Can even a one-sided collapse crash China's economy?

[Aepsilons]

That's exactly what I said. But good school doesn't guarentee ethics. Qinghua in China is also one of the best, but some of their views are also questionable at best.

I have been in Canada long enough to know that with some cash I can do, not everything I could in China, but it's pretty damn close. It's why to this date I have no speeding tickets, though I have been given quite a few. Also never waited in line in the hospital.

As a Ph.D doctoral student in Industrial & Organizational Psychology and as a Full Time Instructor at the Department of Psychology for a major University in New Jersey, I will convey with you, and in confidence, that the universities in the United States implement what is called an Honor System, which holds all students, researchers and faculty/ staff to academic integrity. This means, any issue of plagiarism and unethical citizenship can lead to a case within the Academic Board, and render judgment of dismissal for students, or even loss of tenure-ship amongst faculty and staff.

For example, this upcoming semester I'm teaching 3 courses : all management and introductory psychology courses, I will be introducing students to literature review and with this, is an introduction to a new program called TURNITIN, which checks proper citation. Plagiarism and unethical workmanship is something that US universities take seriously, and it is something that most foreign universities are also taking into consideration.

I have collaborated with some Ph.D candidates from New York University before; they are very astute in their research and ethical considerations.



Best,
@Nihonjin1051

 

[LeveragedBuyout]

What's more likely, the woman/man is biased or NYU hires morons.

Why does it have to be mutually exclusive? There are a lot of biased morons who teach at American universities.

That's exactly what I said. But good school doesn't guarentee ethics. Qinghua in China is also one of the best, but some of their views are also questionable at best.

I have been in Canada long enough to know that with some cash I can do, not everything I could in China, but it's pretty damn close. It's why to this date I have no speeding tickets, though I have been given quite a few. Also never waited in line in the hospital.

Paying for better or faster care at a hospital is one thing, but I strongly advise you not to attempt pay-for-play with law enforcement in the United States. The results will be very ugly.

As a Ph.D doctoral student in Industrial & Organizational Psychology and as a Full Time Instructor at the Department of Psychology for a major University in New Jersey, I will convey with you, and in confidence, that the universities in the United States implement what is called an Honor System, which holds all students, researchers and faculty/ staff to academic integrity. This means, any issue of plagiarism and unethical citizenship can lead to a case within the Academic Board, and render judgment of dismissal for students, or even loss of tenure-ship amongst faculty and staff.

For example, this upcoming semester I'm teaching 3 courses : all management and introductory psychology courses, I will be introducing students to literature review and with this, is an introduction to a new program called TURNITIN, which checks proper citation. Plagiarism and unethical workmanship is something that US universities take seriously, and it is something that most foreign universities are also taking into consideration.

I have collaborated with some Ph.D candidates from New York University before; they are very astute in their research and ethical considerations.



Best,
@Nihonjin1051

In general, yes. But there will be some bad apples who fall through the cracks. No vetting system is perfect.

 

[Aepsilons]

Why does it have to be mutually exclusive? There are a lot of biased morons who teach at American universities.



Paying for better or faster care at a hospital is one thing, but I strongly advise you not to attempt pay-for-play with law enforcement in the United States. The results will be very ugly.



In general, yes. But there will be some bad apples who fall through the cracks. No vetting system is perfect.

Absolutely. There will always be exceptions; but the processes we implement ensures that students and researchers know the consequences in pursuing unethical activities.

 

[Genesis]

Paying for better or faster care at a hospital is one thing, but I strongly advise you not to attempt pay-for-play with law enforcement in the United States. The results will be very ugly.

As a Ph.D doctoral student in Industrial & Organizational Psychology and as a Full Time Instructor at the Department of Psychology for a major University in New Jersey, I will convey with you, and in confidence, that the universities in the United States implement what is called an Honor System, which holds all students, researchers and faculty/ staff to academic integrity. This means, any issue of plagiarism and unethical citizenship can lead to a case within the Academic Board, and render judgment of dismissal for students, or even loss of tenure-ship amongst faculty and staff.

For example, this upcoming semester I'm teaching 3 courses : all management and introductory psychology courses, I will be introducing students to literature review and with this, is an introduction to a new program called TURNITIN, which checks proper citation. Plagiarism and unethical workmanship is something that US universities take seriously, and it is something that most foreign universities are also taking into consideration.

I have collaborated with some Ph.D candidates from New York University before; they are very astute in their research and ethical considerations.



Best,
@Nihonjin1051

Lol, all I can say is you guys have been in the states for too long. It's ok, it means you guys are better people than I am lol. Being in China on and off and seeing how the world is, you'll be surprised how similar our system really is.

But just know this, it's not as bad as China by a long shot, while guys like me are few and far between, in China, every second guy is me.

 

[Aepsilons]

Lol, all I can say is you guys have been in the states for too long. It's ok, it means you guys are better people than I am lol. Being in China on and off and seeing how the world is, you'll be surprised how similar our system really is.

But just know this, it's not as bad as China by a long shot, while guys like me are few and far between, in China, every second guy is me.

One aspect that I truly admire about United States is their emphasis on IC , also known as Internal Control. After their unfortunate experiences in internal trades as seen in the 2001 ENRON debacle. This led to the implementaiton of the 2002 Sarbanes - Oxley Act. The Sarbanes-Oxley Act increased penalties for destroying, altering, or fabricating records in federal investigations or for attempting to defraud shareholders. The act also increased the accountability of auditing firms to remain unbiased and independent of their clients.

This, gives shareholder confidence and employee confidence and aids in the efficiency and integrity of the organization. This legislative implementation has largely been copied in other countries.

 

[terranMarine]

My apologies, no offense intended.

none taken

 

[Genesis]

One aspect that I truly admire about United States is their emphasis on IC , also known as Internal Control. After their unfortunate experiences in internal trades as seen in the 2001 ENRON debacle. This led to the implementaiton of the 2002 Sarbanes - Oxley Act. The Sarbanes-Oxley Act increased penalties for destroying, altering, or fabricating records in federal investigations or for attempting to defraud shareholders. The act also increased the accountability of auditing firms to remain unbiased and independent of their clients.

This, gives shareholder confidence and employee confidence and aids in the efficiency and integrity of the organization. This legislative implementation has largely been copied in other countries.

Ok, I won't argue, if you think it works, it works, and in reality it probably does work to a big extent.

 

[CN.Black]

Thank you. Just what I've said in the past, a 天下無敵 military means one can print money if need to, and will be accepted by the world or else...

Strong military means a strong economy.

You mean a economy like CCCP?

 

[Aepsilons]

Ok, I won't argue, if you think it works, it works, and in reality it probably does work to a big extent.

My friend, it was around 2012 that China had decided to implement its own version of the SOX Act, or the Sarbanes - Oxley Act.

Internal Control , is critical to fighting corruption and abuse of power.

China's Internal Control and Audit Regulatory Framework | China Briefing News

 

[Genesis]

My friend, it was around 2012 that China had decided to implement its own version of the SOX Act, or the Sarbanes - Oxley Act.

Internal Control , is critical to fighting corruption and abuse of power.

China's Internal Control and Audit Regulatory Framework | China Briefing News

Do you know the saying 上有政策,下有对策.

 

[Aepsilons]

Do you know the saying 上有政策,下有对策.

Yes, of course, but at least with the restructuring and implementing independent internal audit, the propensity for internal abuse is limited.

I think that with the recent ascent of China, she has largely implemented these policies to counter the corruption in Chinese market(s), and government section(s).

I think Chinese refer to this as:

经济和谐, 文明和谐

 

[Jlaw]

You mean a economy like CCCP?

military is not necessarily link to economy. Russian economy was not great but decent. But the important thing is they have manufacturing capability to make any weapons they wanted.
Blame it on Gorbechev and Yeltsin, the two biggest traitors in modern Russian history for splitting up the USSR.

 

[Edison Chen]

My friend, it was around 2012 that China had decided to implement its own version of the SOX Act, or the Sarbanes - Oxley Act.

Internal Control , is critical to fighting corruption and abuse of power.

China's Internal Control and Audit Regulatory Framework | China Briefing News

LOL, China's auditing standard is learning from the US.

Internal control is not the only way can handle corruption, I think segregation of duty can also be implemented, at least in many SOEs.

Enron's bankruptcy is the blasting fuse of SOX act 2002.

 

[Jlaw]

LOL, China's auditing standard is learning from the US.

Internal control is not the only way can handle corruption, I think segregation of duty can also be implemented, at least in many SOEs.

Enron's bankruptcy is the blasting fuse of SOX act 2002.

Yes exactly. Sox was implemented after Enron but the fact is no matter how good your auditors are, they are not able to catch fraud. That's why these fraudsters, and I mean the Accountants always have a "cover their ***" qualifed statement when they issue a qualified or unqualified letter after the audit.

Mark my words, there will more Enrons in the future.

 

[Zsari]

Firstly let me make this clear, i speak as a student of economics not as a India/british

Property bubble exits Yes- Why ?
there are two different stories here, property bubble near eastern cost and property bubble near western/central china

Property bubble near cities like Shanghai and Beijing or other big cities are driven by investors, basically family are investing to catch in on every growing property market and to make quick bucks with Rentals

On western/central china the situation is different, here local government are striving to make complete their goal of development. Cities are built and funded by the local govt but the prices are so high the people who it was built for (rural population) cannot simple afford it. China is known for building in advance for future needs, but here it is difficult unless property rate's are slashed extensively

they also have interview with one of china's leading builders

Cost of rising labour cost is inevitable, as people get richer, they will demand more



that's why there is emphasis of a self correcting system, if in a open economy that money market is tight (no easy availability of fund) that pushes the rate of borrowing higher, which means people would borrow less or paymore. This would autocorrect, the best thing to do is let market inject more cash and cool down for a while, this autocorrect the inflation aswell.

A Journey To China’s Largest Ghost City

By Wade Shepard @vagabondjourney

“We discovered that the most populated country on earth is building houses, districts, and cities with no one in them,” began a report on 60 Minutes which aired on March 3rd, 2013. The news program’s timeless correspondent, Lesley Stahl, ventured out to the city of Zhengzhou accompanied by the Hong Kong based financial adviser, Gillem Tulloch, and got the low down on China’s ghost city phenomenon.

For the past few years I’ve been chasing reports of ghost cities citiesaround China, but I rarely ever find one that qualifies for this title. Though the international media claims that China is building cities for nobody I often find something very different upon arrival. The New South China Mallhad a lot of empty shops but it turned out to be a thriving entertainment center, Dantu showed that an initially stagnant new city can become populated, and I found that Xinyang’s new district, a place called a ghost city since 2010, wasn’t even close to being built yet. The 60 Minutes report served as portent that there are really are large scale ghost cities in China. Or so it appeared.

...

A Journey To China's Largest Ghost City