Why so many asian americans?

[lethalfang]

Um...Wikipedia is a "10-year old article"?

http://en.wikipedia.org/wiki/Socialism_with_Chinese_characteristics

That article clearly states it is talking about the year 2008, and it was last updated on May 7, 2008.

What percentage of Chinese companies/entities are either publicly traded or 100% privately owned? It's a tiny, tiny percentage as compared to the same in the U.S. In China, the state still owns most of the economy.

Can you stop posting irrelevant articles? Again, did you read and understand the very article you posted? That article consists of only political theories and empty words, and says absolutely nothing about what's actually happening on the ground in China.
That's all your articles have reduced to: official words from the Communist Party of China that reflects nothing about the reality.

Not only is state-own enterprise already a minority in the Chinese economy and the trend is decreasing, they still have to compete with private businesses and corporations in the global market. Thus, state-own enterprise in China, as they are in the US, are a part of the Market (capitalist) economy.

It's time to take your head out of the sand, and go read up articles describing what's happening in reality and in practice, instead of the double-speak by the CPC.

 

[BreakPoint]

Can you stop posting irrelevant articles? Again, did you read and understand the very article you posted? That article consists of only political theories and empty words, and says absolutely nothing about what's actually happening on the ground in China.
That's all your articles have reduced to: official words from the Communist Party of China that reflects nothing about the reality.

Not only is state-own enterprise already a minority in the Chinese economy and the trend is decreasing, they still have to compete with private businesses and corporations in the global market. Thus, state-own enterprise in China, as they are in the US, are a part of the Market (capitalist) economy.

It's time to take your head out of the sand, and go read up articles describing what's happening in reality and in practice, instead of the double-speak by the CPC.

There are only about 860 public companies listed on the Shanghai Stock Exchange. There are more than 10 times that number of public companies listed on the various U.S. stock exchanges (i.e., NYSE, Nasdaq, ASE, etc.). There's no comparison. Only a very tiny percentage of Chinese companies are publicly traded.

There used to be over 300,000 state-owned enterprises in China. 860 out of 300,000 is a tiny, tiny percentage. That means the great, great majority are still state-owned.

The Chinese say they are communist, the U.S. say they are communist, the whole world says they are communist, yet you're the only one that says they are not communist but less communist than the U.S. Hmmmm......

 

[lethalfang]

There are only about 860 public companies listed on the Shanghai Stock Exchange. There are more than 10 times that number of public companies listed on the various U.S. stock exchanges (i.e., NYSE, Nasdaq, ASE, etc.). There's no comparison. Only a very tiny percentage of Chinese companies are publicly traded.

There used to be over 300,000 state-owned enterprises in China. 860 out of 300,000 is a tiny, tiny percentage. That means the great, great majority are still state-owned.
The Chinese say they are communist, the U.S. say they are communist, the whole world says they are communist, yet you're the only one that says they are not communist but less communist than the U.S. Hmmmm......

FALSE!
Your statement of "860 public companies listed on the Shanghai Stock Exchange" means exactly that. Did you think they are only 860 corporations and companies in the entire China? Are you stupid or something? Do you think every US corporation is listed in the NYSE. Again, read more regarding stock market and market economy. You are ignorant in that department as well.

Most state-own enterprises have gone bankrupt in the 90's and 2000's. They no longer exist. Your info regarding 300,000 state-own enterprises is once again 20 years old. Stop it!

And once again, find me just one credible article describe the practical and realistic description of China being communist economy.

The only things you've found that describe China being a communist state is diplomatic double-speak of China, and state departments and foreign ministries that have official relationships with China.

Once more, billions and billions of dollars of Western investments and businesses in China laughs at your assertion that China is a communist state.
The very concept of "investments" and "businesses" is a direct contradiction of communism. That is the reality.

Now I have made my case with cold facts. You can come back with more official double-speak, but I will not respond to nonsense again, unless you come up with actual and practical evidence.

On the other hand, I suggest that you apply for a position in China's Ministry of Propaganda. You can help China convince the rural peasants that, yes, China is indeed still a communist country.

 

[BreakPoint]

FALSE!
Your statement of "860 public companies listed on the Shanghai Stock Exchange" means exactly that. Did you think they are only 860 corporations and companies in the entire China? Are you stupid or something? Do you think every US corporation is listed in the NYSE. Again, read more regarding stock market and market economy. You are ignorant in that department as well.

No, but you obviously ARE! Did I say that there are only 860 companies in all of China? :roll: What part of - "There are only about 860 public companies listed on the Shanghai Stock Exchange", did you not understand? Did you think that EVERY company in the U.S. is public and/or listed on a stock exchange? You'd better go work on Wall Street first if you don't know. What is the ratio of public companies vs. state-owned enterprises in China versus in the U.S.? Next you're going to tell me that it's higher in China. :-?

What does a market economy have to do with it? Like the Chinese Communist Party said, you can be communist and STILL have a market economy! A market economy just means that prices are set by the market based on supply and demand, that's all. It says nothing about ownership. The state can still own most of the economy but allow prices, supply, and demand to be set by the market. You'd better learn the difference between a market economy and a state-owned enterprise (communism).

Stop saying that China is less communist than the U.S. It just makes you look like a fool. Sounds like you're the one that's been drinking all that Kool-Aid from the China Propaganda Dept. As soon as things start to get out of control, China will turn that communisim dial back up in the other direction.

 

[BreakPoint]

Now I have made my case with cold facts. You can come back with more official double-speak, but I will not respond to nonsense again, unless you come up with actual and practical evidence.

Huh? I have not seen you support anything you've said with one shread of evidence. Everything has just been spewing from your own mouth. What "cold facts"? Where are the links to any articles, like I've presented from Wikipedia and the U.S. State Dept.?

 

[lethalfang]

No, but you obviously ARE! Did I say that there are only 860 companies in all of China? :roll: What part of - "There are only about 860 public companies listed on the Shanghai Stock Exchange", did you not understand? Did you think that EVERY company in the U.S. is public and/or listed on a stock exchange? You'd better go work on Wall Street first if you don't know. What is the ratio of public companies vs. state-owned enterprises in China versus in the U.S.? Next you're going to tell me that it's higher in China. :-?

What does a market economy have to do with it? Like the Chinese Communist Party said, you can be communist and STILL have a market economy! A market economy just means that prices are set by the market based on supply and demand, that's all. It says nothing about ownership. The state can still own most of the economy but allow prices, supply, and demand to be set by the market. You'd better learn the difference between a market economy and a state-owned enterprise (communism).

Stop saying that China is less communist than the U.S. It just makes you look like a fool. Sounds like you're the one that's been drinking all that Kool-Aid from the China Propaganda Dept. As soon as things start to get out of control, China will turn that communisim dial back up in the other direction.

And people like you even believe it!

 

[BreakPoint]

And people like you even believe it!

Of course I believe it because that's EXACTLY what's happening in China. As soon as it stops working, the Chinese Communist Party will quickly reverse course and go back in the other direction. That's what a authoritarian state has the ability to do, and they've done so in the past.

Again, communism (state-owned enterprises) has nothing to do with how prices are set (market economy). The state can still own most of the economy but allow prices to be set by the market.

 

[BreakPoint]

Here is the definition of "communism":

Communism is a socioeconomic structure that promotes the establishment of a classless, stateless society based on common ownership of the means of production.[1]

Where does it say anything about market economy/prices? It's all about ownership.

http://en.wikipedia.org/wiki/Communism

 

[baselinerT]

i was just reading Prince of Tennis one day and next thing i know im like "wat the f*** am i doing here?"

 

[lethalfang]

Here is the definition of "communism":Communism is a socioeconomic structure that promotes the establishment of a classless, stateless society based on common ownership of the means of production.
Where does it say anything about market economy/prices? It's all about ownership.

http://en.wikipedia.org/wiki/Communism

And ignorant people like you actually believe that those highlighted words are what's happening in China right now. You have no grip of reality.
Again, find me a credible article that describe China's current socioeconomic reality as communist. You won't find one because it isn't.

 

[Sentinel]

Why stop there. At one point we were all single cell organisms floating around in primordial soup.

First part very true, ...

underlined part - you mean the oceans don't you ? If I remember those days, the earth was completely covered by water.

Reproduction by division sucked !

 

[xpaulinabearx]

so many koreans and chinese in irvine.
not even funny :O

 

[BreakPoint]

And ignorant people like you actually believe that those highlighted words are what's happening in China right now. You have no grip of reality.
Again, find me a credible article that describe China's current socioeconomic reality as communist. You won't find one because it isn't.

You also haven't shown us one credible article that says China is less communist than the U.S. You won't find one because it isn't.

BTW, have you conducted business and/or started a joint venture with a local company in China like I have? Get back to us once you have.

The authoritative Chinese Communist Party will enforce their communist idealogy whenever it's convenient for them. You never answered me before, do you know of any large investors that have ever been able to get their money back out of China?

As George W. Bush would say: "Fool me once, shame on you. Fool me twice......um.......uh......You won't get fooled again!" :lol: LOL

 

[goober]

First part very true, ...

underlined part - you mean the oceans don't you ? If I remember those days, the earth was completely covered by water.

!

No I mean soup. Primordial Soup Theory was the original term by evolutionary biologists on how life began and how it is commonly referenced.

 

[Sentinel]

No I mean soup. Primordial Soup Theory was the original term by evolutionary biologists on how life began and how it is commonly referenced.

Sounds like an awful stinky place to be drowning in ! Poor ancestors of ours.

 

[lethalfang]

You also haven't shown us one credible article that says China is less communist than the U.S. You won't find one because it isn't.

BTW, have you conducted business and/or started a joint venture with a local company in China like I have? Get back to us once you have.

The authoritative Chinese Communist Party will enforce their communist idealogy whenever it's convenient for them. You never answered me before, do you know of any large investors that have ever been able to get their money back out of China?

As George W. Bush would say: "Fool me once, shame on you. Fool me twice......um.......uh......You won't get fooled again!" :lol: LOL

A family friend of ours has done lots of real estate development in Shanghai, among the first to take advantage of China's capitalistic economy. He has made tens of millions in the late 90's, before the business environment has gotten much more competitive, as more business people and investors sought to make money in the capitalist system.
You think Western corporations with billions and billions of dollars are so stupid, that they will just give away all those money to the Chinese government and have no way of getting them out? Laughable.

On other front, in some aspects China is more capitalist than the US, as I have explain factually, that China lacks social security and medical welfare programs of the US. Those characteristics, or the lack thereof, makes China more capitalist at that front.

However, comparison between the US and China is beside the point. The point, originally started with my answer responding to a suggestion that there are few Chinese professional athletes due to China's communism, is that China has a capitalist economy. You have provided nothing to dispute that because it is a matter of fact.

 

[BreakPoint]

A family friend of ours has done lots of real estate development in Shanghai, among the first to take advantage of China's capitalistic economy. He has made tens of millions in the late 90's, before the business environment has gotten much more competitive, as more business people and investors sought to make money in the capitalist system.

And has your family friend tried to take his tens of millions OUT of China?

You think Western corporations with billions and billions of dollars are so stupid, that they will just give away all those money to the Chinese government and have no way of getting them out? Laughable.

Yes, they are that stupid. They are seduced by the huge Chinese market of 1.3 billion people and by all the false promises of the Chinese Communist Party, and by the desire to invest in China at all costs because of the growing market and because that's where their competition is going. They feel the pressure to have a presence in the huge Chinese market and are looking at it as an investment in the future even though they won't make any money from it now. Little do they know. I worked for a Fortune 100 company in China. I've been there, done that.

On other front, in some aspects China is more capitalist than the US, as I have explain factually, that China lacks social security and medical welfare programs of the US. Those characteristics, or the lack thereof, makes China more capitalist at that front.

However, comparison between the US and China is beside the point. The point, originally started with my answer responding to a suggestion that there are few Chinese professional athletes due to China's communism, is that China has a capitalist economy. You have provided nothing to dispute that because it is a matter of fact.

You have provided nothing to support all this stuff you wrote above. The fact is, you have provided no proof, no evidence, and no links to anything. You keep denying that the majority of the Chinese economy is still state-owned, yet you have not provided anything to back that up. Until they privatize the great majority of its state-owned enterprises, China is, by definition, still a communist country.

 

[Golden Retriever]

A family friend of ours has done lots of real estate development in Shanghai, among the first to take advantage of China's capitalistic economy. He has made tens of millions in the late 90's, before the business environment has gotten much more competitive, as more business people and investors sought to make money in the capitalist system.
You think Western corporations with billions and billions of dollars are so stupid, that they will just give away all those money to the Chinese government and have no way of getting them out? Laughable.

On other front, in some aspects China is more capitalist than the US, as I have explain factually, that China lacks social security and medical welfare programs of the US. Those characteristics, or the lack thereof, makes China more capitalist at that front.

However, comparison between the US and China is beside the point. The point, originally started with my answer responding to a suggestion that there are few Chinese professional athletes due to China's communism, is that China has a capitalist economy. You have provided nothing to dispute that because it is a matter of fact.

Stop arguing with him and donate your time and money to the victims in Sichuan. Breakpoint is just playing with you, don't you get that by now?

 

[lethalfang]

Stop arguing with him and donate your time and money to the victims in Sichuan. Breakpoint is just playing with you, don't you get that by now?

Yep, that was the last time I will talk with him on this thread.

On a side note and this is the last time I will post on this topic: of course our family friend took his tens of millions of dollars out of China. That was the point.

He is not based in China. He's a foreign investor who saw an opportunity in China when China first went capitalism. When a country goes capitalism for the first time, it's a HUGE opportunity to invest, due to lack of competition. Many of those rich Russians we see today, got rich right when USSR collapsed. Their business wasn't even that great, but it was better than their competition because a infant capitalism didn't have enough savvy competitors.

 

[Golden Retriever]

Breakpoint, China and Japan invest billions in American T-bills and they can't get their money back neither. If China is a scam so is America, only a bigger one.

 

[Golden Retriever]

Yep, that was the last time I will talk with him on this thread.

On a side note and this is the last time I will post on this topic: of course our family friend took his tens of millions of dollars out of China. That was the point.

He is not based in China. He's a foreign investor who saw an opportunity in China when China first went capitalism. When a country goes capitalism for the first time, it's a HUGE opportunity to invest, due to lack of competition. Many of those rich Russians we see today, got rich right when USSR collapsed. Their business wasn't even that great, but it was better than their competition because a infant capitalism didn't have enough savvy competitors.

In that case, you shouldn't be going to China, maybe Vietnam is a better choice. Or Tibet is even better, whether or not Tibet is part of China is not relevant.

 

[power_play21]

i just came back from practicing a few serves at the Michigan State Tennis courts there are about 20 of them.

at least 15 of them were occupied by asians / asian americans and not a single other race to be seen around.

i was impressed.

 

[Return_Ace]

Funny.... I see hardly any asians playing at my local club of any or the tournaments i went too...

 

[spikyblackhair]

Many of those rich Russians we see today, got rich right when USSR collapsed. Their business wasn't even that great, but it was better than their competition because a infant capitalism didn't have enough savvy competitors.

That was a factor in making the new Russian economic elite, but it was far less significant than other things, such as the bad way that Russia privatized its state owned assets, corruption amongst government officials, the lack of adequate corporate laws, government budget deficits, and the loans-for-shares program that Yeltsin's government initiated to buy him votes.

 

[BreakPoint]

Breakpoint, China and Japan invest billions in American T-bills and they can't get their money back neither. If China is a scam so is America, only a bigger one.

They can't get the money back? Where do you think your future tax dollars, and those of your children and grandchildren are going? Those T-Bills are backed by your tax dollars. What are your investments in China backed by? The whim of the Chinese Communist Party that changes its economic policies every ten minutes?

 

[Sentinel]

Here's the earlier thread by the same topic. Luckily I dont think it got derailed.

http://tt.tennis-warehouse.com/showthread.php?t=186392

 

[Golden Retriever]

They can't get the money back? Where do you think your future tax dollars, and those of your children and grandchildren are going? Those T-Bills are backed by your tax dollars. What are your investments in China backed by? The whim of the Chinese Communist Party that changes its economic policies every ten minutes?

Last time I checked America is the one in debt, deep deep deep in debt for that matter. It is quite pathetic for the debtor to question the creditability of the creditor. Anyways no point arguing with you, I myself is no fan of China neither. Just seeing how their buildings dropped like Legos during the quake tells me that China is a second-rate country at best.

So no need to worry about China, my friend. I guess you are having the best times of your life seeing the catastrophe in China. Enjoy while it lasts.

Wait, wait, wait, don't tell me, you love the Chinese people you just hate the Chinese government? Ok, so where is your donation to the people in Sichuan? What? The government would just take your money so why bother? Why don't you go to China and help those people yourself since you love the Chinese people so much? What? The government would arrest you for spying? I see this is going nowhere, so why don't we all just shut up?

 

[BreakPoint]

Last time I checked America is the one in debt, deep deep deep in debt for that matter. It is quite pathetic for the debtor to question the creditability of the creditor.

Who's questioning the credibility of the creditor? We'll take all the money that China wants to lend to us. It's investing in China that one should think twice about.

So no need to worry about China, my friend. I guess you are having the best times of your life seeing the catastrophe in China. Enjoy while it lasts.

Huh? Who enjoys seeing a catastrophe anywhere?

 

[Golden Retriever]

Actually there was no earth quake, it is all an evil propaganda perpetrated by the Red Chinese to cover up their atrocities in Tibet. All the "victims" are Tibetans.

I am willing to say anything to make you happy.

 

[BreakPoint]

Actually there was no earth quake, it is all an evil propaganda perpetrated by the Red Chinese to cover up their atrocities in Tibet. All the "victims" are Tibetans.

I am willing to say anything to make you happy.

You obviously either don't know what I think or have not been reading my posts.

I don't think the Red Chinese are "evil" at all. They have their own way of doing things and their own ideology, which are perfectly fine. I just don't think the concept of communism works very well in practice. After having lived under communism, I know first-hand why it doesn't work nearly as well as capitalism. And I'm right, as I said the same thing well over 20 years ago and since then both the Soviet Union and China have come to realize just that.

Greed is an intrinsic element of human nature and when you try and eliminate it, people are just no longer motivated to work very hard. That's why communism failed.

 

[emcee143]

 

[Golden Retriever]

You obviously either don't know what I think or have not been reading my posts.

I don't think the Red Chinese are "evil" at all. They have their own way of doing things and their own ideology, which are perfectly fine. I just don't think the concept of communism works very well in practice. After having lived under communism, I know first-hand why it doesn't work nearly as well as capitalism. And I'm right, as I said the same thing well over 20 years ago and since then both the Soviet Union and China have come to realize just that.

Greed is an intrinsic element of human nature and when you try and eliminate it, people are just no longer motivated to work very hard. That's why communism failed.

Couldn't agree with you more. Communism is like the 1HBH, looks good on paper but always get beaten by the 2HBH.

 

[AlpineCadet]

Couldn't agree with you more. Communism is like the 1HBH, looks good on paper but always get beaten by the 2HBH.

That analogy doesn't make any sense. Nice try though.

 

[BreakPoint]

Couldn't agree with you more. Communism is like the 1HBH, looks good on paper but always get beaten by the 2HBH.

Yeah, and Federer gets spanked by 2HBH's every year in every match that he plays in Hamburg, right? :roll:

 

[spikyblackhair]

Hehe, GR tried to sneak that one in.

I believe the one handed backhand has the potential to be better than the two handed bh, but only if you practice the **** out of it; it's harder to master, but when mastered, it is better than the two hander in most respects.

 

[Golden Retriever]

Yeah, and Federer gets spanked by 2HBH's every year in every match that he plays in Hamburg, right? :roll:

If you have seen any Federer VS Nadal match, you'd know, if you are being realistic, that Nadal is going for Fed's backhand on every shots until it breaks down and it always do. In fact he is doing that right now in Hamburg as we speak. It is so obvious that his 1HBH is his only Achilles' heel.

Fortunate for Fed, Nadal is the only one who can do that to him consistently and only on clay. That only means that Fed's forehand and movement can cover his backhand weakness, however there is no doubt that his backhand is a weakness, a glaring one for that matter.

 

[BreakPoint]

If you have seen any Federer VS Nadal match, you'd know, if you are being realistic, that Nadal is going for Fed's backhand on every shots until it breaks down and it always do. In fact he is doing that right now in Hamburg as we speak. It is so obvious that his 1HBH is his only Achilles' heel.

Fortunate for Fed, Nadal is the only one who can do that to him consistently and only on clay. That only means that Fed's forehand and movement can cover his backhand weakness, however there is no doubt that his backhand is a weakness, a glaring one for that matter.

OK, that's like saying Nadal's weakness is his backhand since his forehand is so much stronger, and he hits a 2HBH. So how does that prove that a 1HBH is worse than a 2HBH? Most male pros have stronger forehands than backhands, regardless of whether they hit a 1HBH or a 2HBH. So having stronger forehands than backhands says absolutely nothing about 2HBH's being better than 1HBH.

BTW, did you also happen to notice that Federer tends to hit a lot more to Nadal's backhand as well? Most of his backhands he hits down the line to Nadal's backhand. So that must prove that 2HBH's are worse than 1HBH's, right? :-?

 

[power_play21]

do you people know this thread is NOT ABOUT ONE OR TWO HANDED BACKHANDS??

 

[Breakaz54z]

so many koreans and chinese in irvine.
not even funny :O

Are you neither?

 

[Lendl and Federer Fan]

do you people know this thread is NOT ABOUT ONE OR TWO HANDED BACKHANDS??

And please leave Federer out of this.

 

[Lendl and Federer Fan]

Nice, LOL.

 

[Golden Retriever]

OK, that's like saying Nadal's weakness is his backhand since his forehand is so much stronger, and he hits a 2HBH. So how does that prove that a 1HBH is worse than a 2HBH? Most male pros have stronger forehands than backhands, regardless of whether they hit a 1HBH or a 2HBH. So having stronger forehands than backhands says absolutely nothing about 2HBH's being better than 1HBH.

BTW, did you also happen to notice that Federer tends to hit a lot more to Nadal's backhand as well? Most of his backhands he hits down the line to Nadal's backhand. So that must prove that 2HBH's are worse than 1HBH's, right? :-?

Nadal hits to Fed's backhand until it breaks down and it always do. Fed also hits to Nadal's backhand but it doesn't break down never has. Now you tell me who has the better backhand?

 

[BreakPoint]

Nadal hits to Fed's backhand until it breaks down and it always do. Fed also hits to Nadal's backhand but it doesn't break down never has. Now you tell me who has the better backhand?

Oh, is that why Nadal almost never beats Federer on any other surface than clay? By hitting to Federer's backhand? Sounds like a losing strategy for Nadal to me. I guess Nadal's backhand must break down sooner.

BTW, Nadal also beat Murray, Moya, and Djokovic in Hamburg so that must prove that the 2HBH is not very good and will break down, right? :-?

 

[obow]

So the politics of tennis really lies underneath the playing surfaces. A clay court reveals Federer's communist tendency but the grass rekindles his capitalist instinct.

 

[Sentinel]

Couldn't agree with you more. Communism is like the 1HBH, looks good on paper but always get beaten by the 2HBH.

OMG, first you guys derail this thread with commie stuff, and now its the 1h/2h thing all over again. Such disrespect to us asian americans.

 

[Lendl and Federer Fan]

OMG, first you guys derail this thread with commie stuff, and now its the 1h/2h thing all over again. Such disrespect to us asian americans.

I thought you are Andy Murray, Sampras, Gonzo, Tsonga, Federer, no?

 

[Sentinel]

I thought you are Andy Murray, Sampras, Gonzo, Tsonga, Federer, no?

Andy Murray ! Now you are adding insult to injury !

*very mad*

 

[Lendl and Federer Fan]

Andy Murray ! Now you are adding insult to injury !

*very mad*

Now you just changed it to Paradorn Srichaphan, how am I supposed to keep up with that! Change it to Federer or Lendl, please, I give you a candy for it. :wink:

 

[fastswingVD]

look! asian can play football lol
was the MVP in the Orange County in Calif.
http://youtube.com/watch?v=SOM8Ql3Bd3Y