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cm2012yesterday at 6:17 PM4 repliesview on HN

Yes. The Chinese government probably lost its citizens around $100b by not allowing TikTok to sell.


Replies

isoprophlexyesterday at 7:40 PM

So, you could say that that sweet large scale mind control is apparently worth more than $100b to them...

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hintymadyesterday at 10:33 PM

In the late 80s and early 90s, the foreign-exchange reserves of China was less than a billion dollars. The US government could spend $50M to negotiate a lot of things from China, like having a war with Vietnam even though it was Soviet who was behind Vietnamese government. Nowadays, Chinese government could easily say fuck this $100B. Papa can afford it to call your bluff.

It's great that an entire nation can gain wealth through hard work and good strategic decisions, at least in some way. But it hurts me that the US lost its way in the process by losing so much manufacturing capabilities, to the point that we can't even adequately produce saline solutions, nor could we make shells or screws for our war planes cheaply.

encodereryesterday at 6:20 PM

When you think of it as enough money to give a $100 bill to ~everybody in china, wow. That’s quite a bit of money.

callcyesterday at 7:38 PM

Any amount of $$$ earned by CCP will not be easily passed down to citizens.

I’d be interested if there’s any objective measure of how much a countries money is passed down back to its citizens or hoarded by people in power. Is there any such measure?

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