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#461 Traveler

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Posted 04 October 2019 - 04:08 PM

I find myself surprised to say that I think the demonstrators are wearing out their welcome. That guy out of a group of 10 or so that attacked the lone policeman with an iron bar and got shot for his efforts suggests some overkill. This wont end well if that keeps up. Of course, the mainlanders and their triad thugs brought that on themselves. But this mayhem has gone too far IMO. Time to throttle down to good old passive resistance. No need for inflammatory moves anymore. But Lam issueing that decree is just going to inflame them more. Not good.
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#462 AnBr

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Posted 04 October 2019 - 04:46 PM

View PostTraveler, on 04 October 2019 - 04:08 PM, said:

I find myself surprised to say that I think the demonstrators are wearing out their welcome. That guy out of a group of 10 or so that attacked the lone policeman with an iron bar and got shot for his efforts suggests some overkill. This wont end well if that keeps up. Of course, the mainlanders and their triad thugs brought that on themselves. But this mayhem has gone too far IMO. Time to throttle down to good old passive resistance. No need for inflammatory moves anymore. But Lam issueing that decree is just going to inflame them more. Not good.

Outside agitator? Not suggesting the likelihood of it, just that you cannot always take things at face value, especially with anything out of China.
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#463 D. C. Sessions

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Posted 15 November 2019 - 07:39 PM

Here's Boing Boing, with cites to Lawfare:


Quote

A new post on the site describes the consequences of a sharp downturn in the Chinese economy: a new mood among many Chinese businesspeople that they are at the end of the long Chinese boom and that there's no reason not to burn their bridges with non-Chinese firms, because they're not going to be doing business with them for much longer no matter what.

The site's author, Dan Harris, compares the mood in China today with the situation in Russia in the 1990s, when outside businesses would get repeatedly ripped off by their Russian partners, and would go away mystified that these partners would take the short term payouts of burning a foreign partner, at the expense of the much larger upside they could realize from an ongoing arrangement. For these Russian entrepreneur/bandits, Harris says, "They do not believe they will be able to operate freely five years or even one year from now. So though you see them as having irrationally sacrificed massive long term gains for much smaller short term rewards, they see themselves as having quite rationally grabbed what they could while it was still there."

Elsewhere, the excerpt comments on importers who order Chinese-made branded products only to find that the full orders that arrive are junk and that their contract manufacturers have locked up the importers' trademarks so that they can't even change sources. (Which, from a very small personal sample, I can believe.)

If -- big IF -- this is actually what's going on, if it's about to become unhealthy to do business in (or with) China for outsiders, then I can see the next recession triggering and being amplified by a bunch of other shocks, with a mass exodus from China perhaps topping the list.

I'm very interested to see what the more seasoned China hands have to say.
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