By Jeff J. Brown
Pictured above: my beloved city of Shenzhen, where I had the pleasure of living for three years, writing and reporting much about life there. No Western city that I know of can match its quality of life, and that goes for most Chinese cities too.
Right here, it takes just a second…
Sixteen years on the streets, living and working with the people of China, Jeff
Downloadable SoundCloud podcast (also at the bottom of this page), Brighteon, iVoox, RuVid, as well as being syndicated on iTunes, Stitcher Radio and Reason.fm (links below),
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It is one thing to study Chinese current events or those of the West. But comparing them is a very shocking experience. I recently took a look at the latter, especially the United States,
The USA is falling apart at the seams and nobody seems to care. The rest of Eurangloland is hot on its collapsing heels. This while the Chinese Nation is a speeding infrastructure-and-technology bullet racing into the 22nd century. China Rising Radio Sinoland 210924
I then showed how proactive Baba Beijing (the leadership) and the Chinese people are engaged to improve the quality of life and prosperity for each of the 1.4 billion citizens,
From Mao to Xi and Zhou to Li, the Communist Party of China (CPC) offers its 1.4 billion citizens real people’s democracy, leading with the motto, “SERVE THE PEOPLE”! China Rising Radio Sinoland 211004
As well, China Tech is so Promethean and startlingly broad based, to the point I could not keep up with all the news flowing in, to present with my China Tech News Flash! platform. I finally cried uncle and am maintaining a continually updated online database that you can access 24/7,
I can’t keep up! Baba Beijing and the Chinese Nation are so unstoppably prolific with High-Tech, innovation, invention, infrastructure, space and military, that I’ve created a hyperlink library – growing every day – which you can access 24/7. Enjoy and learn. China Tech News Flash! 210921
These compare and contrast articles/podcasts really capture the geopolitical East versus West zeitgeist. All Euranglolanders (NATO, Europe, Australia, New Zealand, Israel) should be deeply concerned about the fate of their countries.
After you have amazed and surprised yourself with all the above, your choice of articles, audio podcasts or short videos, let’s take a closer look at some recent headlines in the Chinese media.
Xi calls for sound development of digital economy, comprehensive regulation -China to seize commanding heights of future development
Baba Beijing is not going to let the Chinese versions of Google, Facebook, Twitter and Instagram tell the government what to do. No wonder they are all banned in-country. President Xi Jinping and Co. have already kicked major tech ass across the country, fining Chinese companies billions of dollar/euro equivalents, but more importantly, passing many new power-limiting laws and society-serving regulations to keep these corporate behemoths on a very tight for the benefit of the 99% leash. In Eurangloland, it’s the out-of-control, global capitalist, transnational octopi that write the laws, while buying government officials and judges like popcorn (https://www.globaltimes.cn/page/202110/1236759.shtml).
Beijing signals its tech industry crackdown is winding down
As a result, now that China’s mega tech corporations have been brought to heel, Baba Beijing announced that they were going to lessen the pressure on their corporate necks,
China’s top economic planner vows ‘all necessary means’ to curb ‘irrational’ coal prices
In the West, we are already being told to start paying more for energy, food and other daily necessities. Inflation rarely happens on its own. It is often due to rampant capitalist profiteering, speculation and planned shortages by these same said lizard brain psychopaths. In China, where the Communist Party of China (CPC) puts the interests of the 99% above that of the country’s 1%, Baba Beijing smells a racketeering rat and is going after the coal producers and sellers. Communist-socialist China has its National Development and Reform Commission (NDRC), which announced that,
Coal prices have become completely divorced from the fundamentals of supply and demand and as the heating season approaches, prices are still showing a further trend of irrational rises.
So, the NDRC called all the industry notables together for a stern pow wow and got their commitment to play fair in the interests of the masses. What do you know? Coal futures tumbled overnight, making sure that heating and electricity prices don’t hurt the Chinese people this winter (https://www.globaltimes.cn/page/202110/1236761.shtml).
China’s system advantage in tackling Northern Hemisphere’s ‘winter challenge’
How can China’s government and leaders keep the global capitalist trillionaire dictatorship from gaining control of their country? As a communist-socialist country, they have ideals and tools to represent the interests of the people (https://www.globaltimes.cn/page/202110/1236847.shtml).
I call it socialist vision, be it in high-tech or assuring the socio-economic wellbeing of all the citizens (http://chinarising.puntopress.com/2017/08/31/why-is-china-tech-smoking-the-west-because-they-have-socialist-vision-china-rising-radio-sinoland-170831/).
Profits of China’s central SOEs rise 65.6 pct in Jan.-Sept.
A big part of China’s aforementioned communist-socialist system advantage is its massive state-owned enterprise (SOE) portfolio, something which I wrote much about in The China Trilogy (https://chinarising.puntopress.com/2018/06/30/praise-for-the-china-trilogy-the-votes-are-in-it-r-o-c-k-s-what-are-you-waiting-for/ and see below). They are incredibly well-run and their first mission it to serve the citizens, who own them, maintain social harmony and assure economic prosperity for the 99%. In spite of all the neoliberal “privatize everything” puke spewing out of the West’s Big Lie Propaganda Machine (BLPM) and flooding global capitalist economies, China’s SOE’s are very, very profitable and many of them rank among the Fortune 500 list of the world’s biggest corporations.
Net profits are up in 2021 by 65.6% and for the dark days of covid 2020-2021, they have grown 19.7%. These numbers are staggering, with 2021 already filling the people’s coffers to the tune of US$234.1 billion.
To give you an idea of how well these people-owned companies are managed, for 2021, the average debt-to-asset ratio was only 64.8%, going down 0.6% year-on.
Also remind yourself that the vast majority of their CEOs and boards of directors are fire breathing member of the CPC, who live and work by Mao Zedong’s celebrated motto,
SERVE THE PEOPLE!
China’s new law to hold parents responsible for children’s criminal behavior
Speaking of social harmony, Baba Beijing has passed a law that puts parents on the hook for their children’s criminal conduct! There is academic education and family education, for which parents are responsible for both. This includes avoiding internet addition and overly heavy after school tutoring. The new draft law states that,
Parents or guardians who fail to fulfill their family education duties, or incorrectly do so, will bear legal responsibility. If a minor misbehaves or commits crimes, the guardians will be reprimanded or ordered to go through a family education guiding program.
Local governments are expected to help parents fulfill their societal family duties,
Considering the difficulties that families of left-behind children face, the draft added regulations include requesting local governments to file documents for those families, and provide living assistance and other support for starting businesses or getting jobs locally, in order to create the conditions for the guardians to carry out family education.
Need I even bring up what a fugged-up socio-economic and educational mess most of the West is, with all the horrible impacts on families, parents and children (https://www.globaltimes.cn/page/202110/1236751.shtml)?
China’s GDP expands 9.8 pct in first three quarters
The West’s covid plandemic only caused and is only continuing to cause minor societal and economic blips in Sinoland,
Major economic indicators showed continued improvements across the board, with retail sales of consumer goods jumping 16.4 percent year on year in the first three quarters this year.
China’s value-added industrial output went up 11.8 percent year on year in the first three quarters, while fixed-asset investment went up 7.3 percent year on year during the period.
The country’s surveyed urban unemployment rate stood at 4.9 percent in September, 0.5 percentage points lower than the same period last year, NBS (National Bureau of Statistics) data showed.
During the Jan.-Sept. period, China added 10.45 million new urban jobs in the first three quarters, achieving 95 percent of the target for the whole year.
Yikes! Ten percent economic growth harks back to Deng Xiaoping’s Wild East Buckaroo Days in the 1980s-1990s.
Back at the ranch, USA is projected to have 5.6% growth in 2021, after 2.16% in 2019 and negative 3.49% in 2020. For China, it was 5.95% in 2019 and 2.3% in 2020. Europe’s numbers are very similar to the US’s. The future trends are clear for the economic prosperity of the Chinese people versus Eurangloland (https://www.macrotrends.net/countries/USA/united-states/gdp-growth-rate ; https://www.macrotrends.net/countries/CHN/china/gdp-growth-rate ; http://global.chinadaily.com.cn/a/202110/15/WS6168d732a310cdd39bc6f1a6.html and http://en.people.cn/n3/2021/1018/c90000-9908323.html).
China’s FDI inflow up 19.6 percent in first 9 months
Global capitalists can also peer into their crystal balls. Foreign direct investment in China is up almost 20% for 2021. In the USA, it is 13%. In spite of every attempt by Western empire to sabotage, sanction, boycott and ban China Inc., it is still the go-to country for manufacturing – especially high-tech – logistics and global supply chain management (http://www.news.cn/english/2021-10/20/c_1310257421.htm and https://tradingeconomics.com/united-states/foreign-direct-investment).
China’s New Renewable Project Rivals All Wind and Solar in India
China is still the global Big Kahuna in developing cost efficient solar, wind and hydro power, not to mention much safer nuclear and cleaner coal technologies. President Xi Jinping just announced a massive 100GW renewable energy project in Xinjiang. This one project alone will produce more than all the electricity India derives from its solar and wind grids, and it will produce as much energy as four Three Gorges Dams, the world’s largest hydroelectric project (https://www.bloomberg.com/news/articles/2021-10-12/xi-says-china-has-started-a-100-gw-desert-renewable-project).
China successfully tests 500-ton solid rocket engine
Of course, China now has its own space station, while the US controlled ISS is in the process of being decommissioned by 2024 (https://www.chinatechnewsflash.com/china-to-complete-its-space-station-in-2022-iss-is-being-mothballed-in-2024-the-tables-are-turned-china-tech-news-flash-10/). This week, China Tech broke world records, by successfully testing a 500-ton solid fuel rocket, to meet demand for manned moon landings and deep space missions.
NASA has been dependent on Russia for years for rocket engines and will surely keep the USA in third place, by privatizing rocketry into the hands of Elon Musk’s SpaceX. The difference? China and Russia will use their technology and profits for the benefit of their national economies and tech sectors. Thanks to neoliberal global capitalism, private SpaceX is projected to make Musk the world’s first trillionaire (https://www.theguardian.com/technology/2021/oct/20/spacex-could-make-elon-musk-world-first-trillionaire-says-morgan-stanley and https://www.globaltimes.cn/page/202110/1236730.shtml).
Chinese blockbuster hits 5b yuan, world’s 2nd biggest earner of 2021
We will close out today’s perusal of Chinese news headlines in the all-important cultural, soft power category. Boo-hoo Hollywood! Three of 2021’s top four global film earners are all Chinese, Hi, Mom; The Battle of Lake Changjin and Detective Chinatown 3. Only the well-worn Fast and Furious franchise is in the Top Four, with redundant #10, which let’s face it, is getting really long in the tooth (https://www.globaltimes.cn/page/202110/1236843.shtml and https://www.boxofficemojo.com/year/world/). You can learn much about the true state of global affairs by looking at China-related headlines, especially when they can be amplified by background information and contextual analysis.
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Why and How China works: With a Mirror to Our Own History
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