Gives me Saruman LOTR vibes... how can western companies compete with manufacturing at such immense scale... Employees reportedly living in dormitories within the factory-city, no doubt soon to be replaced by robots they will be building...
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80 sats \ 3 replies \ @BlokchainB 12h
The power of the CCP
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63 sats \ 2 replies \ @Solomonsatoshi 10h
The CCP poliburo is composed mostly of trained engineers- reverse engineering the wests technology and beating the west at its own game.
China has won the trade war.
What comes next is domination of protocols like monetary systems.
Good bye USD reserve currency status.
Good bye US exceptionalism/imperialism.
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58 sats \ 1 reply \ @gmd OP 9h
Maybe their population will implode and cause economic collapse before their AIs go rogue and conquer us all...
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118 sats \ 0 replies \ @Solomonsatoshi 9h
Maybe although an aging population is not unique to China- it is present across all presently wealthy nations.
Chinas current retirement ages of 50 for women in manual labour and 55 in white collar jobs and men 60 leaves more room to move as does Chinas lead in robotics!
'China is gradually raising its retirement age for the first time since the 1950s, with plans to increase it from 50 to 55 for women in blue-collar jobs, from 55 to 58 for women in white-collar jobs, and from 60 to 63 for men, starting January 1, 2025. This change is part of efforts to address the challenges of an aging population and a shrinking pension budget.'
https://www.bbc.com/news/articles/c62421le4j6o
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73 sats \ 0 replies \ @0xbitcoiner 14h
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63 sats \ 1 reply \ @User21000000 9h
That is massive
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5 sats \ 0 replies \ @gmd OP 9h
yuuuge
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63 sats \ 0 replies \ @Solomonsatoshi 10h
China has won the trade war.
There is no stronger combination than a determined government leading industry to maximise efficiency and productivity.
The west once did this then the neoliberals took over with their parasitic corporate sponsored rentseeking ideology.
They enabled China to lead the second industrial revolution which flows into the post industrial revolution.
This is the end of western civilisations global domination.
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0 sats \ 0 replies \ @nitter 14h bot
https://xcancel.com/pitdesi/status/1901706291266896057
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