UN assembly in China

[ftan42]

Wand Yi opening speech indirectly directed at US about
Unilateralism and Hegemony, Threat Perception, Multilateralism vs. Unilateralism, and Historical Inevitability
China's State Councilor Wang Yi has criticized the United States for its unilateral actions, including imposing sanctions and abusing trade processes. He argues that these actions hinder relations and promote a "campaign against China's normal trade, economic and technological activities." In contrast, Wang Yi promotes multilateralism as an alternative to US unilateral approaches. He believes that "unilateralism and protectionism are bound to be crushed by the wheels of history," suggesting that US policies will ultimately fail.

 

[syed putra]

I love china

 

[superpower]

China is actually more capitalist than the US... dog-eat-dog capitalism. One upside of the US tariffs is that both the Chinese govt and industries will have to rein in this problem if businesses are to survive.

---

https://www.magzter.com/stories/new...5bl2DdjN9IDP41WC77IPHqmG33RF_4pFOpT9cWXu077wN

China's problem with competition is that there's too much of it​

The Straits Times

|
July 23, 2025
Beijing's efforts to tackle 'neijuan' face new urgency as tariffs discourage exports to US

- Daisuke Wakabayashi

TIANJIN, China - It is the circle of life in China's business world. A promising technology or product emerges. Chinese manufacturers, by the dozens or sometimes the hundreds, storm into that nascent sector. They ramp up production and drive down costs.

As the overall market grows, the competition becomes increasingly cut-throat, with rival companies undercutting one another and enduring razor-thin profit margins or even losses in the hope of outlasting the field.

Adding to the competitive fervour, China's local governments, each with its own target for economic and job growth, back a home-grown champion and shower it with financial and bureaucratic support.

Soon, the whole industry, awash in production capacity, is trapped in a race for survival.

While most governments encourage vigorous competition and low prices, China is going in the opposite direction. It is trying to rein in "involution" - or "neijuan", as it is widely used in the country to describe a self-defeating cycle of excessive competition and damaging deflation.

Chinese President Xi Jinping pledged to take steps to crack down on "low price and disorderly competition" and eliminate outdated industrial capacity at a high-level economic policy meeting in July.

At another recent gathering, on urban development, Mr Xi questioned whether every province needed to rush into sectors such as artificial intelligence and electric cars.

"Price wars and 'involutionary' competition will only encourage 'bad money driving out good money', wrote the People's Daily, the official mouthpiece of the Communist Party of China. "Simply 'rolling' prices downward will not result in a winner."

China's efforts to tackle involution face new urgency as President Donald Trump's tariffs discourage exports to the US.

 

[syed putra]

China is actually more capitalist than the US... dog-eat-dog capitalism. One upside of the US tariffs is that both the Chinese govt and industries will have to rein in this problem if businesses are to survive.

---

https://www.magzter.com/stories/new...5bl2DdjN9IDP41WC77IPHqmG33RF_4pFOpT9cWXu077wN

China's problem with competition is that there's too much of it​

The Straits Times

|
July 23, 2025
Beijing's efforts to tackle 'neijuan' face new urgency as tariffs discourage exports to US

- Daisuke Wakabayashi

TIANJIN, China - It is the circle of life in China's business world. A promising technology or product emerges. Chinese manufacturers, by the dozens or sometimes the hundreds, storm into that nascent sector. They ramp up production and drive down costs.

As the overall market grows, the competition becomes increasingly cut-throat, with rival companies undercutting one another and enduring razor-thin profit margins or even losses in the hope of outlasting the field.

Adding to the competitive fervour, China's local governments, each with its own target for economic and job growth, back a home-grown champion and shower it with financial and bureaucratic support.

Soon, the whole industry, awash in production capacity, is trapped in a race for survival.

While most governments encourage vigorous competition and low prices, China is going in the opposite direction. It is trying to rein in "involution" - or "neijuan", as it is widely used in the country to describe a self-defeating cycle of excessive competition and damaging deflation.

Chinese President Xi Jinping pledged to take steps to crack down on "low price and disorderly competition" and eliminate outdated industrial capacity at a high-level economic policy meeting in July.

At another recent gathering, on urban development, Mr Xi questioned whether every province needed to rush into sectors such as artificial intelligence and electric cars.

"Price wars and 'involutionary' competition will only encourage 'bad money driving out good money', wrote the People's Daily, the official mouthpiece of the Communist Party of China. "Simply 'rolling' prices downward will not result in a winner."

China's efforts to tackle involution face new urgency as President Donald Trump's tariffs discourage exports to the US.

Each Industrial province in china is like a country by itself.
If they say California by itself is 6th biggest economy, as big as France, or 6 times bigger than sinkie, the Shanghai or bay Area or beijing- Tianjin economy is just as big.

 

[eatshitndie]

Each Industrial province in china is like a country by itself.
If they say California by itself is 6th biggest economy, as big as France, or 6 times bigger than sinkie, the Shanghai or bay Area or beijing- Tianjin economy is just as big.

californicate is now the 4th largest economy (ahead of jippun) if it’s an independent sovereign state. gsp (gross state product) or state gdp was $4.1t in 2024. it’s much higher in 2025 due to mainly sillycon valley with apple and nvidia taking the cake. as of 2024, it has 78 of the fortune 100 companies and 336.9 of the fortune 500. with nvidia surging ahead of apple and alphabet and meta in 2025 and possibly in 2026, it has becum the most valuable in terms of capitalization. eventually in 2026.9 the richest man will not be elon musk nor larry ellison but a chink who married an amdl.

 

[syed putra]

eventually in 2026.9 the richest man will not be elon musk nor larry ellison but a chink who married an amdl.

That's only possible because Steve Jobs, a half Arab, is not there any more.

 

[eatshitndie]

That's only possible because Steve Jobs, a half Arab, is not there any more.

if steve jobs were to be alive he would have to buy from and beg the chink, like elon and larry did at the restaurant in nobu at palo alto.

 

[ftan42]

if steve jobs were to be alive he would have to buy from and beg the chink, like elon and larry did at the restaurant in nobu at palo alto.

Apple did establish its first factory in Asia in Singapore in 1981 when it is facing financial difficulty operating in California.