vs Australia: