• Che's Motorcycle
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    22 days ago

    Long article, some good data, then they end it with this gem:

    “Everybody makes stuff in China,” said Joerg Wuttke, former president of the European Chamber of Commerce in China and now a partner at Washington consulting firm DGA Group. “But nobody makes money.”

    • davel
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      22 days ago

      I guess it’s self-evident to everyone but me what he means.

        • CriticalResist8A
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          22 days ago

          “How can mirrors be real,” said Joerg Wuttke, former president of the European Chamber of Commerce in China and now a partner at Washington consulting firm DGA Group. “If our eyes aren’t real”

          • Amerikan Pharaoh
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            21 days ago

            If y’all don’t leave Jaden alone 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

            • CriticalResist8A
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              21 days ago

              No shade I love that it’s become a meme lol, I get what he meant to say

        • davel
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          22 days ago

          😂

          Perhaps he’s channeling Yogi Berra. Nobody goes there anymore, it’s too crowded.

      • farmer_of_song
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        21 days ago

        You have to produce in China to keep costs down, but you can’t sell effectively in China due to state-mandated hypercompetition driving everyone to zero profit.

        Turns out Communists are better at capitalism than capitalists are.

        • keepcarrot [she/her]@hexbear.net
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          21 days ago

          Competition is one of those capitalist buzzwords they use to reinforce their Darwinian beliefs, but as it transpires they don’t actually like it that much

            • keepcarrot [she/her]@hexbear.net
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              21 days ago

              In comp games (not like… Competitive ladders and elo, but just playing against a human opponent) I am trying to excise that reaction in myself. Its very important for tabletop gaming community health. I will say if my opponent is being a smug asshole joyously celebrating their good luck even when they’re obvious already winning, it makes it rather difficult. Co-op for life, apparently.

              • TheBroodian [none/use name]@hexbear.net
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                21 days ago

                I frequently contemplate that about games, and the idea of ‘friendly competition’, but in truth I don’t think such a thing really exists. I imagine a group of friends, say 6 people or so, and all of them enjoy Street Fighter. One of the 6 is doubtlessly going to be the worst in the group, and will rarely ever see wins. Even if the other 5 are very kind and gracious to their friend, could it really be said that the worst in the group will feel good about playing the game? About being the well-treated punching bag? I doubt it. The process of competition itself, even when ‘friendly’, is deleterious to the loser.

                • cayde6ml
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                  20 days ago

                  I think friendly competition definitely exists, and it’s a cornerstone of human psychology. But in order for friendly competition to work, everyone has to “win” at least some of the time.

    • loathesome dongeaterMA
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      22 days ago

      He is probably saying that they overproduce stuff, which drives down prices and profit.

    • GreatSquare
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      21 days ago

      Everyone just makes stuff for fun in China!

      Sucks to be Joerg who only makes stuff for money.