First Jack Ma steps down and now China is sending government officials into companies like Alibaba

Not surprised. When I was there a year ago they were floating the idea on social media about how the 'privatized' economy/companies had served their purpose and it was time that everything went back to the state.
 
trend2009 said:
china president xi basically has an education level of elementary school. what he knows is the era of chairman mao. his goal is to bring back china to mao era.
More...
It is dangerous to underestimate your competitor:

https://en.wikipedia.org/wiki/Xi_Jinping

According to this, he graduated from Tsinghua University with a degree in Chemical Engineering. Tsinghua U is equivalent to our MIT/Harvard. So, maybe not as good as MIT but a little better than our elementary school level.
 
Tsinghua on average produces way better trained students than MIT in basic sciences. My computational finance class (MSCF) at Carnegie Mellon had around 40-50 full time students when I studied there and 85% of the students were Chinese who previously studied at Tsinghua. Pretty much everyone had a straight 800/800 analytical GRE score and aced all stochastic calculus classes. In trading competitions our program beat MIT, Stanford and the rest pretty much every single year. I agree, don't underestimate the competition.

ironchef said:
It is dangerous to underestimate your competitor:

https://en.wikipedia.org/wiki/Xi_Jinping

According to this, he graduated from Tsinghua University with a degree in Chemical Engineering. Tsinghua U is equivalent to our MIT/Harvard. So, maybe not as good as MIT but a little better than our elementary school level.
More...
 
ironchef said:
It is dangerous to underestimate your competitor:

https://en.wikipedia.org/wiki/Xi_Jinping

According to this, he graduated from Tsinghua University with a degree in Chemical Engineering. Tsinghua U is equivalent to our MIT/Harvard. So, maybe not as good as MIT but a little better than our elementary school level.
More...

As someone who grew up in a socialist country, I can assure you that his "degrees" mean less than an ant fart in a Cat 5 hurricane. Proper comrades must have a proper education, therefore the proper university will issue them the proper diploma (Marxist theory is perfectly sufficient to grant you all knowledge for all things worth knowing. If you don't believe it, try arguing the point with one of their authorities - especially if you're a local.)
 
ironchef said:
It is dangerous to underestimate your competitor:

https://en.wikipedia.org/wiki/Xi_Jinping

According to this, he graduated from Tsinghua University with a degree in Chemical Engineering. Tsinghua U is equivalent to our MIT/Harvard. So, maybe not as good as MIT but a little better than our elementary school level.
More...

during cultural revolution, elementary graduate could be sent to college dependent on his political profile.
 
trend2009 said:
during cultural revolution, elementary graduate could be sent to college dependent on his political profile.
More...

In 1963, when Xi was age 10, his father was purged from the Party and sent to work in a factory in Luoyang, Henan.[41] Later, his mother was forced to publicly denounce his father, as he was paraded before a crowd as an enemy of the revolution. His father was later thrown into prison in 1968 when Xi was aged 15 and would not see his father again until 1972.\

Xi joined the Communist Youth League of China in 1971. From 1973, he applied to join the Communist Party of China 10 times and was finally accepted on his tenth attempt in 1974.


That's some political profile
 
You must log in or register to reply here.
Back
Top