Bohurt@lemm.eetoTechnology@lemmy.world•Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-offEnglish
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2 days agoYou don’t even realise how strong capitalism is in China.
You don’t even realise how strong capitalism is in China.
I believe it’s just US thing, I literally never happened to hear that they cancel something that they pledged to secure, not wanting to accept certain claim - that happens regularly but not saying outright to cancel important part of the deal
Lol is it really possible to withdraw from something like that? What’s the point of having an insurance then?
The issue with your original comment is that it’s simplified on many levels beyond what is acceptable. China has companies working on delivering highest financial output regardless of other citizens and their rights to have fair share in produced goods. They are by no means controlled by workers (why would they accept e. g. 996?) nor creating fair rules to others economically (e.g. Taobao and their alghorims pushing many sellers to sell bellow profitable levels just to maintain visibility on their site). Put it also into wider perspective: China started to move forward in quality of life only after Deng. US system is by no means bad but it doesn’t make Chinese one perfect.