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haiguike

haiguike
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  • Elephant Vs. Dragon: The Political And Economic Prospects Of India And China [View article]
    "Chinese growth has been driven by US households, not by Chinese households."

    --- Therefore this statement above is not accurate.
    Jun 10 10:21 PM | Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Even in terms of purchasing power and cost of goods in real terms, the "lao bai xing" are doing better than they were 10 years ago. So yes, he will have to really further substantiate his viewpoint to make sense, but I do understand where he is going. He must be presenting his case based on the viewpoint of inequality.
    Jun 9 02:37 PM | Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Certainly, if you are looking at the real economy from the viewpoint of a "lao bai xing". However, your reasoning is not reasonable for appropriate fundamental analysis. From March 2008 to March 2009, the U.S. economy was at enormous negative real growth. Many others looked at from your viewpoint and missed out on the greatest investment opportunity of their lifetime.
    Jun 9 02:33 PM | Likes Like |Link to Comment
  • Michael Pettis: Hard Commodity Prices Will Continue To Fall With Decade-Long Chinese Slowdown [View article]
    "He will do for India what Deng Xioa Ping had done for China."

    --- Again, you're too optimistic on India. Turning one province around is not the same as turning all of India around. He would have to consolidate power and even throw his opponents in jail. It is true that they have China on their side.
    Jun 9 02:26 PM | Likes Like |Link to Comment
  • Michael Pettis: Hard Commodity Prices Will Continue To Fall With Decade-Long Chinese Slowdown [View article]
    You're too optimistic on India.
    Jun 9 03:43 AM | Likes Like |Link to Comment
  • With Economic Pressures Mounting, Expect A Year Of Transition In China [View article]
    I think where Ben Gee is getting at is where consumption GDP becomes at least 50% of overall GDP. That certainly will not happen anytime soon when China still has so much more for growth in various other areas of investment growth such as financials.
    Jun 8 10:30 PM | Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Taiwan is suppose to be developed whereas everyone in mainland China knows that the top government officials have amassed billions in wealth through corruption. Thank you for making my point for me.
    Jun 7 10:47 AM | Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    We can put a positive spin on Detroit too if we really tried. Yes, Chen Shui Bin. Isn't he that pro independence, ultra nationalist Taiwanese that stole billions from his own people?
    Jun 6 08:53 AM | Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Sure, you can have all of that AFTER the economic reforms. When you have democratic movements without the economic development, you get India, Thailand, Indonesia, and many countries in Africa.
    Jun 5 10:30 PM | Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    I have brokers and friends in Taiwan, so I do visit Taiwan. Brokers are fine because they're making money from the rich. My friends, the ones who regretfully aspired to be doctors and other honorable professions, tell me how awful it is in Taiwan. People are ignorantly snobbish, expects the best service, yet do not want to pay for anything. The streets and infrastructure are filthy. People are jobless and the ones that have work like the doctors are making very little. They hate it. They want to get out. Most are still ignorantly pompous when it comes to their attitude on mainland Chinese; however, that changes very quickly once they have visited mainland China. The ones that have are even considering moving to China.

    Mainland tourists visit Taiwan, but do they want to live there? Mainland tourists visit everywhere in Europe, U.S., Canada, Australia, Korea, Singapore, HK, and even Japan. Just name any country with even the tiniest attraction and you will see hordes of mainland Chinese tourists there.

    A lot of young Taiwanese girls who failed to become famous actresses now come to mainland China to work as "PR managers" in night clubs. I wonder why that is? Could it be that there are better opportunities and they are making much more money in mainland Chinese cities like Shanghai and Xiamen?

    Taiwan has no innovation and their manufacturing base have completely been replaced by mainland manufacturers. China now having rising companies such as Xiaomi, etc... The only industries left for Taiwan are pop singers and aspiring actors/actresses and perhaps Foxconn who uses almost all mainland Chinese labor.
    Jun 5 09:48 PM | 1 Like Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]

    Mongolia had a democratic revolution in 1990 where students such as Elbedorj (current president of Mongolia) organized a mass hunger strike (no different than Tienanmen). The communist party at the time resigned and refused to shed Mongolian blood. Look at where Mongolia is now. Look at where China is now.

    Lee Kuan Yew, one of the greatest and most brilliant authoritarian minds and leaders of all time, threw his political oppositions all in jail. Now look at Singapore.

    Japan, Taiwan and Korea started their economic development as a military dictatorship government.

    Deng is the mastermind as China's catalyst for economic development. China is very lucky to have a leader in President Xi Jinping who is trying to become Deng 2.0. China has not had such a powerful leader in Xi with so much public, PLA and CCP support since Deng. I would argue that Xi even has far more public support than Deng did. Deng controlled the Politburo, PLA and CCP, but he did not have much public support at the time. Xi has it all.

    The results are clear. Never has there ever been a country in the history of mankind that has gone through such a fast and remarkable period of development and growth that China has gone through in the past 25 years.
    Jun 5 01:09 PM | 3 Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Xi Jinping has an approval rating of 9%? Where are you getting this nonsense? Your friends in Berkeley?

    Oh boy, Xinjiang and Tibet... I knew it, you are a hippie from Berkeley. This conversation is no longer worthwhile. It's not even practical to have a debate.

    Commentators like you actually very much amuse me. At the same time, it has caused me to completely stop trying to respond to imbeciles sensibly and logically on SA, although I still see a few who waste their time trying.

    I just read your profile. I knew it! You are a political scientist/theorist! (A.K.A. academic wonderland)
    Jun 5 12:51 PM | 3 Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Finally, a sensible comment. Thank you, Christopher.
    Jun 5 11:21 AM | 1 Like Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Has your head been stuck in the sand for the past 10 years? Your response makes you sound like an academic or hippie living under a box in the U.S. where your only sources of information on China are through Fox, CNBC, etc...

    There are way over 1 million Taiwanese living in mainland China at the moment. Taiwan has been in a long term slump for a long time. Go visit there and you will see broken down infrastructure and young kids struggling to make ends meet. Many of these young Taiwanese are coming to China to work and practically ALL of Taiwan's entrepreneurs and business owners are intertwined with the mainland Chinese economy.

    Try again hippie.
    Jun 5 11:19 AM | 2 Likes Like |Link to Comment
  • Tiananmen 25 Years Later. I Was There. I Was Wrong [View article]
    Once again, white knight political scientists bringing up moral arguments to an article on economics. Don't you have some homeless people to save in San Francisco or Detroit?
    Jun 5 11:16 AM | 2 Likes Like |Link to Comment
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