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Stocks are just numbers. For example, if you are 200CM tall and I erase a zero, would you become 20CM?Thats a very cavalier response. The value loss has been in excess of trillion dollars. It could be loss of international investors money and few chinese investors money . But to dismiss such huge loss connected to china as " it doesnt effect me or people i know personally so i dont care " means you no longer speak for china if china leads to losses of foreigners who trusted chinese markets.
Also how much money can chase housing market? are you going to keep on increasing prices of those small 100 sq meter apartment in to millions of Yuan ? And if you regulate housing prices then where will chinese savings go?. People wont trust chinese stock or investment markets at all if the value can evaporate so quickly - and not due to some unfortunate events or company bad behaviour - but due to deliberate govt policy.
Again i am not blaming chinese govt policy alone because it doesn't seem to be that wrong. but the way chinese govt is giving these signals despite knowing the market is falling down shows height of irresponsibility towards people who trusted Chinese market and companies and invested their savings.
99% of people in China have medical insurance, but the proportion of insurance reimbursement is different. Maximum reimbursement 85%, minimum reimbursement 50%.@MH.Yang one more topic - medical care. one of the unique aspects of medical care in america is how expensive it is. Also how well paid the doctors are - it is not unusual to have some surgeons get paid a million USD per year.
How is it in china ? is everyone covered by insurance ? are doctors well paid ? is there both private and govt care ?
Of course, there are traditional funerals in China.Vietnamese here.
Is it true you cannot have traditional funeral in mainland China?
That's fucked up if true.
99% of people in China have medical insurance, but the proportion of insurance reimbursement is different. Maximum reimbursement 85%, minimum reimbursement 50%.
Medical insurance does not reimburse private care, and I don't know what government care means.
The income of Chinese doctors is far inferior to that of American doctors.
First of all, Chinese hospitals do not adopt the appointment system. Doctors have to treat as many patients as they come. Doctors are the busiest profession in China.
Secondly, Chinese doctors only belong to the higher income part of the middle class, not belonging to the high-income class. I am a sales manager. My annual income is about 47k dollars (300k CNY). A friend of mine is a pediatrician with 17 years of experience. His annual income is about 60k US dollars (400k CNY). I have another friend, and he owns a small trading company. His annual income exceeds $320+k (2+M CNY), and he is the high-income class.
My city belongs to central China. If it is in the eastern cities of China, the income will be higher, while if it is in the western cities of China, the income will be lower.
Of course, there are traditional funerals in China.
I doubt you are not a Vietnamese, because the Vietnamese system is very similar to Chinese, and Vietnamese know Chinese people very well. I don't believe a Vietnamese will ask such questions.
I am sorry.Thats a very cavalier response. The value loss has been in excess of trillion dollars. It could be loss of international investors money and few chinese investors money . But to dismiss such huge loss connected to china as " it doesnt effect me or people i know personally so i dont care " means you no longer speak for china if china leads to losses of foreigners who trusted chinese markets.
Also how much money can chase housing market? are you going to keep on increasing prices of those small 100 sq meter apartment in to millions of Yuan ? And if you regulate housing prices then where will chinese savings go?. People wont trust chinese stock or investment markets at all if the value can evaporate so quickly - and not due to some unfortunate events or company bad behaviour - but due to deliberate govt policy.
Again i am not blaming chinese govt policy alone because it doesn't seem to be that wrong. but the way chinese govt is giving these signals despite knowing the market is falling down shows height of irresponsibility towards people who trusted Chinese market and companies and invested their savings.
There are two kinds of hospitals in China, state-owned hospitals and private hospitals. Contrary to the situation in India, China's state-owned hospitals charge higher fees, doctors have better skills, but there are more patients. China's private hospitals charge lower fees, have fewer patients and have enough beds. Moreover, many private hospitals are willing to provide some convenience for your medical insurance so that you can reimburse more money, but the medical skills of private hospitals are not guaranteed.government care means medical services delivered in a government hospital - like city hospital, state owned hospitals. Private care means medical services delivered in for profit private owned medical facility.
Nice to know.Of course, there are traditional funerals in China.
I doubt you are not a Vietnamese, because the Vietnamese system is very similar to Chinese, and Vietnamese know Chinese people very well. I don't believe a Vietnamese will ask such questions.
Chinese people are generally atheists. But China has 180 million Buddhists, 30 million Christians and 30 million Muslims.
The Chinese Constitution stipulates that Chinese citizens have the freedom to believe in religion. However, China prohibits the dissemination of cults. Generally, China only recognizes Buddhism, Islam, Christianity and Taoism. Every university in China has halal restaurants, and China has 39000 mosques.
BTW: there are 2000 mosques in the United States and 1750 mosques in Britain.
Not all atheists do not believe in an afterlife, but think it is a physical phenomenon.Chinese people generally dont believe in life after death?
One thing is goes to church and another thing is believe in eternal life after dead.
I can't believe they are generally and really atheists.
When most of them they think this thing can bring success to their bussiness:
I don't know. This is a political issue at the highest level of the CCP. I can't distinguish between rumors and truth.What is chinese's opinion on Bo Xilai?
Was he a crook or a victim of dirty politics?
A shame, it seems the truth will never be known.I don't know. This is a political issue at the highest level of the CCP. I can't distinguish between rumors and truth.
But I know Bo Xilai is a far left CCP and a fanatical Maoist, and the Chinese have always been vigilant against extremism. Whether it is the far left or the far right, so he will certainly have many enemies.
Moreover, Bo Xilai's wife has contact with the US ambassador, which can not help but make the Chinese doubt.
Finally, Bo Xilai is definitely not a liar. In any case, his political achievements in Dalian are true. He is a very capable official. However, China has never lacked competent officials.
I don't know. I can't judge whether it's a rumor or the truth.A shame, it seems the truth will never be known.
Do you believe that the CCP has many factions such as Xi Jinping's faction in Beijing vs. the Zhang faction in Shanghai? Is that a rumor, or is that reality?
I know the Zhang Jiemin have many connections in the big tech/capitalist firms, but what about Xi?
Not sure about Shelepin vs Brezhnev, but factionalism within the CCCP is not a rumor, it is the truth, when Stalin passes, there was a rivalry between Laventry Beria vs. Nikita Kruschev, which resulted in mass purge.I don't know. I can't judge whether it's a rumor or the truth.
But I think this legend is very similar to the story of the Soviet Union, the political struggle between the Communist Youth League clique leader Shelepin and the Dnepro clique leader Brezhnev.
So I think what you heard may be a rumor.
But I believe there are many factions within the CCP. It is impossible for such a large political party to have no internal competition