Video of the day -- India and China
YouTuber SerpentZA lived in China for fourteen years and knows the language. Here he explains the contrast between the world's two giants (measured by population), India and China. The deep difference in the fundamentals -- democracy and relative openness vs authoritarianism and censorship -- ultimately shapes everything.
8 Comments:
Excellent video. Honesty and openness is always best in the long run. I wish more people in government felt that way here and people at large. Happiness isn’t money and power and control. When will people here learn that?
Well spoken and nicely done.
I enjoyed this a lot.
I've always found his insights about China to be very valuable.
If I had to choose to live the rest of my life in either China or India, it would be an easy choice. Freedom and democracy are essential.
I dunno if I mentioned it... Apple is moving a lot of it's manufactring from the PRC to India. For quite some time (and I buy a lot of IT stuff - it's my job, sort off) I have, where possible, bought none Chinese stuff. I'm typing this ona a laptop from Taiwan. Asus really kick the llamas ass!
NickM: I've heard that a lot of companies are leaving China. An increasingly erratic dictatorship doesn't make for a stable business environment. If they insist on having enormously long and vulnerable supply chains instead of manufacturing at home, better to put the work in a democratic country (India) where things are at least likely to be more stable.
A lot of it depends. You'd think the joint venture laws (giving the PRC rights to your IP) would stop them, but the demand for cheap labor (which can be forced to live on-site) and lack of product liability laws and the like (If I believed in the supernatural, I would assume Marx would be spinning in his grave with each new "communist" regime.) keeps them there.
And yet more and more companies are leaving China, nevertheless.
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