How China Became So Powerful
HTML-код
- Опубликовано: 10 июл 2024
- A common argument I've seen is it's because of 'capitalism'. well, kind of. but that's an oversimplification. Here is a deep dive into the stuff China did that got to its today.
I appreciate constructive feedback.🤓 If you have suggestions that you think might improve the quality of my work, address my blindspots, or just interesting things for me to consider, you are welcome to write me an email:
🍵 siming.contact@gmail.com
Connect with me on social media (China look & bite-sized thoughts):
Ins: / siming_lan
Twitter: / siminglan
Blog: siminglan.home.blog/
- Chapters -
[0:00] Intro
[2:12] Summary
[3:03] The Chinese Leadership
[5:44] Unique economic policies
[10:58] The Chinese culture
[13:30] Outro
//
Work consulted
Routledge Handbook of the Chinese Economy (eds., Chow and Perkins, 2015)
China and the Global Political Economy (Breslin, 2007)
Russia and Eastern Europe after Communism: the Search for New Political, Economic, and Security Systems (Michael Kraus and Ron Liebowitz, 1996)
China’s Economy (Kroeber, 2016)
Globalisation and its discontent (Stiglitz, 2001)
How China Escaped the Poverty Trap (Ang, 2016)
How Asia Works (Studwell, 2013)
Deng XiaoPing and the Transformation of China (Vogel, 2011)
Links:
www.forbes.com/sites/realspin...
data.worldbank.org/indicator/...
subscriber count: 20
tags: Chinese politics, Chinese society, capitalism, communism, capitalism with Chinese characteristics, gradualist, east asian development model, shock therapy, the soviet union, Gorbachev, economic reform, Chinese culture, 996, jonny harris, xi jinping, autocracy, ccp dictatorship, authoritarian, century of humiliation, imperial china, colonialism, modern history,
#chinesepolitics #howchinagotrich #socialcommentary
I see there's some misinterpretation, so I thought I'd make a disclaimer here. I made this video in response to the mainstream argument that China's economic success is because it adopted 'capitalism' (opening up its economy, allows private companies to make profits, and lessening state control), which I acknowledged in the video is a big part of its success. But I think it's a bit oversimplified.
There is some nuance to it (how China changed and reformed) and I felt that could help people who are curious about China's system gain a better understanding. I am in no way trying to promote any political viewpoints or convince anyone to take side. There's still a lot to understand about this country, and I don't claim to be an expert. Please do your own research and come to your own conclusion.
If you feel like you just don't agree looking at the thumbnail (which is fine anyway), please watch the video first and then comment with specificities and respect. Here's a little plea for empathy and an open mind. Thank you.:)
China's success has nothing to do with what you've talked about. China has succeeded because the USA decided they would be allowed to succeed in the hopes it would liberalize it's government. It did not. Now you will see the paper dragon burn. Most American companies have left they will never take Taiwan after what they saw happen to Russia. It is game over for all these house of card nations.
1. Intelligent Leadership to Try Capitalism
2. Pragmatic Capitalist Economic Policies
3. Chinese Culture (Hard Work within a Capitalist System)
Your three points are agreeable. However, comparing them against capitalism as the reason for China's economic success today is fallible. Instead, they are factors in how China adapted to Deng's decision to put China on the path of capitalism.
So, capitalism is the reason for China's economic success today. And the three you listed are the reasons why China so successfully adapted capitalism.
@@jckbquck State capitalism, to be exact.
This is another good presentation (after I gave thumb up at "Why China Doesn't Identify with the West, explained".)
Deng understood human psychology, so he set up his pragmatic policy "satisfy the common good first, then personal profit".
I like your 3 perspectives to China success and I wish to commend on the "Chinese Culture".
Today China gains enormous economic success, and precisely because of that, psychologically speaking, Chinese will become more arrogant and this will create a new culture that eventually destroys China.
Today China CCP focuses on economic growth, but that is not a holistic approach. I suggest China should bring back the old China wisdom "Yellow Emperor's Inner Classic, 黄帝内经", (which is not just on health and well being, but treating life as a whole system towards well being of not just China but the whole world", a noble and compelling vision and to be understood by all 1.4 billion population.
@@ut360q agree on the part on arrogance... great is the impediment to greatness
I remember my mom said how China at that time really saved their money and so economical to build their country and people. Now we can see the difference. China becomes a compass to all aspects: economy, technology, education and many more.
Tears in my eyes watching this, Siming. Thank you so much. Having learned some history of China and visited Yunan in 2017, I've been telling people a very similar story to the one you give here - which, i would say, is well balanced and evidence-based.
What constantly surprises me is the way people in the UK look at me and respond as though they think I have fallen for Chinese propaganda.
The mainstream media in the West only know 3 things about China: Tiananmen Square; Hong Kong democracy and Uyghurs.
I totally agree with you 3 main factors, the role of Deng Xiaoping, hard work etc. However, you have omitted another dimension: intelligence. On international scales, average western IQ is 100, while that in China is 105.
Would you also agree that, when Deng gradually abandoned communist economics, the CCP reverted to traditional Confucianism which was still in the cultural memory?
Confucianism-based economy system, Is this term for current CCP economy?
Confucianism definitely is a factor, leaders gain huge fullfillment by doing good for the nation and the people
but pragmatism(Deng's white cat black cat theory) and conservatism(Deng: cross the river by touching the stone) played huge role
also China's system is considenly reforming, that flexability allows Chinese government adepts to the fast changing society even leading it
and long term planning , people know that China is leading high speed rail and EV industry, but what people don't know is, the government started setting up for these industries decades ago. we have 5 year plan, 10 year plan, 50 year plan, even 100 year plan
last, meritocracy, China's system produces best leaders for the job, just like how successful companies select their CEO, managers, only the most capable ones go to the top positions
作为一个中国人，我对天发誓，89年政治风波，新疆维吾尔族，民主这些西方主流媒体全是假的。
至于中国成功的原因在于：实事求是，实践是检验真理的唯一标准。
希望您有一天能来中国，亲自戳穿那些西方媒体的谎言。
中国成功的秘诀：
实事求是@@dawsame5423
IQ is a bogus, racialist argument. Both people on the Korean peninsula are the same people, but one group is a poor country, while the other one is rich. Stop trying to racialize China's success.
One of the biggest reasons for China's achievements so far:
A leadership that despite all their faults have the balls to stand up and defend China's interests
Maybe a bit too.....simplified.
@@bjrnhjortshjandersen1286 I wrote it's just one of the reasons why. And of course it's simplified. I'm not gonna write a whole book in a RUclips comment
@@johnyossarian9059 Maybe a chapter would do.
A great one line description.
@@bjrnhjortshjandersen1286 some people need a whole book
Very true. What I realised early in my working career was every Chinese wanted to be his own boss and worked very hard to achieve that. Another Chinese trait is frugality and saving for future and posterity. The part of good leadership who has the welfare of its people at heart. Chinese diaspora everywhere has succeeded economically. Humility is another Chinese trait which helped China's growth; humble enough to learn from others.
Your Arguments are very well thought through and fact-based👍
thank you!
*Actually, only the CPC & CCP have money through "state capitalism" by Nationalizing the the unicorn companies such as HuaWei (Hong Kong Stock market and Hong Kongers and Taiwanese are richer than chinese citizens). China was only able to achieve what it has from foreign investment and USA referral into WTO. C C P did not invent anything, no R&D costs, they stole and copied the west. This will be quickest rise and fall of any nation in history. Since C C P exported w u h a n f l u, nobody trusts C C P. High interest rates means the west is buying less products made in china*
Great video, milady! So incredibly hard to summarise such a complex issue in 15 min, but you were able to do it. Congratulations! on your great skills.
BTW, loved the ending - one of the best parts... thanks
You forgot, that deng xaoping visited Singapore in the late 1970’s and saw how, lee kuan yu transformed an island nation with no natural resources, into one of the most prosperous countries in the world.
1 important point you missed is when China just open up in 70s, there are no investments from the west. The investors are mainly oversea chinese from places like hong kong, taiwan and south east asia countries. These initial investment are important to build up the system, infrastructures, human capital, which attracts multinational companies from the west to invest in China in 90s
As a person planning to teach ESL in Shanghai next year, I thoroughly appreciate the well articulated, well written and presented information. I am doing hours and hours of research preparing myself for this major life decision to move to China and teach. I realized when I started making more and more friends in China, that I really wasn't given a education in all my college years or high-school years for that matter about China or Chinas history. This is a welcomed supplemental piece of education to my already self started one including with the learning of the Chinese language. Thank you so very very much for your videos. You have another permanent subscriber.
Xiexie Lan 🙏🏾
Excellent presentation!
I also have to say that the Mao years were tumultuous, it laid the groundwork for the improvements that could be implemented from the 1980s.
*Actually, only the CPC & CCP have money through "state capitalism" by Nationalizing the the unicorn companies such as HuaWei (Hong Kong Stock market and Hong Kongers and Taiwanese are richer than chinese citizens). China was only able to achieve what it has from foreign investment and USA referral into WTO. C C P did not invent anything, no R&D costs, they stole and copied the west. This will be quickest rise and fall of any nation in history. Since C C P exported w u h a n f l u, nobody trusts C C P. High interest rates means the west is buying less products made in china*
THE CONTRIBUTION OF MAO WAS TO UNIFY CHINA. MINUS TAIWAN ISLAND/PROVINCE. BUT HIS GREAT LEAP FORWARD N CULTURAL REVOLUTION WERE DISASTROUS FOR CHINA. FORTUNATELY TENG, THE WISE, PRAGMATIC LITTLE MAN SUCCEEDED HIM. THE REST IS HISTORY.
Agree totally! China is continuing to evolve. China's achievements today is the result of the Mao years since the establishment of the People's Republic of China in 1948 - all the positive and negative experiences gained. China's strong advantage is that they are able to reform. No other country has conducted the amount of reforms as China?
@@marlyntyzzer3919In Western so called democracies, only the party change but policies remain the same
THANK YOU for such a unique explanation of China's rise! Mainstream media so often simplifies it without looking at the deeper reasons. The point about gradual practical economic policies was especially important. The local governments in China actually listen to the regular folks & experiment with local policies A LOT. Your second & third points really put into stark comparison why China succeeded while the USSR & India failed (India is catching up, though). I really couldn't help but clap at the end of the video 😂😂😂
Maos major achievements were 3: 1) Ending the Civil War, 2) Attaining nuclear weapons, 3) opening relations with the USA.
These 3 were the biggest factors that eventually allowed future leaders to reform and build up off of.
(Minor other points: 4) Strong relations with Stanlinist USSR, 5) Getting the UNSC seat from ROC)
开国时期的一边倒，获得苏联的支援，建立工业基础，两弹一星，三个世界的划分，
I am so happy and proud that the Chinese people could stand up to rebuild their country and make huge progress in the economy. I salute you.
Offtopic: You could make a video for a layman, on some basics how to play that instrument. You have a talent to summarize complex things, thanks for the video.
I am now a fan of your videos and articles!
Very insightful and well explained!
Thank you another great video, always call a spade a spade. Hard work, smart decisions, no wars and no corruption are the ingredients of success
This is a great video.
I subscribed 👍👍
All of what you mentioned are correct.
The Hybrid system of centralised planning, capitalistic system, motivation and the hard working ethics of the Chinese.
The success of post war Europe was primarily due to The Marshall plan and investments from America (and eventual domination).
Totally agree with your assessment. Good job in articulating it so well.
Good video! Well put together. Keep it up.
Great Sharing from a different perspective. Also great comparison to show that it's not just simply one factor like large labour pool or having a lot of ports. Keep it up!
thank you!
@@SimingLan U R CORRECT. AS U MENTIONED, INDIA HAS HUGH LABOR POOL. IT EVEN HAS THE ADVANTAGE THAT IT HAS BIGGER ARABLE LAND. BUT EVEN UP TO THIS DAY, EACH CHINESE HAS FIVE TIMES THE PURCHASING POWER OF EACH INDIAN.
Really informative and interesting video! Keep it up! Subscribed🤗
thank you Haakon!
I appreciate your video, you're very talented. Keep going, I want to see your channel grow!
hi there, thanks for the love :)
Excellent documentary! I must have watched it four times! You're not kidding about condensed. Also, beautiful gift of you playing music for us to share the Chinese culture instrument. ❤
love your thoughts and tunes! ive been preoccupied with china lately... there is so much misinformation. i hope everyone can just get along soon bc we have a lot of problems we can only solve together.
hi there, thanks for the comment! yes i agree :)
@@SimingLan I M A HALF CHINESE FILIPINO. I HAVE EXPERIENCED THE CHINESE CULTURE OF MY LATE FATHER. HARD WORK. THAT HAS BECOME MY HABIT OR CHARACTER. GET EDUCATED. I M NOW A CHEMICAL ENGINEER, N HAVE BECOME AN EXPERT IN AQUACULTURE. WHAT THAT CHARMING CHINESE LADY COMMENTATOR SAID IS ABSOLUTELY CORRECT.
Not just misinformation but propaganda. The western (mainly US) military industrial complex seeks to divide and rule in the same was as the old imperial industrial military powers did.
The humility showed by Deng Xiaoping, resulted in the reawakening of a great civilazation. Though I must say this progress was threatened to be derailed by the Tiananmen incident.
By the way it was such a pleasure to enjoy your guzheng tune, like an ancient princess performing for the emperor. JK.
Hello Siming Lan, a very interesting presentation, stressing some less mentioned factors in Chinese economic evolution. All economies world wide and societies are being challenged by dwindling ressources, climate change and environmental degradations. It would be interesting to make a summary of the current policies and actions in meeting these challenges. I am suscribing to your channel. Cheers Phil
hi Phil, thanks for the comment, and i appreciate the support :)
Dear Siming, Thank you for your videos. I
Siming, very smart in choosing your topics. Keep up your good work. I hope more overseas Chinese of younger generation get to hear your voice and logic ❤
ALWAYS LOVE YOUR VIDEO, SIMMING LAN.
love it, thanks for sharing, have a nice day x
thanks for the love, and you too x
Love your videos, the world need a positive and fair view about China, wish all the success,
KEEP ON DOING YOUR PROGRAM; IT IS INFORMATIVE AND INSPIRING.
Keep it up. Make all Chinese proud.
EVEN A HALF CHINESE LIKE HAVE FELT SO PROUD OF MY CHINESE HERITAGE. BUT I M LOYAL POLITICALLY TO MY COUNTRY OF PHILIPPINES.
Thoughtful analysis in summary of the Economic Prowess of China.
Excellent research.
So happy to have discovered your channel! As I’m so interested in Chinese history and culture, I’m watching your videos back to back. May I ask which UK university you studied at? And what your major is (maybe business, finance, developmental studies)? 太谢谢你了 🙏🏻🇨🇳🎷
Also, have you read Wang Anyi’s ‘Song of Everlasting Sorrow’ and Eileen Chang’s ‘Love in a Fallen City’?
I’m guessing you most certainly have and I must say I couldn’t stop turning the pages on both 📖
Nice Guzheng playing, btw! A fellow musician 🤩
China is truely a miracle . Deng xiaoping is definitely my inspiration.love from india.
Btw you are very beautiful.
Love the traditional Chinese music at the end.Thanks.
Thank you so much Siming Lan for sharing this very thoughtful and insightful perspective about China. Keep up the great work. I'm looking forward to more awesome videos from you.
Thank you for producing this vídeo. 👏👏👏
Your coverage of contributing factors was excellent, though I feel as if a fully fair presentation would include companion video covering some of the other factors which you chose to provide a greatly lessened air time. The emphasis on more positive elements of China's successes in recent decades presents a bit of an overly optimistic story. That's not to say that what you chose to cover is less important than the other factors - just that they are of somewhat similar importance to other major elements playing into China's economic rise which are popular for other commentators to emphasize.
If I were to propose a further 3 factors which would be similarly worth of coverage, I would cite the following:
1. It's too much of a hand-wave to de-emphasize the role of market reforms in your presentation. In particular, FDI has been a game-changer for China in recent decades. The extremely substantial investment of commercial entities located in other nations into China's burgeoning manufacturing sector, particularly during the 90s and 2000s. This greatly accelerated the growth of China's large and fairly modern industrial base.
2. At-the-time favorable demographic trends, such that the number of children which each adult needed to raise was low in number for a large number of years. This enabled workers to conserve resources and prioritize productivity over child-rearing.
3. The phenomenal expansion of infrastructure which was accelerated during the immediate aftermath of the Great Recession. This enabled people and goods to move far more quickly and efficiently from one part of the country to another, and helped usher in a greatly-improved quality of life.
Of the factors which I cited, 2 of them are looking increasingly ephemeral, but even with reduced foreign investment and unfavorable demographics, China now benefits from modern, extensive infrastructure, and I don't see demographic decline necessarily changing the aspects of Chinese culture which encourage hard work and education within practical fields. The next 3 decades don't look nearly as booming as the last 3, but if handled well, a transition into a stable (if perhaps a bit stagnant) modern economy is quite feasible.
Still a very good presentation on the whole, and excellent English - though you may want to reduce your usage of the word "and" when giving a formal presentation. I hope you continue to provide more of your inside perspectives on modern Chinese culture, economics, and society in further videos! Subscribed.
great comment!! enjoyed reading it
@@SimingLan Good work.
please make a video on china and india 5000 old relations and historical events between two countries.
Well done. Keep up the videos.
Love your video, go and go. 加油！
Awesome 👌🏾
Wonderfully done. Thank you so much.
Having a good attitude a good grip on reality with production incentive is a big win win . Thank you Siming Lan for your straight up report.
Deng is one of my biggest heroes. Great video.
Outstanding!! Enjoy all your videos.
Please continue your videos.
II look forward to your videos.
Very well researched piece ❤
Great explanation . Thanks for the information.
Good explanation and analysis. Agree completely! Wow, you play the guzheng beautifully!
I am really enjoying watching your presentations on China and how it pulled itself out of poverty and became a world power within a relatively short time. As an African, I think the continent has a lot to learn from China. I'd be interested to know a lot more about the specific policies and efforts that were made to lift over 800 million out of poverty within a couple of decades. This is indeed a major historical feat.
You have to keep in mind that Africa is still subject to western imperialism and while that is the case Africa will never prosper like it should.
China was in the exact same position as Africa as a matter of fact, you should look into it! They did this by fighting back and taking back their homeland.
Thank you Siming dear 🙏🏽
cheers
Great video!
I think Ryan Chapman's video about the rise of China was an inspiration for this video, am I right? 😁
yes he's great!
I partially agree with this analysis, but i think it leaves out several important elements.
1. On leadership, i mostly agree that the leaders were wise to turn things around after the issues brought about in the great leap forward. However, external factors that had virtually nothing to do with China's internal reforms, e.g. Nixon bringing China into the UN and raising its political clout to counter the USSR in the cold war, also helped to transform China into an acceptable country to associate with and trade with in the international order, i.e turning China into a politically powerful country. China wouldn't be as powerful were it not for such external factors.
2. On economic policy, three points.
First, I think external factors actually account for most of China's progress. In the book you cite, how china escaped the poverty trap, the author actually states that it's quite possible that the leaders of China in the 1970s and 80s adopted Mao-era guerilla warfare flexibility, essentially enabling them to make painful changes necessary to achieve bigger goals further down the line. I am inclined to agree.
In making changes to the broader economy that they disliked but considered necessary, i.e. becoming a bit more capitalist and opening up for foreign investment, they were able to convince foreign governments that China as a country was completely committed to having not just a liberalized, market based economy, but possibly even a liberal, democratic government in the future. China let these delusions play out while absorbing foreign investment and using this new capital to fuel its economic rise.
Chinese leaders' flexibility was a big reason foreign capital was drawn to China, but without that capital, China's economic reforms alone would likely have changed little about the country in terms of its power.
Second, i would strongly argue that the Chinese economy is still highly state-controlled, with only a veneer of privatization or decentralization.
China's legal system formally states that all private Chinese companies must comply with any and all government mandates, including mandates to help weaponize their products against China's adversaries and steal IP from foreign companies doing business with Chinese companies. This has been the law on paper since the late 2010s, but it has been the reality in practice for decades.
There is therefore no real private enterprise in China unless the Chinese government allows it. The moment the gov changes its mind, it will crack down hard on whatever industry it has on its kill list, e.g. the tutoring and tech crackdowns over the past few years.
Third, the government's control of the economy has severely hampered China's organic growth, indirectly decreasing its power.
As you point out, it's supposedly local governments that have the power to engage in experiments in economic policy and act as decentralized economic hubs. However, due to the stringent economic growth numbers that the national government demands local govs hit, the local govs are not incentivized to take real risks that could cause big organic growth or result in big declines - all local govs are incentivized to make growth numbers good, whether they are real or not. All local govs therefore spend much of their time and money appeasing the central government by diverting funds to useless projects that boost growth numbers and are risk free on paper. Unfortunately, they are also inorganic and are not productive to society at large.
Think of China's "ghost cities" with no occupants built on the outskirts of major hubs, and China's trains to nowhere. These are examples of inorganic growth that are a ticking time bomb - once the central government is unwilling or unable to prop up these artificial numbers and growth rates, and the lack of real productivity from these projects becomes inescapable, China's economy will be revised downward massively in the international finance world.
In essence, China's economy is not just centralized, but is on track to expose China as much less powerful economically than it appears.
3. On Chinese culture, two points.
First, the drive to "be ambitious and hardworking", i.e. grind oneself into the ground, studying and working day in and day out under the 996 schedule, is only a driver of economic success so long as other important economic elements are in place. Things like foreign investment, job opportunities, and standards of living have to continue to increase for the workaholic culture to fuel more growth and make China powerful.
However, these economic elements are actually decreaseing. Foreign investment in China is drying up, youth unemployment in China is sky high and rising, and the housing crisis in China is destroying Chinese citizens' net worth and consuming much of their wealth and incomes (since in China the only way to ensure social/romantic desireablity and preserve the value of capital has historically been to buy property, with all the mortgage payments that entails - not great when property prices are falling).
Add to these issues the fact that China has essentially a caste system that prevents people born in rural areas from rising up the social or economic ladder, and restricts educational opportunities for them and their kids, and the prospect of seeing increasing standards of living in the foreseeable future seems out of reach for many Chinese people. Lifting people out of poverty is great, but relative social advancement is what citizens want next, and it doesn't appear likely to happen. Without such advancement, consumption may stagnate, and China's economic power may stagnate too.
Second, the workaholic culture of China is very demoralizing. People did not evolve to work all the time; relaxation is necessary for human creativity and flourishing, and the Chinese/Japanese/Korean workaholic culture is much worse for citizens and families at than a more relaxed approach. This added chronic stress on the populace will not strengthen the country, since chronic stress can spiral into a range of psychological and physical problems later on down the line. Healthy population, healthy nation; healthy nation, powerful nation.
In short, I think more credit needs to be given to external forces that made China powerful. I also think we need to acknowledge that those same external forces, and a few internal forces, appear to be reversing the gains in Chinese power.
I agree. Didnt CCP take down Jack Ma founder of Ali Baba after he complained about regulations. I don't see how they are going to get to 4th industrial revolution without any multinationals. They just became a dumping ground for western manufacturing which will stop as these companies go to even cheaper labor markets.
You are pretty (& literally so!) matured in your discourse on the topic for a young person. Well explained for such a short video.
Just discovered & subscribed. Hoping for more insights to understand modern China. 👍😊
Congratulations! Very clearly explained!!!
Thank you for the video, well done.
Well done! Balanced and objective!
Enjoyed you video!!!!!!!!!!!!! Hard work and education
Thanks so much for your analysis. It is quite informative. It's the best so far have heard about China. Please keep it coming.
Love how you play the Guzheng (古箏)
ANOTHER excellent video. I discovered you this week and am now SLam binging and sending to my relatives. You offer intelligent analysis of China from a non-professional view, that is not govt controlled propaganda. Please remain in this web-niche as you are the only one that I have found.
Your vid on "Jordan Peterson Changed My Life" was perfect. You have indeed developed your writing, thinking and speaking skills thru his advice. WELL DONE. Please continue. 🥰
Nice points. You're very well-spoken and also beautiful. Kept my interest for 15 minutes. And I subscribed too.
Very good report. (Can you drop the numerous "and" s in your report?) 😊
Thank you for sharing your point of view with a very positive attitude. I also very enjoyed your 古箏演奏， too.
make a video on the housing market plz, it really would help what a voice on the ground thinks about the chinese housing market and the crisis that seems to be looming.
hi there, appreciate the comment. i'll see what i can do - thanks for dropping by!
Dear Miss Lan. Your voice and contribution is very valuable in these days. There are many misconceptions in the „West“ about China, that needs to be addressed. As a Swiss I always try to see both perspectives, and I see that you also enter both view points. A view point is not an opinion.
Very happy to have discovered your channel, keep up your good work and stay happy and healthy.
Thanks for a great video. Blessings from South Africa
You have a textbook view of the proceedings but Great video.
As an overseas Chinese watching China rise from rag to riches from the outside. The great change come about from a pure ideological communist approach to a pragmatic Chinese approach. Chinese communities all over the world have a pragmatic, hardworking, competitive culture.
Overseas Chinese from all over South East Asia, Taiwan and Hong Kong helped China grew by setting up factories there, it wasn't altruistic or patriotic but to make money. My first experience with China was that the people were lazy, socialism has that effect. This gradually changed as the money flowed.
But the big break came from the cold war, the US courted China to its side with relaxation of sanctions and isolation. The US won the cold war and China got a economic opportunity, a good trade.
Unfortunately We have now come full circle with China back in another US trade blockade. China's leadership has not been the greatest and corruption is still a huge problem. The Evergrande crisis and the provincial bank run are evidence that Xi has to do more to clean up the leadership team. Chinese culture makes us good businessmen but also corrupt officials. Lee Kwan Yew recognised this fact and made sure that Singaporeans officials were paid as high as most corporate executives and you get fined for every infraction, even spiting chewing gum on the road. Hong Kong was a cesspool until the establishment of the ICAC.
So, China made it mainly because of our culture, from my point of view and a bit of luck.
My parents left Guangdong for Hong Kong at a young age. Later they left for America. All my life I felt a disconnect with China because of my family's horrible experiences under the communist regime. And having grown up in America I have a strong western identity. But in recent years I have learned so much about how China has transformed so completely. I am so proud of my people there, and I am looking forward to spending a lot of time traveling there someday.
"Democracy, Liberty, Equality, Rule of Law, Human Rights"
The so-called "Universal values" in the West,
There are five major products:
1. "Evil and Incompetent Politician";
2. "Stupid and Ignorant Voter";
3. "Filthy and Shameless Media";
4. "Greedy and Ruthless Enterprise";
5. "Hateful and Disorderly Society".
The so-called "Universal values" in the West,
Not "Christian values" at all!
And It's not "Universal" even!
There are another type group of people are totally opposite compare with you. They came to the western countries after 90s and they had a peaceful life back in hometown of China. But that group of people hate China with no reason, they just hate everything that related to China, related to the communist party even the party didn't do anything to them.
Full of craps.
If u can, do visit China. Do understand/learn Chinese language n civilisation n cultures. Thereon, u will appreciate them more, instead of one sided narratives by collective west MSMs or materials... To really appreciate real historical events n how China gets to present, understand historical facts etc....know the contexts n conditions then, are important...
😢@@gohsiewhau4819, Indeed, a lot of of Chinese crises and suffering were created by the invasion of the outsider forges. Looting, killing, occupying and stealing resources out China and it puts China over 200 years behind financially.
Great video and how u can summarised everything in a short video. I also like ur ku-zheng music at the end. Very relaxing. However, I hope you can do a video on the current influence of communism into the current state of the nation especially during the covid lock down and why it is necessary to impose such strong influence in Hong Kong ahead of the agreed total hand over. Also perhaps touch on the Taiwan situation. But if all that will put your life in danger, perhaps then do it next time .;)
You are right about human capital and coastal cities. Disappointed that you failed to acknowledge that it was largely the result of the worldwide trading system put into place following WW2 and innovations such as those in shipping developed afterward. Pre-WW2, it would have been difficult to import ore from Brazil to say make steel, import bauxite from Australia for aluminum and far fewer customers had the free trading system not been implemented. I'm sorry, but US, Europe and even Japan and Taiwan deserve credit in addition to the hard work of Chinese citizens who were finally free to pursue capitalist talents following Deng taking power. It's obviously a complicated set of events but you give far too much credit to the government which basically finally got out of the way of the Chinese people. Would add that hard work and commitment to education is close to a universal value. India has been held back because their government still interferes too much and cultural traditions that impede progress are still in place.
I would argue that the trading system established after ww2 is not a major factor in China's success. The reason is that many other countries were using the system, including countries that were much stronger & wealthier than China when CCP came in power, but only China managed to grow in such speed and consistency.
@@kennyng8335 As it is an "alternative history", one cannot say with certainty that another system might have emerged that allowed it but I doubt it. Many countries have done what PRC has done. South Korea, Japan, Taiwan, and to an extent Brazil (many years ago). Japan obviously had some advantages as they were industrialized prior to WW2 and Germany and other EU countries grew at exceptional rates after WW2 too but they were more like Japan. SK, Taiwan and Brazil were farming economies that did (and still do) very well but their growth rates came down and it is largely inevitable that this will happen to PRC too. Now the population of China makes it exceptional but India is only country in that category so there are no comparisons.
@@jeffboyd9301 Guess the phrase "alternative history" already reveal your true intention here. China's growth is totally beyond those countries that you mentioned, those are one hit wonder & doesn't last long, the key point here is "speed & consistency" which you choose to ignore.
@@kennyng8335 PRC fell far behind during Civil War and Mao years so if you look at data since 1980, yes I'd agree PRC blew other countries out of the water but the other Tigers had many years of very high investment-led growth that were astounding. In 2020 GDP per capita data from ChatGPT was. PRC - $11K, SK - $31K, Taiwan - $26K, Japan $41K.
Investment-led growth eventually hits a wall as returns on investment historically have declined once a country builds out infrastructure and has to rely strictly on productivity growth. I have no idea when China will hit the wall. Perhaps it will grow at 9-10% for many years into the future and have GDP comparable with or exceeding other Tigers. Only time will tell. In the meantime, I'll bet certain areas of China are already on par, or close to Asian Tigers as GDP growth has varied from region to region far more than other countries.
Hi Siming, does cash generally still accepted in Beijing, Shanghai and big cities? Traders may not have enough small change, what if I say keep the change?
Most people use payment apps now, except older people who don't feel comfortable with modern technology.
Thanks for your video
China 🇨🇳 was a very ancient civilisations and I think they still do there ancient traditions that built this country into 100 steps ahead of the world
Thanks!
There are two ways to be fooled. One is to believe what is not true. The other is to refuse to accept what is true.
very nice
great analysis
Excellent
Oh wow, a thoughtful video on a complex topic and then such amazing music at the end? 😊
How is the learning of skills like music and art integrated into the hard work ethic? Is it something you learned as a child but weren't able to progress much while working such long hours?
Muy bueno este vídeo.
En Latinoamerica desafortunadamente tenemos mal liderazgo y estamos divididos y débiles.
Saludos desde Sidney
gracias
An unbiased analysis of the endeavors of the Chinese populace collectively, to bring China out of poverty and supercharge their economy. You've overlooked one major point however. The enactment by President Bill Clinton of 'Most favored status' in trade with the USA. This allowed for an open market for goods and services that increased a positive trade balance fivefold. Needless to say, your body of work is intellectually concrete and very refreshing. I enjoy them. We enjoy the same status here in Canada.
China model of success depends on 1) political stability 2) oversea Chinese contributions 3) economic reforms 4) science and technology advanced 5) industrial reform 6) military advance 7) FDI
*Actually, only the CPC & CCP have money through "state capitalism" by Nationalizing the the unicorn companies such as HuaWei (Hong Kong Stock market and Hong Kongers and Taiwanese are richer than chinese citizens). China was only able to achieve what it has from foreign investment and USA referral into WTO. C C P did not invent anything, no R&D costs, they stole and copied the west. This will be quickest rise and fall of any nation in history. Since C C P exported w u h a n f l u, nobody trusts C C P. High interest rates means the west is buying less products made in china*
Another great video. Thank you
As of 2021, around 35 million students were enrolled in public colleges and universities in China.
You missed out the contribution of overseas Chinese in SE Asia from the 1980s. Mr Deng visited Singapore to understand how Singapore developed industrialisation by attracting US European and Japanese investors.
There is only one thing I don't quite agree, the evaluation of Mao's contribution to China's modernisation, Mao's social restructure and social reform is the foundation for Deng's reform to be even possible, also China's first generation Industry which was built up during Mao's period with the help from the Soviet. Understanding how China was able to developed from such poverty background, you would wonder how come the leadership still had the courage to lead China without thinking maybe history was not planning to keep a space for us Chinese people, our future generation would be the vagabond of the would. For that, on behalf of our sons and grandsons and beyond, I'm truly grateful.
Not unlike how the dragonian Qin Dynasty set the foundation for the golden age Han Dynasty.
I love your channel. Very well said n thoughtful. Sending you lots of love ❤️❤️ from Indonesia, from a chinese born in Indonesia. ❤️
I didn't read your video intent. Now I see your point and agree.
youtube is crazy, i've been watching videos of china, either from foreigner of from the china media but i never saw you like since last week, and i've been doing this for like almost 5 years, seriously, you need to share your videos in a better platform, i hope chinese platforms can provide you a better appreciation!!!
Amazing vlog and old video files
Speaking of the intense work culture, what is your perspective on Tang Ping? Seems to me like a healthy criticism of contemporary Chinese work culture.
There is more to life than just work...
Well done.
Watch and learn. How many are willing to view the world in this way? "White cat or black cat what matters is if it catches nice". Think about it. Enjoyed the vlog.
I really like your videos, Siming. I hope one day we can have a discussion.
I am of Chinese descent but never knew what that meant. Since I do not speak, read or write Chinese, did not feel connected to my roots for most of my life. But now I realise that I possess very Chinese DNA since I studied hard, worked hard, saved as much as I could, built a better future, was pragmatic, family oriented and proud to be successful. Must be the culture you mentioned.
Nice job, been watching history of China Fromm 1700 to 2022. I was coming to same conclusions, you did supergirl lift. Putting all together.
Intelligent leadership, like Lee Kuan Yew gave Singapore. Pragmatic focus on the economy. Cultural valuation of education and hard mental and physical work, as probably modeled by Chinese Singaporeans for the general Singapore population. Maybe ports, too. It makes sense, and you explained it so simply and charmingly 👏
Deng sent government officials all over the world to look at their economies. In the end, it was indeed the Singapore model which he favored and thought woul be applicable to the Chinese context.
First, I will admit...this is my first video watching your content. But I must say I'm impressed very much by your analysis. And you made lots of sense.
May be you talked about yourself before in your other videos (and will try to watch as much as I can), but I was wondering what you studied in school?
I'm from Eritrea and last wk, our "Authoritarian" President met with your "Authoritarian" leader in Beijing. And they've inked large contracts/projects of worth billions.
As for the "growth factors" you listed in the case of your country...are all missing in my own country, except perhaps the third point - the culture & work ethic factor, even that may not be as deeply ingrained as in the case of Chinese culture. So, being a Christian, I'm just going to say, "God save us" or else we need to convert to Confuciusianism & pray to the Dragon in order to be saved or else...😅😅😅