Rise of China?

[CatsAttack]

Why does the New York Times have a Chinese language edition, they never even had a Spanish edition in a country where every sixth person is Hispanic.

Jokes on them cause the NYT is blocked in China, waste of money IMO.

Your thoughts?

[GiantMonkeyMan]

China is the second largest contributor to global capitalism whilst, in a sweeping generalisation, Spanish speaking people/countries are generally quite poor. A bourgeois newspaper that panders to the bourgeoisie. Go figure.

[CatsAttack]

China is the second largest contributor to global capitalism whilst, in a sweeping generalisation, Spanish speaking people/countries are generally quite poor. A bourgeois newspaper that panders to the bourgeoisie. Go figure.

That doesn't explain anything. Nice try though.

[Bostana]

That doesn't explain anything. Nice try though.

Actually it does....... It does indeed explain your question

[CatsAttack]

"Spanish speaking people/countries are generally quite poor"

Well lets do the math.

Per capita GDP. China is poorer than; Peru, Mexico, Colombia, Costa Rica, Argentina, Venezuela, Chile, Uruguay, and others. And lets not forget Spain!

Lets add on the fact that 1 in 6 Americans are Hispanic and many of them speak Spanish. Let's not forget America is the worlds richest country and an American McDonald's employee is making more than a Chinese engineer.

[Bostana]

Per capita GDP. China is poorer than; Peru, Mexico, Colombia, Costa Rica, Argentina, Venezuela, Chile, Uruguay, and others. And lets not forget Spain!

Oy,
This is statement is simply false: http://www.aneki.com/richest.html

[CatsAttack]

Oy,
This is statement is simply false: aneki/com/richest

Re-think this post.

[Brutus]

'Per capita', being the key words, botsana

[Bostana]

My bad
I was looking at the 'richest" part

Either way, your question was answered by GMM. China has the second largest economy and a lot of American businesses do what they can to reach out to China

[Jimmie Higgins]

Per capita GDP. China is poorer than; Peru, Mexico, Colombia, Costa Rica, Argentina, Venezuela, Chile, Uruguay, and others. And lets not forget Spain!What are you basing this on? If capitalists cared about how wealth was shared throughout the population - well there'd still be Keynsianism at the very least. Capitalists do care about profitability and productive capassity and so on and China is one of the world engines of capitalist growth - or has been in recent years. Growth is where it's at for capitalists and China is a major recipient of investment $. In terms of overall GDP, Latin America as a whole is the worlds 4th largest and behind North America, EU and China (which is the 2nd largest economy).

I'm sure the Times could give a shit about underdevloped communities in the North of China or about the lot of some ex-pesant who has migrated to the cities for work - they aren't even trying to sell papers to people like that (or you or me, for that matter) so I'm sure their decisions are based more on the professionals and managers doing business in China or the Chineese doing business with American firms. So per-capita means little, the huge reserve of labor and productive opportunities are what matter.


Lets add on the fact that 1 in 6 Americans are Hispanic and many of them speak Spanish. Let's not forget America is the worlds richest country and an American McDonald's employee is making more than a Chinese engineer.$17K a year in China is a management wage and secures you a place in a nice home where you import fancy American consumer goods and live like people on American TV. $17K in most of the US means you are on food stamps. Double-that in the US and you rent an appartment in most US cities and maybe have a small car. To have a house in S.F., for example, on the lowest end you'd need to be making at least $75k a year.

I make $22K and let's just say I'm not reading the financial times for investment tips.

[CatsAttack]

What are you basing this on? If capitalists cared about how wealth was shared throughout the population - well there'd still be Keynsianism at the very least. Capitalists do care about profitability and productive capassity and so on and China is one of the world engines of capitalist growth - or has been in recent years. Growth is where it's at for capitalists and China is a major recipient of investment $. In terms of overall GDP, Latin America as a whole is the worlds 4th largest and behind North America, EU and China (which is the 2nd largest economy).

I'm sure the Times could give a shit about underdevloped communities in the North of China or about the lot of some ex-pesant who has migrated to the cities for work - they aren't even trying to sell papers to people like that (or you or me, for that matter) so I'm sure their decisions are based more on the professionals and managers doing business in China or the Chineese doing business with American firms. So per-capita means little, the huge reserve of labor and productive opportunities are what matter.

$17K a year in China is a management wage and secures you a place in a nice home where you import fancy American consumer goods and live like people on American TV. $17K in most of the US means you are on food stamps. Double-that in the US and you rent an appartment in most US cities and maybe have a small car. To have a house in S.F., for example, on the lowest end you'd need to be making at least $75k a year.

I make $22K and let's just say I'm not reading the financial times for investment tips.

Your post is utter nonsense. You are ignorant of very basic facts. I don't dare point out each absurdity of yours. What utter rubbish you are spewing!

You are completely ignorant of the realities in China, you know less than nothing. I am embarrassed to read your post. Housing costs are sky high in China, what would get you a large suburban house with nice yard and garage will get you a box in China. Car's will cost 2x or 3x what they cost in the US, a drivers license alone will cost over $800, while a license plate in Shanghai will cost you $10,000, those 'imported' goods will cost 30% more at a minimum. Never heard of the "Chinese housing bubble" Mr. Condescending Expert?

And you propose they are trying to sell papers to foreign professionals and managers doing business in China? 0.5% of whom can speak, much less read Chinese. And that's putting aside the absurdity of selling a print edition of a blocked internet news source.

I expected much better coming from you.

[Jimmie Higgins]

You are completely ignorant of the realities in China, you know less than nothing. I am embarrassed to read your post. Housing costs are sky high in China, what would get you a large suburban house with nice yard and garage will get you a box in China. Car's will cost 2x or 3x what they cost in the US, a drivers license alone will cost over $800, while a license plate in Shanghai will cost you $10,000, those 'imported' goods will cost 30% more at a minimum. Never heard of the "Chinese housing bubble" Mr. Condescending Expert?

Lol, "condescending expert" - I'm sorry but disagreeing with you is not condescention. Troll harder.

Costs in cities are quite high as far as I know, but it still does not mean that a North American McDonald's employee and a skilled professional in China are at the same level... or that Financial press is focused on minimum wage americans. Everything I've read suggests that comparitivly, skilled professions in China are on par with US or Europe and have been increasingly flaunting their mobility with conspicious consumption. Labor is still very cheap, though relative to other places in the world, the Chineese working class has seen realitivly steady wage increases even though there is inflation (until recently when growth slowed and wage increases did as well which is part of the reason there has been labor unrest).

But the main point I am trying to make is that if the paper publishes for China but not latin America, it is most likely due to the importance of China for the world market and for US capital in particular. What is your counter-suggestion?

[Prof. Oblivion]

The site, which is called cn.nytimes.com and went live Thursday morning China time, is intended to draw readers from the country’s growing middle class, what The Times in its news release called “educated, affluent, global citizens.’’
http://mediadecoder.blogs.nytimes.com/2012/06/27/the-times-is-introducing-a-chinese-language-news-site/

[AnSyn Blackflag]

Jokes on them cause the NYT is blocked in China, waste of money IMO.


Many central goverment laws do not apply in Special Administrative districts such as Macau and Honk Kong.

My guess would be that NYT still reaches out to those heavily populated areas which would account for allot of readers.

I also imagine that the wealthy elite of china have their ways of getting access to the Trade sections of NYT.

[CatsAttack]

Many central goverment laws do not apply in Special Administrative districts such as Macau and Honk Kong.

My guess would be that NYT still reaches out to those heavily populated areas which would account for allot of readers.

I also imagine that the wealthy elite of china have their ways of getting access to the Trade sections of NYT.

Please don't speculate. If you don't know, then you don't know. Your posts will only confuse other readers. There are only 500,000 people in Macau and 7mln in Hong Kong. They are Cantonese speakers and are not reading the NYT Chinese section, I can assure you.

[Teacher]

A billion people in a country with a rapidly growing economy = lots of potential customers.

[Flying Purple People Eater]

Please don't speculate. If you don't know, then you don't know. Your posts will only confuse other readers. There are only 500,000 people in Macau and 7mln in Hong Kong. They are Cantonese speakers

Why should this matter given the nature of chinese logograms and the teaching of Zhongwen in schools? Someone who speaks Cantonese is still likely going to be able to read written Chinese.


and are not reading the NYT Chinese section, I can assure you.


Please don't speculate. If you don't know, then you don't know. Your posts will only confuse other readers.

:lol:

[Djoko]

China will soon be world's strongest economy (until 2025) and that's it

[RedHal]

Please don't speculate. If you don't know, then you don't know. Your posts will only confuse other readers. There are only 500,000 people in Macau and 7mln in Hong Kong. They are Cantonese speakers and are not reading the NYT Chinese section, I can assure you.

the vast majority, if not all, cantonese speakers can read written Chinese (mandarin)