The involution pattern Pettis describes has a specific mechanism on the investment side.
I wrote about how consensus gets manufactured and amplified in China’s robotics VC market. The same trigger-amplification-fragility sequence will repeat in the next politically preferred sector.
https://t.co/Kbckr1wujO
JUST IN: Scientists say AI has decoded communication patterns in mice, dolphins, apes, birds, whales, & cuttlefish — could eventually lead to humans communicating directly with animals.
"If you exclude semiconductors and AI servers, Taiwanese exports have actually fallen by 40% since 2022. In South Korea, non-AI exports have stagnated and Japan’s industry is in decline." 1/5
https://t.co/v7R4m3lKKL
Thread:
UK Register of Worker and Temporary Worker licensed sponsors findings.
Data: from https://t.co/6yGbnfdSxP & Company House
Current heat map view as of 29/05 - only ~20k data points so far out of ~121k total
If any locals in the area can also collaborate would be great, and please correct me if I am wrong in any of my findings.
It's insightful to read these pieces from citizens of countries who once felt themselves China's peers but are now well behind, and you have to wonder when citizens from the global west will be writing the same (some have started already).
I recently spent 2 weeks in China.
6 cities: Shanghai, Beijing, Xi’an, Zhangjiajie, Chongqing and Chengdu.
I went there with curiosity.
Like many Indians, I had heard a lot about China through media, social media and conversations. I expected to see progress, maybe discover some business ideas, and understand what the country is actually building.
I came back with a very uncomfortable feeling.
Not because I found a business idea for myself.
But because I saw 100 things that governments can do when infrastructure, tourism, transport, urban planning and civic systems are treated seriously.
I travelled within China by flights, trains, cars and local transport. The infrastructure was honestly stunning.
Clean cities. Smooth roads. High-speed trains. Well-managed traffic. Public spaces that actually feel designed for people. Tourist destinations that are built, maintained and promoted like national assets.
And then I kept thinking about India.
We keep comparing ourselves to China. Our media keeps telling us how India is catching up, how China is restrictive, how we are better in so many ways.
After spending time there and speaking to people, I realised how much of that narrative is just comfort food.
China is not perfect. No country is.
But on infrastructure, execution, tourism, civic discipline and quality of urban life, they are not 5 years ahead of us.
They are decades ahead.
The saddest part for me was the currency.
Everything felt expensive. Not because China was insanely expensive, but because the rupee has weakened so much that even normal spending starts feeling heavy. As an Indian taxpayer, that genuinely hurt.
We pay taxes. We work hard. We talk about becoming a global power.
But where is the quality of life?
Where is the civic sense?
Where is the infrastructure that makes daily life easier?
Where is the tourism vision beyond religious tourism?
I met travellers from other countries who were excited to visit China because they wanted to see its progress. When I asked about India, many had no real desire to visit. Not out of hate. India simply was not on their aspirational travel list.
That should bother us.
Even the so-called “closed internet” surprised me. We are told people there are missing out because they don’t use Google, Instagram, WhatsApp or Facebook.
But China has built its own digital ecosystem. Payments, maps, transport, messaging, shopping, everything works inside their own infrastructure. People did not seem to feel deprived. They seemed adapted.
Again, this is not a hate post.
I love India. That is exactly why this trip bothered me.
Patriotism cannot only be about saying we are great.
Real patriotism is having the courage to admit where we are falling behind.
China made me realise one thing very clearly:
India’s potential is not the problem.
Execution is.
And unless we stop comforting ourselves with comparisons and start demanding better infrastructure, better governance, better tourism, cleaner cities and a higher quality of life, we will keep celebrating the idea of progress instead of actually living it.
No, this is NOT a belt. And the passengers on this train remained WAY too calm 😅
An official clarification followed after this video, which appeared to show a snake falling from a luggage rack on a Chinese high-speed train, went viral. According to the China Railway Nanning Bureau, the incident happened on the May 17 D195 train and involved an EEL brought aboard by a passenger in car 9, seat 3B.
Due to the bag not being properly sealed, the eel crawled out and actually fell onto a passenger😱.
The railway bureau added:
“We kindly remind all passengers that when traveling with fish, shrimp, crab, shellfish, mollusks, or other aquatic animals carried as food in sealed packaging, you are required to ensure the packaging is secure and properly sealed in accordance with regulations. Please monitor your items throughout the journey to prevent such aquatic animals from behaving abnormally.”
🚨 The Chinese Communists have just TICKETED the Fox News crew, using their abundance of surveillance cameras placed around Beijing!
BRET BAIER: "There are literally cameras everywhere...they see everything...our driver parked illegally for 2 MINUTES and got a ticket for $40!"
"Because they saw it, on the camera."
This is Communism! It's what the Democrats want.
@WarintheFuture Presumably this research was done in environments where there are different family sizes, but how does it hold up in an environment where (almost) everyone is an only child?
@ZichenWanghere May I interest you in the persistent existence of Renault, Citroen, Peugeot, Volkswagen, Porsche, Hyundai, etc, none of which roll off the tongue for an English speaker without priming through advertising.
NEW from @nytimes: China is quietly trying to shape an outcome to the Iran war that it will benefit from. It's pushing Iran to talk with the US. But it's also allowing companies to export material that the Iranian military can use. The war could overshadow the Trump-Xi summit.