The entire world knows about China's massive leaps in technology, it isn't just EVS, batteries, sustainable energy, we all know about them but here are a few things Western media are not covering - and, what I'm trying to do here, as well as point out what they are, is to point out why they're important - really important.
The BBC report mentions that the boat will sail from China to Brazil and that the sails were made in China altho not the boat was made there. Jerry's reports are fascinating but he must be careful not to appear as a propagandist with his rosy pictures. Mucho Mach numbers - no problems there?
True Otto - I'm doing my best to be impartial and not show bias but China makes that quite hard.
What the BBC does very well is to omit important parts of the story - where was the boat built, do you know?
We need to bear in mind that in the last few years, over 90% of all boats made globally were made in China
The script I wrote here is called: "what else are we not being told?" for a reason
As for the mach number, I did indeed make a mistake, I said 12,000 KPH, it's actually even better, 12,000 MPH and I misquoted, the real figure is 19,000 KPH - thanks for spotting it
Great job! Hopefully, US Vice-President JD Vance and US Secretary of the Treasury Scott Bessant are reading this. They, through their words and actions, seem to think that Chinese citizens are largely peasants with small hands who are only fit to work the small screwdrivers on the iPhone production line.
I agree with you that the PRC (and in different ways also the ROC-Taiwan) have been doing very well for decades; the PRC is also a great hope for all of humankind as all the world will benefit from the fruits of their research and development programs thanks to the deep pool of talent the PRC has. Unfortunately this will not last because of this point:
«Chinese people are now the world's largest middle class [...] how come my government tells me communism can't work and socialism is bad for me when almost every Chinese person has savings in the bank, a nice car, a nice apartment»
The PRC governments of Jiang and Hu (and partially that of Zhao before them) explicitly adopted ROC-Taiwan and HK (and in part Singapore) as economic (and political) models and once the governing elites and the middle-class became property speculators they all turned into rentier systems with little to no investment in productive activities like industry or research and development.
Indeed currently the vast majority of party and government officials and their families have significant property portfolios and that means that the PRC has been switching to thatcherism with chinese characteristic, supported by that large property-owning middle-class minority. Like the UK and other countries did too.
Xi JinPing (and a small part of his faction) probably still believes in socialism or at least social democracy, but once most government and political officials and the middle class derive much or most of their wealth and income from property ownership thatcherism is nearly inevitable. Currently the PRC like ROC-Taiwan and HK is increasingly run by landlords for the benefit of landlords and sadly the CPC has become the party of landlords (in part thanks to "3 Represents").
Thatcherism is becoming so strong in the PRC that the government is planning to privatize the pension system, which is what property-owning middle-class and upper-class people want everywhere to ensure that they do not risk paying a yuan or a penny for the retirements of the working-class delivery drivers, maid, cleaners, fast-food cooks etc. they use.
"Beijing is pushing Chinese citizens to plan for their own retirements
On December 15, Chinese authorities launched a national expansion of their two-year old pilot private pension pilot project. According to the state circular issued jointly by tax, finance, and human resource bureaus, citizens participating in either of the two primary state retirement systems are authorized to open private pension accounts."
The BBC report mentions that the boat will sail from China to Brazil and that the sails were made in China altho not the boat was made there. Jerry's reports are fascinating but he must be careful not to appear as a propagandist with his rosy pictures. Mucho Mach numbers - no problems there?
True Otto - I'm doing my best to be impartial and not show bias but China makes that quite hard.
What the BBC does very well is to omit important parts of the story - where was the boat built, do you know?
We need to bear in mind that in the last few years, over 90% of all boats made globally were made in China
The script I wrote here is called: "what else are we not being told?" for a reason
As for the mach number, I did indeed make a mistake, I said 12,000 KPH, it's actually even better, 12,000 MPH and I misquoted, the real figure is 19,000 KPH - thanks for spotting it
Thanks for your response Jerry.
Great job! Hopefully, US Vice-President JD Vance and US Secretary of the Treasury Scott Bessant are reading this. They, through their words and actions, seem to think that Chinese citizens are largely peasants with small hands who are only fit to work the small screwdrivers on the iPhone production line.
THey might see it on TikTok, it's had over 100k views - smoething I've never seen before!!!
Cheers Jerry. This is superb!
Awesome, and thanks for sharing! ❤️👍💯
I agree with you that the PRC (and in different ways also the ROC-Taiwan) have been doing very well for decades; the PRC is also a great hope for all of humankind as all the world will benefit from the fruits of their research and development programs thanks to the deep pool of talent the PRC has. Unfortunately this will not last because of this point:
«Chinese people are now the world's largest middle class [...] how come my government tells me communism can't work and socialism is bad for me when almost every Chinese person has savings in the bank, a nice car, a nice apartment»
The PRC governments of Jiang and Hu (and partially that of Zhao before them) explicitly adopted ROC-Taiwan and HK (and in part Singapore) as economic (and political) models and once the governing elites and the middle-class became property speculators they all turned into rentier systems with little to no investment in productive activities like industry or research and development.
Indeed currently the vast majority of party and government officials and their families have significant property portfolios and that means that the PRC has been switching to thatcherism with chinese characteristic, supported by that large property-owning middle-class minority. Like the UK and other countries did too.
Xi JinPing (and a small part of his faction) probably still believes in socialism or at least social democracy, but once most government and political officials and the middle class derive much or most of their wealth and income from property ownership thatcherism is nearly inevitable. Currently the PRC like ROC-Taiwan and HK is increasingly run by landlords for the benefit of landlords and sadly the CPC has become the party of landlords (in part thanks to "3 Represents").
Thatcherism is becoming so strong in the PRC that the government is planning to privatize the pension system, which is what property-owning middle-class and upper-class people want everywhere to ensure that they do not risk paying a yuan or a penny for the retirements of the working-class delivery drivers, maid, cleaners, fast-food cooks etc. they use.
https://www.cfr.org/blog/beijing-pivots-towards-private-pensions
"Beijing is pushing Chinese citizens to plan for their own retirements
On December 15, Chinese authorities launched a national expansion of their two-year old pilot private pension pilot project. According to the state circular issued jointly by tax, finance, and human resource bureaus, citizens participating in either of the two primary state retirement systems are authorized to open private pension accounts."