150
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 Dec 2023
150 points (96.3% liked)
News
36628 readers
827 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Comparing numbers between drasticly different countries rarely makes sense. Americas rates work for America, china's rates work for China.
What is important is that its changing from what it has historically been comfortable at.
China’s system has a potential duality:
Everyone from the top to the bottom plays along when the pie is expanding, and endemic corruption can be treated as a predictable cost of doing business.
However, when the pie stops growing, there isn’t the level of contract assurance that other rich countries offer. The Pareto optimal competition between powerful interests once growth fully stalls will be very interesting to watch. Xi will have his hands full, picking winners and losers, and lots of billionaires and centimillionaires will head for the door, taking significant capital with them. Worse, foreign investment will tail off, and decreased predictability will cause foreign companies to look hard at production in other places. At the bottom of the economic ladder, corruption will be much more apparent and challenging.
Xi’s bet seems to be that he can use technological repression tools to manage discontent in a downturn. We’ll see; he may be right. If the Stasi had had access to Palantir, Israeli spy software, and Chinese hardware, Checkpoint Charlie might still be in place.