following in europes footsteps china seems to be doing it's best to destroy it's tech industry hadnt expected this wonder if something spooked themhttps://www.wsj.com/articles/chinese-tech-stock-selloff-deepens-11627369038 …
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archive link note that all of this is being driven by regulation and its not only tech getting hit theyre forcing some education companies to become nonprofits for some reason https://archive.is/8ULG5 pic.twitter.com/3dIxBBO74q
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more coming out on the Didi fiasco too https://techwireasia.com/2021/07/didi-is-in-risk-of-unprecedented-penalties-after-us-ipo/ …pic.twitter.com/W5eNyvzF1i
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eigenrobot Retweeted Alex Godofsky
eigenrobot added,
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ive often wondered what would happen if something went hot and everyone at Amazon pivoted to military logistics and everyone at Google and Facebook swapped to battlefield analytics and killdrone automation
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oh hmmmm looks like at least one property developer is in deep shit too ht
@edgarageoushttps://asia.nikkei.com/Opinion/China-Evergrande-s-troubles-are-wrecking-Xi-s-economic-story …4 replies 0 retweets 32 likesShow this thread -
eigenrobot Retweeted Rishab Hegde
speculation from
@Noahpinion noting that I have no idea what I am talking about this seems plausible to me but I also do wonder about factional competition within china as a driver who knowshttps://twitter.com/rishab_hegde/status/1420076424447238145?s=19 …eigenrobot added,
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eigenrobot Retweeted Rui Ma 马睿
this is the most unnecessarily grating and hostile thread I have ever encountered but it has some claims about chinese industrial policy the policy is well it is certainly a policyhttps://twitter.com/ruima/status/1420060835313971200?s=19 …
eigenrobot added,
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eigenrobot Retweeted Daniel Tenreiro ( 🦧, 🦧)
eigenrobot added,
Daniel Tenreiro ( 🦧, 🦧)Verified account @TenreiroDanielWeirdly taken for granted in innovation discourse that there’s some sort of inherent tradeoff b/w hardware & software (people saying China kneecapping internet cos to boost hardware) I’m not quite seeing how wiping out half a trillion in software value helps hardware cosShow this thread3 replies 0 retweets 18 likesShow this thread
its like chinese leaders read the book on china getting stuck in the middle income trap and said yes. that is what we want. and also read the book on south africa and said also we want that please.
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Replying to @eigenrobot
2021 is a weird time to say "we want to be more like germany."
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