Yeah, I was wondering the same, but didn't want to edit the original title. Maybe there are some details that are new, I don't know. What the CCP has been doing for a long time now is a shame.
And the next whataboutism! What a waste of time.
Yeah, these are the 'tankies' who got banned on Reddit, right? I guess it takes time until they get a minority, but it's good that the community grows steadily.
One thing that's obvious here on Lemmy is that whataboutism works only in one direction. If an article is critical of China, Russia, Iran, or other dictatorships, you'd read, "But about U.S./EU/the West". But there are tons of articles here critical of Western countries, and it's accepted. Why is this? Just wumaos?
It raises some good points. It's also said that there is 'nothing people can do' about surveillance. For those interested, there is a good documentary what happens if and when someone tries to do somethong about it:
Total Trust is an eye-opening and deeply disturbing story of surveillance technology, abuse of power and (self-)censorship that confronts us with what can happen when our privacy is ignored. Through the haunting stories of people in China who have been monitored, intimidated and even tortured, the film tells of the dangers of technology in the hands of unbridled power. Taking China as a mirror, Total Trust sounds an alarm about the increasing use of surveillance tools around the world – even by democratic governments like those in Europe.
If this is the present, what is our future?
I suppose that's the mechanism they're using to centrally manage the economy, by controlling fund transfers to lower levels of government.
I would agree with this view. The local governments are responsible for the majority of spendings (including pensions, health care), but they can barely raise funds themselves.
The central government has already said that the new debt will be forwarded to the local government, and that it will be 'off-budget', meaning the money goes to LGFVs. The future will tell us how this ends up, but the risks are high imo given the country's debt burden is so much higher than in most other countries as you suggested.
Competition aka market economy only works if every player respects the same rules. It's obvious that this isn't the case here. TikTok -the 'Western' version of ByteDance's product- isn't allowed even in China as you will know. So why does TikTok complain if it gets banned in the West, while it seems fine to be banned in China? Isn't that a double standard?
Also, if we're talking about competition, then this doesn't work in a centrally planned economy like China's. The competition argument coming from a Chinese perspective isn't valid, as it is the Chinese government itself which rejects exactly this very competition for itself.
The real change in retail pricing might be discrimination pricing (or 'surveillance pricing' as it is now called sometimes). Simply speaking, it uses personal data to personalize prices not just for each customer, but also for each customer depending on actual circumstances such as day time, weather, an individual's pay day, and other data, collected through apps, loyalty cards, ...
As one article says, there is One Person One Price:
"If I literally tell you, the price of a six-pack is $1.99, and then I tell someone else the price of a six-pack for them is $3.99, this would be deemed very unfair if there was too much transparency on it,” [University of Chicago economists Jean-Pierre] Dubé said. “But if instead I say, the price of a six-pack is $3.99 for everyone, and that’s fair. But then I give you a coupon for $2 off [through your app] but I don’t give the coupon to the other person, somehow that’s not as unfair as if I just targeted a different price.”
The linked article is a very long read but worth everyone's time. Very insightful.
I am thinking the same. Must be some sort of Streisand effect :-)
Yeah, and not to forget:
One interviewee admitted to paying for access to a data set. “I bought access to an official archive and altered the data to support my hypotheses.”
Just stumbled upon this (it's a podcast, 7 min, contains some explicit language).
I apologize for losing my shit here