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submitted 1 month ago by MicroWave@lemmy.world to c/world@lemmy.world

A top economist has joined the growing list of China's elite to have disappeared from public life after criticizing Xi Jinping, according to The Wall Street Journal. 

Zhu Hengpeng served as deputy director of the Institute of Economics at the Chinese Academy of Social Sciences (CASS) for around a decade.

CASS is a state research think tank that reports directly to China's cabinet. Chen Daoyin, a former associate professor at Shanghai University of Political Science and Law, described it as a "body to formulate party ideology to support the leadership."

According to the Journal, the 55-year-old disappeared shortly after remarking on China's sluggish economy and criticizing Xi's leadership in a private group on WeChat.

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[-] cygnus@lemmy.ca 155 points 1 month ago* (last edited 1 month ago)

If you think the Chinese economy is bad now, wait 15 years. No amount of sending economists to the gulag will hide this disaster.

Edit: tankie downvotes are like nectar of the gods to me. Your precious CCP will wither like a plant in the desert.

[-] ThirdWorldOrder@lemm.ee 68 points 1 month ago* (last edited 1 month ago)

I’ve already been banned from Hexbear. Bunch of assclowns over there.

Edit: and now lemmygrad

[-] ThirdWorldOrder@lemm.ee 23 points 1 month ago
[-] barsquid@lemmy.world 19 points 1 month ago

That's easy mode, since Rule 2 is basically "don't write a fact about China."

[-] ThirdWorldOrder@lemm.ee 7 points 1 month ago

Well damn, I’ll try harder next time.

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[-] Shard@lemmy.world 15 points 1 month ago

Arbitrary bans from overly sensitive mods? Straight to Jail.

Made a comment about tankies in lemmy getting mad over some news about China getting hit with influence ops by the US. Believe it or not, ban.

[-] ThirdWorldOrder@lemm.ee 11 points 1 month ago

It’s okay man, it takes me a few seconds to scroll through all my bans. It’s funny because all these pro China dweebs are living in the USA. Can’t even commit to the bit and just sit there all day posting anti USA or western stuff. They are obnoxious.

[-] barsquid@lemmy.world 12 points 1 month ago

They are privileged children sheltered from reality by mommy and daddy's money.

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[-] Geometrinen_Gepardi@sopuli.xyz 31 points 1 month ago

What a stark example of Mao's legacy (look at the dip between ages 60 and 65).

[-] volodya_ilich@lemm.ee 18 points 1 month ago

Who thinks Chinese economy is bad now??

[-] UnderpantsWeevil@lemmy.world 6 points 1 month ago* (last edited 1 month ago)

92 upvotes would suggest a lot of people.

But everything you could say about China rings just as true in Europe, in Japan and Korea, in India, in Russia...

Global populations are heading for a heavy sag, but westerners only know how to heckle the Evil Foreigners.

[-] volodya_ilich@lemm.ee 4 points 1 month ago

Funny because I'm European, and the GDP per capita levels of most EU countries are at 2008 levels.

As for a population pyramid, China will face the same problem as other countries as you say, possibly more magnified.

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[-] Arn_Thor@feddit.uk 3 points 1 month ago* (last edited 1 month ago)

Lots of people, especially the Chinese. The sentiment about work, investment, economic prospects, consumption are all quite bad. The central bank is cutting rates. Just today the government dipped their toes into the helicopter money game. The only thing keeping the party going is exports

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[-] apfelwoiSchoppen@lemmy.world 11 points 1 month ago

What is this supposed to show?

[-] cygnus@lemmy.ca 30 points 1 month ago

This is what a healthy population looks like:

[-] HobbitFoot@thelemmy.club 58 points 1 month ago

Even then, it isn't healthy, just healthier. The USA is still going to going to experience economic issues of a growing elderly population, it just won't be as bad.

[-] cygnus@lemmy.ca 36 points 1 month ago

The US have the benefit of essentially limitless immigration that they can adjust at will. On the other hand, China's leadership, being Han supremacist, is not receptive to immigration at all.

[-] HobbitFoot@thelemmy.club 9 points 1 month ago

Immigration definitely helps, especially compared to China. I'm just noting that there will still be some decrease in the ratio of retired workers to current workers.

[-] UnderpantsWeevil@lemmy.world 5 points 1 month ago* (last edited 1 month ago)

The US have the benefit of essentially limitless immigration

glances at US immigration policy

Does it?

China’s leadership, being Han supremacist, is not receptive to immigration at all.

Wit drier than a lint trap.

[-] cygnus@lemmy.ca 6 points 1 month ago

Coming from one of the foremost resident tankies here, that's a glowing compliment. Thank you.

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[-] Ferrous@lemmy.ml 4 points 1 month ago

Have you.... have you seen how Americans have been talking about the border? Especially this election cycle? I don't know if would characterize either party's constituencies as "receptive".

[-] Zorque@lemmy.world 18 points 1 month ago

You realize there's more to immigration than the border between Mexico and the US, right?

I know they ignore it, but you don't have to follow along with them.

[-] NOT_RICK@lemmy.world 9 points 1 month ago

50 million immigrants in the US, and that data is 5 years old. Germany comes in second with 13 million. It’s not even close. I don’t see how a demographic crisis could happen, even if they hypothetically cut immigration in half

[-] SlopppyEngineer@lemmy.world 17 points 1 month ago

It's all talk. Corpos crave dirt cheap desperate immigrant workers and will make sure neither party messes this up.

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[-] Shard@lemmy.world 14 points 1 month ago* (last edited 1 month ago)

This is the new normal for highly developed economies. The best they can hope for is a 1 to 1 replacement of their population. We're not likely to see another baby boom occur.

We're not going to see a typical population pyramid any more. Because that means a large infant death rate and either war, disasters or a massive suicide epidemic cutting away the young adult population to get the pyramid shape.

[-] zbyte64@awful.systems 8 points 1 month ago

Given that the amount of habitable land will decrease causing mass migrations, you don't need a 1 to 1 ratio to maintain a population size.

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[-] expatriado@lemmy.world 8 points 1 month ago
[-] cygnus@lemmy.ca 20 points 1 month ago

Basically, yes. The sides are nearly parallel, which is great. Compare with China's, which forms a steep V. Once GenX hits retirement age they are completely screwed. The CCP's recent push for "traditional family values" and increased birth rates is no coincidence.

[-] Eheran@lemmy.world 13 points 1 month ago

The birthing rates are only dropping, in 15 years all of those people will be to old to work but there are not nearly enough to replace them.

[-] apfelwoiSchoppen@lemmy.world 5 points 1 month ago

Thank you for the clarification.

[-] Teils13@lemmy.eco.br 2 points 1 month ago

Sure, China will certainly collapse, as they have said since the 1990s.

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this post was submitted on 24 Sep 2024
668 points (97.9% liked)

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