To make us feel better, billionaire proves they can be idiots too

"Chao claims that despite Alibaba’s representations, its business model is “dependent upon counterfeit sales, trademark violations, sales made through pyramid schemes, false advertising and taking bribes to give sellers preferential treatment."

https://www.courthousenews.com/alibaba-accused-of-securities-violations/

"According to Guo, the top ten Chinese companies, including the supposedly privately-owned Huawei, Alibaba, and Tencent, are in fact “militarized state-owned enterprises” controlled by the Jiang family. The Jiangs also own multiple large overseas companies as part of their investments."

https://www.theepochtimes.com/unmas...min-former-chinese-regime-leader_2960049.html

"At its peak, Alibaba was worth over $500 billion and is currently worth $450 billion. Based on the figure of 20 percent, Jiang Zhicheng may have gained and hidden over $100 billion in wealth from Alibaba alone."
 
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indeed. Some might say for the first time I find nothing to add...this says it all. (Electric is never at a loss for words)

volpri said:
We Americans are pretty dumb ain’t we? I mean like wanting to trade with a country that steals their IP. I mean like doing business with a bank robber. Pretty dumb hey? Why do American companies want access to robbers and thief's if they are indeed thieves? Could it possibly be to manufacture their goods in sweat shops that rob the poor chinese of a decent wage while enriching the USA corporations? Nah that would be stealing and unfair to the poor now wouldn’t it. America doesn’t do that sort of stuff do we? We just need to quit bellyaching about it and just stop doing business with China. But we won’t now will we? We chasing the almighty dollar ain’t we. Food for thought.
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athlonmank8 said:
Just you. We're boosting the standard of living you stupid idiot. That economy would be non-existant if America hadn't employed so many people there.
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You are totally ignorant of reality. Typical arrogance. I’d bet you have never lived in another country where we, yes we Americans have basically helped to create sweat shops to fill our craving for cheap goods and services without much regard for the locals.
 
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athlonmank8 said:
The only difference is that when the Chinese copy they make it WORSE, not better. That's the really sad part.

Ask anyone in the real world. What's the first thing they think of when they get a Chinese made product? It's DOGSHIT.
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UMM ..then don’t buy it. How do you know about the quality? You wouldn’t be buying it would you trying to save a buck or two?

PS Don’t open businesses there. Don’t close factories in America and ship production to China and other countries. Chasing the dollar...It is all about money.
 
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volpri said:
You are totally ignorant of reality. Typical arrogance. I’d bet you have never lived in another country where we, yes we Americans have basically helped to create sweat shops to fill our craving for cheap goods and services without much regard for the locals.
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If this crave didn't exist, they would have nothing... At least this is something and probably their best option, otherwise they would be doing something else...
 
volpri said:
You are totally ignorant of reality. Typical arrogance. I’d bet you have never lived in another country where we, yes we Americans have basically helped to create sweat shops to fill our craving for cheap goods and services without much regard for the locals.
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What are you even talking about? What type of conditions would these countries be in if no one was employed? China could care less about it's citizens as long as the communist regime keeps it's hold.

But youre head is jammed pretty far up your ass so I dont think you'll ever understand that
 
What is your point? American companies capitalize on cheap labor was volpris point, thus the cheap quality that everybody shoots themselves in the foot with. What is the argument? It seems there is agreement.

Es

athlonmank8 said:
What are you even talking about? What type of conditions would these countries be in if no one was employed? China could care less about it's citizens as long as the communist regime keeps it's hold.

But youre head is jammed pretty far up your ass so I dont think you'll ever understand that
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ElectricSavant said:
What is your point? American companies capitalize on cheap labor was volpris point, thus the cheap quality that everybody shoots themselves in the foot with. What is the argument? It seems there is agreement.

Es
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How is it exploitation? Are American companies forcing them to work?
 
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