Interesting figures. china gdp is about 75% of us gdp. but chinese govt revenues are less than half of us govt revenues. it shows china is a low tax government.
Thats all good. Nobody will say manufacturing is bad. But owning the customer, their tastes, ability to design final goods to match the customer interests- all are much more lucrative capabilities. Not saying china cannot do them - tiktok is one great examples where i am amazed how well a...
this may not be as impressive as it sounds. Lets say OEM sell their stuff for $10 million to Nike and Nike sells it for $90 million in market (using apple conversion of 1:10) then 20% on 10 million is 2 million and 6 percent on $90 million is 5.4 million.
Morover leaving apart the absolute...
I would ignore the relevance of this news. Samajwadi Party relies on Muslim votes so the main intent is to undermine the narrative pakistan is an enemy. He is just saying something about china so he doesnt come across as anti national.
overall these parties are far better than toxic "national"...
Factory farming is just a technique of providing what humanity has been eating for millennia - meat. Investments can be made to improve the technique so it meets the standards of humane treatment of animals.
Lab meat is a completely new food which tries to imitate meat. Moreover the production...
CHinese should be a little more thoughtful about this. Meat rearing has been as old as human civilization and even now provides livelihood for millions especially in poorer countries. once you give up on the culture of animal husbandry or agriculture its very hard to get them back. Much more...
The immediate solution is to increase retirement age. I wonder how chinese will react to this. they have one of the lowest retirement age as compared to oecd countries.
I gave a definition of a nation not a state. First understand the difference between a nation and a state. I did not say every single nation must have a state to support it. I said in most cases - especially in europe and east asia it is the norm and nation is based on language. i also said...
Nationhood doesnt derive from ancient empires. it derives from commonality of a group. usually the commonality is based on language - like germans,turks, koreans, french etc. Koreas are a nation and that must be respected. Han chinese are a nation and so are tibetans. it is possible to have a...
China achieved this a tad too soon. 1.15 fertility at $40,000 per capita income is different from 1.15 fertiltiy at 12k per capita. Lets see if they can reverse a bit.
wow these is really impressive. few points i have noted :
a) They got a doc appointment the same day followed by blood test/results and doctor consultation again - all in one flat day.
b) Despite copious amount of information being exchanged i have never seen them needing to use a pen and...