this post was submitted on 24 Sep 2024
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A top economist has joined the growing list of China's elite to have disappeared from public life after criticizing Xi Jinping, according to The Wall Street Journal. 

Zhu Hengpeng served as deputy director of the Institute of Economics at the Chinese Academy of Social Sciences (CASS) for around a decade.

CASS is a state research think tank that reports directly to China's cabinet. Chen Daoyin, a former associate professor at Shanghai University of Political Science and Law, described it as a "body to formulate party ideology to support the leadership."

According to the Journal, the 55-year-old disappeared shortly after remarking on China's sluggish economy and criticizing Xi's leadership in a private group on WeChat.

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[–] cygnus@lemmy.ca 152 points 2 days ago* (last edited 2 days ago) (15 children)

If you think the Chinese economy is bad now, wait 15 years. No amount of sending economists to the gulag will hide this disaster.

Edit: tankie downvotes are like nectar of the gods to me. Your precious CCP will wither like a plant in the desert.

wtf is that chart?? Why does it look like that :0

[–] ThirdWorldOrder@lemm.ee 65 points 2 days ago* (last edited 2 days ago) (3 children)

I’ve already been banned from Hexbear. Bunch of assclowns over there.

Edit: and now lemmygrad

[–] FundMECFSResearch@lemmy.blahaj.zone 19 points 2 days ago (2 children)
[–] ThirdWorldOrder@lemm.ee 22 points 2 days ago (5 children)
[–] barsquid@lemmy.world 18 points 2 days ago (1 children)

That's easy mode, since Rule 2 is basically "don't write a fact about China."

[–] ThirdWorldOrder@lemm.ee 6 points 2 days ago

Well damn, I’ll try harder next time.

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[–] Shard@lemmy.world 15 points 2 days ago (1 children)

Arbitrary bans from overly sensitive mods? Straight to Jail.

Made a comment about tankies in lemmy getting mad over some news about China getting hit with influence ops by the US. Believe it or not, ban.

[–] ThirdWorldOrder@lemm.ee 11 points 2 days ago (1 children)

It’s okay man, it takes me a few seconds to scroll through all my bans. It’s funny because all these pro China dweebs are living in the USA. Can’t even commit to the bit and just sit there all day posting anti USA or western stuff. They are obnoxious.

[–] barsquid@lemmy.world 12 points 2 days ago

They are privileged children sheltered from reality by mommy and daddy's money.

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[–] Geometrinen_Gepardi@sopuli.xyz 32 points 2 days ago

What a stark example of Mao's legacy (look at the dip between ages 60 and 65).

[–] volodya_ilich@lemm.ee 17 points 2 days ago (2 children)

Who thinks Chinese economy is bad now??

[–] Arn_Thor@feddit.uk 4 points 1 day ago* (last edited 1 day ago) (4 children)

Lots of people, especially the Chinese. The sentiment about work, investment, economic prospects, consumption are all quite bad. The central bank is cutting rates. Just today the government dipped their toes into the helicopter money game. The only thing keeping the party going is exports

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[–] UnderpantsWeevil@lemmy.world 5 points 2 days ago* (last edited 2 days ago) (1 children)

92 upvotes would suggest a lot of people.

But everything you could say about China rings just as true in Europe, in Japan and Korea, in India, in Russia...

Global populations are heading for a heavy sag, but westerners only know how to heckle the Evil Foreigners.

[–] volodya_ilich@lemm.ee 4 points 2 days ago (3 children)

Funny because I'm European, and the GDP per capita levels of most EU countries are at 2008 levels.

As for a population pyramid, China will face the same problem as other countries as you say, possibly more magnified.

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[–] apfelwoiSchoppen@lemmy.world 11 points 2 days ago (2 children)

What is this supposed to show?

[–] cygnus@lemmy.ca 29 points 2 days ago (2 children)

This is what a healthy population looks like:

[–] HobbitFoot@thelemmy.club 58 points 2 days ago (4 children)

Even then, it isn't healthy, just healthier. The USA is still going to going to experience economic issues of a growing elderly population, it just won't be as bad.

[–] cygnus@lemmy.ca 37 points 2 days ago (13 children)

The US have the benefit of essentially limitless immigration that they can adjust at will. On the other hand, China's leadership, being Han supremacist, is not receptive to immigration at all.

[–] HobbitFoot@thelemmy.club 9 points 2 days ago

Immigration definitely helps, especially compared to China. I'm just noting that there will still be some decrease in the ratio of retired workers to current workers.

[–] UnderpantsWeevil@lemmy.world 4 points 2 days ago* (last edited 2 days ago) (2 children)

The US have the benefit of essentially limitless immigration

glances at US immigration policy

Does it?

China’s leadership, being Han supremacist, is not receptive to immigration at all.

Wit drier than a lint trap.

[–] cygnus@lemmy.ca 7 points 1 day ago (1 children)

Coming from one of the foremost resident tankies here, that's a glowing compliment. Thank you.

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[–] Krauerking@lemy.lol 1 points 1 day ago (5 children)

Does it?

People still pay upwards of $10,000 US to get smuggled into the country that they will only work in for 4 years as basic farm and factory workers in a house of 20 people.

The world is a mess and America is the gold mines of california with no gold in it. But a lot of people are getting rich selling immigrants the shovels.

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[–] Shard@lemmy.world 14 points 2 days ago* (last edited 2 days ago) (1 children)

This is the new normal for highly developed economies. The best they can hope for is a 1 to 1 replacement of their population. We're not likely to see another baby boom occur.

We're not going to see a typical population pyramid any more. Because that means a large infant death rate and either war, disasters or a massive suicide epidemic cutting away the young adult population to get the pyramid shape.

[–] zbyte64@awful.systems 8 points 2 days ago

Given that the amount of habitable land will decrease causing mass migrations, you don't need a 1 to 1 ratio to maintain a population size.

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[–] expatriado@lemmy.world 8 points 2 days ago (1 children)
[–] cygnus@lemmy.ca 21 points 2 days ago

Basically, yes. The sides are nearly parallel, which is great. Compare with China's, which forms a steep V. Once GenX hits retirement age they are completely screwed. The CCP's recent push for "traditional family values" and increased birth rates is no coincidence.

[–] Eheran@lemmy.world 13 points 2 days ago (1 children)

The birthing rates are only dropping, in 15 years all of those people will be to old to work but there are not nearly enough to replace them.

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