Posted on 05/03/2002 5:58:28 PM PDT by Hopalong
WED, FEB 27, 2002
Chen Liangyu, acting mayor of Shanghai, was elected Tuesday mayor of this east China metropolis at the fifth session of the 11th Shanghai Municipal People's Congress.
Chen, 56, is a native of Ningbo, east China's Zhejing Province. He studied in the Chinese People's Liberation Army's Logistic Engineering Institute from 1963 to 1968. He also took positions in factories and government bodies.
The newly elected mayor acted as deputy secretary of Shanghai Municipal Committee of the Communist Party of China and vice mayor of Shanghai before he was appointed acting mayor of Shanghai on December 2001.
Chen studied at Birmingham University in the Great Britain from January to September 1992.
Best regards. S&W R.I.P.
Best regards. S&W R.I.P.
Best regards. S&W R.I.P.
Best regards. S&W R.I.P.
If we really look closely at it, it works exactly like an American corporation, Board of Directors APPOINT (Hire) a CEO or even the Chairman of the Board.
CCP is the only share holder of China.
If we really look closely at it, it works exactly like an American corporation, Board of Directors APPOINT (Hire) a CEO or even the Chairman of the Board. CCP is the only share holder of China...."
Exactly, though in a corporation the shareholders have a say, and they can if they wish sell their stock.
The CCP owns the mainland and the mainlanders, as long as the mainlanders put up with it, and they are a captive audience.
Half a century of absolute power, and what do they have to show for it—corruption, religious suppression, rural beggardom, perhaps a hundred million vagrant and displaced "workers", outright slave labor, environmental disaster, systematic murder and torture, famine, defeat in foreign war—including losses to the United States and Vietnam—and that just skims the surface.
Ah, but the "economy" is booming, will be the reply, and things are better than they were before. Yeah right—to the extent to which that is true in selected areas and in spite of the Chinese Communist Party, not because of it—it is due almost wholly to foreign investment, including large amounts from the ROC on Taiwan.
Compare the accomplishments of Chiang and the Nationalists and their succeessors in the ROC on Taiwan.
Compare Japan or South Korea.
No contest.
Best regards. S&W R.I.P.
Such stupidity...
Thats about like saying, 'people paid $125 per share of dogwalker.com, and hence, they have good revenues...'
China is competitive only in manufacturing (and exporting). They are playing much more on the supply end of things rather than on the purchasing end...
One day of political instablity and those big corps could be looking (rather hurriedly) for a new front end to their supply chain...
Most, probably 80% of the 'China' demand for things like superconductors, or whatever, is because the international corporate community is cutting costs and moving to China. "China demand" is not really "China demand..." It is "international demand"...
When the next tian an men happens, the US govt nor anyone else is gonna be able to do anything about it. Those guys are gonna be stuck, and hurt all of us in the process...
China is not nearly as stable and unified as they want to believe....
Next thing you know they will be preaching that 'that uprising should be put down...and that the CCP is justified in killing whoever they want 'in the name of stability'...
There seems to be a quite common phenomenon, though rarely commented upon, which seems in some ways the reverse of "Buyer's Remorse", to wit—"I paid a lot of money for it, therefore it must be the best money can buy."
The British were once artists in this direction, palming off some of the ugliest and most uncomfortable suits in all creation largely by exclusiveness and high price tags. So too with some of their automobiles.
Many in the Pentagon have learned the same lesson.
It's also a tried and true formula, I have observed, for some golf courses and shotguns, much modern art, and suburban development.
I suppose deep down it's related to Veblen's observations on conspicuous consumption, and explains, in part, Galbraith's success in convincing many corporate do-nothings that their existence was self-justified, and absolutely at the cutting edge of his new corporate "economics", hehe.
Best regards. Hop.
In the old Soviet Union, too, when at last the regime was falling, the leftists in the press and other media almost immediately began to identify the diehard Commies as the "conservatives."
The decisive sign, however, is, in my opinion, again as with the old Soviets, when the Communists start hawking "spiritual values".
How does it go now, "I am a creme-filled jelly doughnut"? No, that's not it. Oh yeah—"Ask not what Communism can do for you, but what you can do for the Communists."
Best regards. S&W R.I.P.
Novices because, it alomst goes without saying, they don't tend to last long.
Yep, gotta know when to hold them and when to fold them. And it also pays big at times to know how to sandbag, and at other times how to lay in the weeds.
Best regards. S&W R.I.P.
Best regards. S&W R.I.P.
The difference between an ugly suit and these guys who overly invest in the afore mentioned pyramid scheme, is that the latter requires towing the CCP line... also, want it or not being overly leveraged into China can (and very well may) come back and bite them on the @ss...
The only thing you rely on from an ugly suit is to be in vogue, but nothing essential...
Those corporate GE types are getting greedy, and end the end that greed is going to exact revenge on them. Right now they are trying to walk the fine line in between cake consumption and cake preservation....
Our national interests are being sold out. Our long term national interests are not served in or by Beijing. Those greedy folk are gonna end up making everyone pay for their mistake.
Maybe the US Congress should introduce a tax... a 10% income tax increase for manufacturers who locate factories in China...(and use those factories to import back to the US...)
That's the core of the matter right there.
Until Galbraith came along, most corporations, especially of the American variety, were in business to make profits on the production and sale of goods and services of some kind. Galbraith informed them that that was old-fashioned.
Many of the corporations are doing business on the mainland for one reason, and one reason alone—it is the only and easiest way they can think of to make larger profit margins, almost exclusively by taking advantage of the cheap labor in production for export.
The prospect of a huge mainland domestic market for consumer goods is mainly an illusion. Some of the corporations doing business there know it. Others perhaps do not—yet. In and of itself, there is nothing wrong with profit. Contra Galbraith, that is the whole point of being in business.
But as you say, they have a very manipulative, political, and subversive silent partner, the CCP, which is desperately interested in much more than current bottom lines—indeed, in some important ways and over the long term their main interest is not bottom lines at all.
This is, however, only part a small part of the problem in my opinion The real threats are the irresistibly appetizing, but mostly false, financial and banking carrots, which are at the heart of the pyramid scheme and which translate into direct and indirect foreign political and military leverage for the CCP.
If it looks too good to be true, it probably isn't—true, that is.
In any case, one surefire way to make a small fortune applies also to overexuberant investment in the CCP-controlled mainland enterprises.
Start out with a big one.
Best regards. S&W R.I.P.
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