Recent submissions

Comment · 2 years ago
Comment · 2 years ago
no profits involved in the moon effort, was not competing with any private enterprise at that time
Comment · 2 years ago
Sure, then by all means share your evidence or data for a successful foreign state owned enterprise vs private enterprises in that country and other countries
Comment · 2 years ago
Sure, then by all means share your evidence or data for a successful state owned enterprise vs private enterprises
Comment · 2 years ago
It's a bit hilarious that there are attempts to convince people on a board for hackers and startup founders that state owned enterprises are great and amazing!!
Comment · 2 years ago
Exactly. The OP didn't know any English teachers in China, or else they can verify that Chinese workers in private enterprises nap on the job/play on their phone/waste a ton of time, to get through the long working hours.
Comment · 2 years ago
BYD is not a Chinese state enterprise...yet. And yeah, I'm not worried.

Nio Loses $35,000 A Car. https://www.carscoops.com/2023/10/nio-loses-35000-a-car-that...

BYD lost its EV crown to Tesla after just one quarter as China’s EV market slumps https://fortune.com/asia/2024/04/03/byd-loses-ev-crown-to-te...

The EU just got a step closer to hitting Chinese EVs with additional tariffs—and may even apply them retroactively https://fortune.com/2024/03/07/eu-nears-hitting-chinese-evs-...

Comment · 2 years ago
No state owned enterprises in the history of the world has the quality you've just described - fiercely competitive, nationalistic pride, desperation.

China is now Soviet Union, but with horrendous demographics, mind-numbing debt, and wealth flooding out of the country. China is old and broke. China is fucked.

Comment · 2 years ago
Comment · 2 years ago
Comment · 2 years ago
The last blurb in the article is the most damning part.

"Ma spends much of his time abroad, especially in Japan where he is a visiting professor at Tokyo College, a research institute run by the University of Tokyo"

Jack Ma has no hope for China, as evident by his action. The long internal post may have been requested by the Chinese government, or his staff, to somehow rally Alibaba's failing image. But Jack sees the real pictures on the ground in China. And he chooses Japan.

And the young in China knows it too. That's why the young are laying flat. and sneaking through Mexico into US. and fleeing to Cambodia and Myanmar for work.

Comment · 2 years ago
Sure, that happened with Europe, when Europeans laughed at trump wanting to terminate nato for not contributing to their promised defense spending. then Russia attacked. Europeans are now firmly allied with US against Russia and China.

When China attacks Australia again, either via a trade war again, or a territory war like Chinese ships water torpedoing Philippine ships or China killing Indian soldiers, perhaps Australians will then change their mind, at least the ones that had dollar signs only in their head.

People respected Australia before for standing up to China and calling China out for covid origins.

Comment · 2 years ago
well, Australians should care. Australia is part of aukus which is security pact along with US and UK meant to push back against China. Less they've forgotten, Australia was engaged with trade war with China earlier when China slapped unreasonable tariffs on Australia due to Australia wanting to investigate the origin of covid that killed thousands of Australians.

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