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Xi is systematically dismantling the most valuable asset of the CCP: public trust.
— Desmond Shum (@DesmondShum) October 13, 2024
Over the past few weeks, we’ve witnessed the wreckage of Xi’s financial policies unfolding in real time. To me, the more pressing issue isn’t merely the financial mishaps but how Xi is eroding the…
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Why is China prone to overcapacity
— Desmond Shum (@DesmondShum) August 13, 2024
In my view the biggest contributing factor is short-termism
As I’ll explain, short-termism is an institutional structure of CCP China. It permeates throughout the entire society. From the top adm., to bureaucrats, business owners and the…
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We Chinese worked the hardest, but for ….
— Desmond Shum (@DesmondShum) July 29, 2024
While Mexico tops the list with 2,207 working hours a year in OECD survey, Chinese govt just published that we worked 2,491 hours a year or about 10% more. https://t.co/WjBRP7mR1k
But wait.
While Mexico per capita disposable income was… pic.twitter.com/gT2rdLMUKU
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