In a recent video on Twitter, he compared the China of today to 2019 and was completely shocked at the speed to progress and change. Says it’s like stepping into the future.
1 - Automation: From trains to taxis to purchases - everything is done seamlessly with super Apple Pay.
2 - EV: 30%-40% of the cars are fully electric. You can get Teslas but you have Chinese brands that offer sedans for $10k.
3 - The air is much cleaner. Partly due to EVs.
4 - People are more respectful of societal norms. There is better service everywhere you go.
5 - Less foreigners, even in touristy areas. Most white people are actually Russian.
6 - In factories, robots do the work in contrast to the perception people have in the US of China just throwing cheap labor at every problem. Factories set up their own e-commerce platforms and sell directly on China’s TikTok.
7 - It feels like over the past 5 years, everything by in China just got better, while everything in the US just got worse.
Sometimes when comes to China certain people will just kind of hallucinate negative “facts” like Chat GPT. I think it’s a phenomenon that should be studied.
I overheard a family member talking about Chinese overfishing say that they get away with it because the industry has lax/no regulation. China, the country with an authoritarian state that keeps businesses in line with an iron fist, is leaving an industry unregulated?