Frank wrote on Nov 17
th, 2021 at 2:01pm:
The Chinese are migrating to the West. Westerners are not migrating to China. Why?
Plenty of Westerners set up businesses in China, in the heady days of 10% growth. But now geopolitics (ie US paranoia) is destroying the opportunities.
Quote:Because human flourishing is NOT just economic, although the US and the West provide a better economic foundation for human flourishing than China, with its $12/day 'success story'.
Er.. was it you who said China has double the number of billionaires as the US? In any case China has a middle class of 400 million people, bigger than the US.
Quote:The worst thing about China and socialism is the brutal, oppressive manner in which the communist vanguard drive, control and stifle their people in a 'competition' with the capitalist West.
Actually "socialist" China has strayed down the free market road for too long, hence Xi's call to strive for common prosperity, now that a middle class bigger than the US has been achieved. Meanwhile half the US population can't find $600 dollars from savings in an emergency, no nice holidays or freedom from financial stress for them.
https://www.cnbc.com/2021/01/11/just-39percent-of-americans-could-pay-for-a-1000-emergency-expense.html
Quote:Like the Soviets, they focus on increasing production numbers of steel, concrete, consumer goods (exported to the West who can pay for them), lengths of rail and roads etc (from a very very low base).
No they are focusing on 'common prosperity'...and developing world leading AI and IT.
Quote: Chinese satisfaction with their government, >90%.
https://news.harvard.edu/gazette/story/2020/07/long-term-survey-reveals-chinese-
government-satisfaction/
T"
he survey team found that compared to public opinion patterns in the U.S., in China there was very high satisfaction with the central government. In 2016, the last year the survey was conducted, 95.5 percent of respondents were either “relatively satisfied” or “highly satisfied” with Beijing"
The US?
Hyper-partisanship in a divided society resulting in the Jan 6th riots, and claims of a rigged election.