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- เผยแพร่เมื่อ 30 พ.ค. 2024
- The Chinese government is tightening its regulatory grip around its tech titans - most famously, for Alibaba and its charismatic founder Jack Ma. That’s after more than twenty years of transforming the country’s digital economy. After years of little scrutiny - why is Beijing looking so closely now? And why should the rest of the world care?
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China: State owned corporations
Western world: Corporations owned state
👎💩
并不是，有些企业我们政府也管不了
In fact, I want to tell you that China's socialism refuses to allow capital to overstep the authority. When Ma Yun wants to intervene in politics, he loses power. This is different from your capitalist society. In capital society, capitalists have the right to speak, and the working class will only be exploited
There is truth that the wealthy and corporate special interests own the politicians and drive the regulations in the Western democracies. Plutocracy rose in the West over the last 20 years, just like China's economic infiltration of the West while the PRC economy rose. The economic decoupling begins between the West and China. Spies and bat chewers are not wanted anymore I guess? Crazy world politics, China claims developing nation status, while building a space station and manning it. The irony is not lost on Global citizens at this amazing achievement.
Chinese government own everything including your land and house
In China, companies actually have to obey the law and obey the government, as opposed to countries like the US, where corporations CONTROL the government.
True! So western style is not on the moral highland. If you point the other side evil, yourself also evil.
@@cu8195 You can complain on anything in China, It's just that if you are a separatist or a threat to national security, you go to reeducation camps or worst death. Having 1 party benefited China more than anything. They can mobilize the country to certain direction which today you can see in the news, space exploration, belt and road project, buildings, technology in a short span of time. China aims for Communism in the end.
@@cu8195 learn the meaning of communism first. There is no hierarchy in communist state. Nobody achieved it yet. China is still in the progress of development and they would not see themselves as a rich nation yet. If You want to criticize the heirarchy and inequality of a nation, look at USA too. From what I observe China is on a fast pace to elevate it's citizen from poverty. What does USA have done?
@@cu8195 I live in EU and China for decades, if you want the truth, go to China, and live there for years, not as a foreigner, but as a Chinese, then you would be able to know how the media is making news. BTW, do you know how many videos and channels and accounts were deleted or banned on the YT just because they were talking about "China is good or another side of China"? Have you ever wondered about the algorithms of YT? Have you heard the word: 'Information silos'. The current situation is billions of Chinese people travel between China and western, know almost everything in the western through western media, and able to communicate at least in English, while how many western people could do the same? Go to China, go to Xinjiang, and ask the locals whether they know anything about concentration camp. If you think China is a country monitored by the gov, and surely as a westerner, it is definitely not a place for travelling, and then think about who gave you this thought. There are red pill and blue pill, how many westerners have the balls to take the red one as Neo did?
@@cu8195 That's why I suggest you to go to Xinjiang by yourself, and ask any locals you could meet on the street. For some news it's difficult to give any evidence here, you just need to go there by yourselves to see and to experience. One thing is funny, western media accused China forced Uighur to collect cotton thing, and China as the one of the biggest industrial production countries, is that possible? At least before 2010 I knew they already started to use machines. Why using this, cause this really happened in western history. Just like the wars in Europe and Middle east were and are mostly because of religions. While in China there was almost none in the history, so the basis doesn't even exist for all the crimes accused for China, while only the western people, not only the ordinary people, but also the politicians sometimes, don't know about this.
No no no average Chinese people have no love for Jack Ma. They respect him for his success and aspire for it. No more no less. Btw daddy is an internet slang for referring to anyone who is rich.
Yeah, just like the word "sugardaddy" in English but more sarcastic.
western people alway have a strange filter on China
@@tianyicai6482 simple, they want keep status pro quo.
@@tianyicai6482 Yeah, it's called not having to filter the air that you breath, rock on China we all love you. (not)
can you represent chinese people?
Actually, we common Chinese are glad to see the giant companies to be controlled. Otherwise the whole nation would be controlled by capital.
We call this "put tiger into cage"
Who is gonna cage the person who puts the tiger in the cage?
@@angel_lunar u dont have to think excessively
@@angel_lunar I guess ur mom
@@angel_lunar same question for you
@@angel_lunar ironically，its strong religion belief .
I still remember the "Gamestop"issue. when the citizens can earn,the big companies forbid you? to sell in Robin Hood
Why are you talking when you don't know what it is about ? They never disabled selling, only buying. And the problem was much more complicated
@@It-s-me-P haha, you have no idea about free market. Disable buying allows greedy hedge funds to cover their huge loss. Market is only free when big guys make money.
That is why big corps either needs to be break apart or being shackled to the government. For god sake, Jeff and Elon doesn’t pay their corporate tax literally ( yes, I am not kidding)
@B J DISABLED BUYING
@@tony3003001 they don’t pay tax, AT all
If you're going to lend like a bank, then follow the rules and regulations for banks. Simple.
The problem with Alibaba was their lending model was lending out money which they don't have and the Chinese government don't want this buble to be so big that they will have to bail out if it fail.
@@stvdmc2011 they can do that because they have the data. Whoever owns the data wins the competition imho. Capitalism encourages consuming which is another big problem.
@@yaqiwang5242 Agreed. The default rate on the loans from Ant Financial is astonishingly low which proves the efficiency of Alibaba's big data models. However, imo any company that has 2% self-own capital and 98% borrowed funds while functions like a bank should be regulated the same way as banks not tech companies.
I heard that Ant Financial is not completely off the table yet, they are undergoing certain changes based on the regulatory framework and will return after that.
The reason is simple. If you want to have the Business and earn the money like a bank, you will also be treated by authority like a bank.
@@kaimak1400 lol, the Chinese gov made you lose that much money and then you thank them for it
@@edwardr8826 he said investment not gambling
a better regulated environment is good for the industry and the company
now keep that in mind they are still the leading giant of the sector
I highly doubt Jack Ma was on such a high statue among middle income Chinese families, especially after he spearheaded the 996 slogan.
He's like the Chinese Version of Bezos.
also he said software developers should be laid off at 35 for being too old
You are right. I am Chinese. Many people in China blame Jack Ma. Because no one wants to work long hours.
If we are making something significant or meaningful and are self motivated 996 is blessing. But oftentimes people find themselves as just laborers unfortunately. Even in the former case, 996 all year long is inhuman. I have impression that lots of people cannot take personal leave easily in China.
Apparently this channel is lying
Jack ma forgot that he run alibaba group and does not dictate government policy. China is not USA. where businessmen runs the county.
... and can openly critisize their goiverment, like any other citizen in the free part of the world ...
@@volkerschultz471 this is a meaningless BS when you can't criticize the company.
Remember those companies do not gave to follow government regulations
In fact, I want to tell you that China's socialism refuses to allow capital to overstep the authority. When Ma Yun wants to intervene in politics, he loses power. This is different from your capitalist society. In capital society, capitalists have the right to speak, and the working class will only be exploited
If any company that functions like a bank in its natural of business, no matter what it calls itself, imo it should be regulated the same way as banks not tech companies.
When big companies in western countries can "donate" whole government
Am From Nigeria, I sincerely don't Understand why DW is an Anti- China consider That China is Germany Largest Trading Partner 🤷
Germany is a colony of US as well as most European countries.
Because there are 9 American bases in Germany. In final analysis the Germany is another wealthy one but province of American capitalist empire system.
Germany is a western country with western values
@@lenn939 A western Country no Problem but been one Sided in opinion, doesn't speak positive
@@favourall6267 What’s one-sided? Germany is a western country that strongly believes in civil and political liberties which China lacks. That’s not an opinion, that’s a fact. These countries are natural rivals. They operate based on very different values. That doesn’t stop them from doing business, obviously, but they’ll never consider each other friends.
The Chinese government provides various subsidies to Internet companies because the government hopes that these Chinese companies can become drivers of technological innovation in the Internet age. However, the development of these Internet companies in the virtual industry is not satisfactory, not only lacks technological innovation, but also produces a monopoly which has an adverse effect on China's financial and virtual industries. This is where the Chinese government is most dissatisfied with these companies.
Alibaba isn't innovative? Like, china doesn't have a monopoly problem at all. They have pindoudou, alibaba, and JD who will have a harder and harder time expanding into markets outside of china if the chinese gov keeps on absorbing them
china's ecommerce ecosystem is miles ahead of the west - and this is a statement made by european leaders in the ecommerce sector. DJI is the #1 commercial drone company in the world. wechat, etc..... chinese online apps' capabilities are mega apps - there's a reason why the u.s. won't allow people to use wechat, because that app will dominate the market. tiktok for a social media platform is something the west is trying to copy... isn't microsfot and many other big giant trying to COPY tiktok and launch their own version?....... if you pay attention you will see that it is the west that is subtly following along. AI facial recognition, more state sponsored/subsidies in order to stay competitive in the global market, the eventual adoption of digital coin, the west wanting to invest in Africa now, u.s. trying to launch its own infrastructure program, etc. you should pay attention to these subtle changes in the world.
Although I don't like overbearing government, overbearing corporations also cause damage!
Remember a government wants the best for its citizen, a company only wants profit, no matter the price
@@cephalonbob15 You should have a healthy skepticism of government, the people that run them have a bottom line same as businesses.
@@Etro43if but their primary goal is different
Germany open to Google Facebook etc. and enjoy democracy watching from USA🤗🤗
Hey, stop it. Good old uncle sam is Germany's bodyguard. German are thankful. :)
there is much to be admired in this new regulation in China. I'm a small Australian investor (I have shares in BABA, FB and Appl). But the FAANG companies in the west (and more) get away with paying very small amounts of tax, stopping start-ups and innovation because they are monopolies.
So the regulation might stop investment bubbles and companies and a few billionaires becoming too rich. Its healthy and just shows the lack of regulation in the west.
Meanwhile, in the western countries, the big tech companies are tightening their grip around the governments of the western countries.
Where is the episode of “ Korean and USA corporate leader pressure Korean government to pardon Samsung heir”.
aka How DW is doubling down on an epic level anti - China campaign. Keep up the good work DW, definitely on the track to become one of the most hilarious media
Opppssss did they hit a nerve there 😂
@@halo-halo9244 I'm hoping for world war 3 as soon as possible.
I hope more countries crack down on big tech
I have been watching.your channel for quite some time, everything you report about China is BAD, i hardly hear anything.good about China. How possible if they are all bad and get so much support from its own people. The CCP gets over 90% support in year 2019 according to Harvard study. Why don't you explain about this phenomenon?
They call him daddy Jack out of genuine affection and respect 😂😂 oh boy
Jack Ma is the prime example of extreme monopoly. Thankfully the CPC took action , I hope my country does the same to the cronies but too bad all of them including the prime minister have been bribed
Sorry I failed to see the point of this video. US government looks closely at Facebook and Google. What's your point here?
Billionaire < Emperor. As simple as that.
Jack Ma's head got too big for his hat lol.
Chinese companies thrive because of their large population
india's population will soon surpass China. population is not the key
Where are the world class Indian, Indonesian, Nigerian companies? They all have big populations but only china has world class companies and is rich. No one looks at India as a rival/peer/threat, India is basically irrelevant on world stage and in terms of anything. No one thinks of India, even China, who only looks at USA amd vice versa. India just a vassal for USA to use against China, not a threat or peer like china.
most advertising money now flow into american tech platform ( google, FB, TH-cam, etc) and giving back minimal tax to every countries but its not happening in China , I would say this is China win
The answer is that Jack Ma has shown a tendency of capital to control the country. The lesson China learned from the US government is that the country cannot be kidnapped by technology capital, financial capital, as well as media capital.
Danke für das hochladen sehr interessant
The CPC has support of 90% people of China according to a study by *Harvard University*
If 1.26 *billion* people are supporting their government isn't that democracy in a unique way itself?
It is as if 1.26 billion people got together and decided how they wanna live.
How can outsiders preach them about anything???
The authority of China is on behalf of the interest of common people instead of capital focusing on maximum profit!
Nah its on behalf of the party leaders, not the people
@@Simon-od4wz This is just the idea of you who have been brainwashed by the Western media.
@@Simon-od4wz Communist Party members can go to Xinjiang, Tibet, Yunnan and other poverty-stricken areas in the west to build a country, can support college students to start their own businesses free of charge, which capitalist countries can do?
Are those shameless American politicians willing to go to Alaska to help the Eskimos?
We know how our life has changed gradually and governance changed, and we see that there are many things to improve.
May I humbly ask someone to enlighten me on how this is different to governments of developed countries ordering companies to break up into smaller companies to ensure the government's power over private companies when they are becoming too big and too powerful?
because its china. Dont you get it by now? everything china does is evil and bad, doesnt matter if other countries had done it and openly praised the actions. but if china does the exact same thing, its evil
@@DongsMBM how evil of you to interpret a country supported by 95% of its people in such unreasonable way.
@@wyz9815 its called sarcasm, and it cant be any more obvious of what I wrote
@@wyz9815 are you this illiterate and uneducated. The commenter is actually on China's side. The commenter was actually responding by saying that the west is criticising China for something they themselves have done. Pointing out that why should they criticise China. In the 1980's AT & T in America was broken up by the American government.
I love the tension betweem how the West sees power (as something that needs to be controlled) oposed to China (which sees it as something that should be unchallenged).
Beautiful debate!
Where are those people that jack ma help to become big? They allowed their builder to stepdown is scary.
wow thanks for this wonderful documentary
US Crackdown on big tech is good but when China does it its bad.
Yes, what is best: 1.China: State-owned corporations or
2.Western world: Corporations owned state
What the EU *should* do is apply reciprocity. Allow Chinese companies into Europe as much as the CCP allows European companies into China, and with mirrored regulations and requirements.
EU wants to be an authoritarian Government that does not give freedom?
The EU has WAY more restrictions on Chinese investment than the other way around.
In china jack ma and i are same for the gouvernment, equality
Lesson: Know your place and the rules of the platform.
Ali Baba platform: sets rules for it's merchants. Merchants have to follow rules.
China Platform: Ali Baba did not comply with rules of Platform China.
Then here we are.
In a socialist society, no player can be a monopoly.
So this time line you brilliant analyst did, doesn't include the fact that he retired back in 2019? Does that make sense now you don't see much of his activities?
Unusually showing both sides of the story, much appreciated. Opinionated is less than ideal but still OK as long as you're providing enough information allowing viewers to judge for themselves.
This documentary is so compact, I felt like the time I watched an opera singer, time moves slower than my intuition of it (not in a bad way)
The point where it says people who lived in different times of growth appreciate different things resonates well to me.
If I put myself in a lot of pain and difficulties, I'll find it easier to appreciate and enjoy a pre-designed discipline, it was an improvement instead of a setback for my subconscious.
A government that doesn't embrace the power of individual ambitions would likely resort to oppressive means in my opinion
The problem with tech companies is the saturation of mutuality of the good old data - service transactions. When your data is so liable to be used against the improvement of your life, it had passed its beneficial line.
So the answer to this is to diversify the type of transactions between the consumers and the tech companies. Paid services like youtube premium is a good step but it is not complete without giving back some of the wisdom in return
My heart sings when Chinese companies are in trouble
I knew Michael Jackson wasn't dead he relocated to China .
15:31 I agree with her! German investors are not investing enough in German startups! They prefer to buy foreign stocks instead. :|
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Who's this professional everyone is talking about I always see her post on top comment on every TH-cam video I watched, I think I'm interested how can I get in touch with Mrs Linda
fair enough
No private companies can subvert the state and the public good. How is that a bad thing?
DW - the finest contemporary documentary film makers in the world !! Keep 'em coming. Thank you.
US should learn
when you see CCP bots flooded the comments, you know it’s worth watching.
"Europeans worries too much, that's why they aren't moving fast". Jack Ma in Kenya 2017
And now jack ma is in jail..l
@@thgephte947 He's free AF
@@bensonkaile9606 lol we all know where he is!!
Nigerian gov. Has no problem facing foreign companies but does not seem capable of punishing local companies.
Is Jack Ma a hero? Or it's perceived to be a hero only by DWs. Next time will DW call O.J. Simpson an American hero - so ironic.
Every government in the world has this power to dig and bring up your personal data! Surprise?
well,if big company could't be control,something bad would happen.
When China falling : China have no skill...
When China rise : China attact us.....
@Peter Sutcliffe this genocide nonsense is only in your head. Only you can make it stop for yourself. No one can help you.
Is “tightening” supposed to be good or bad?
As a korean, i'm worried about that chinese government regulates severely their good companies. Regulation doesn't makes innovation. Remember our history in the 19th Century. (Joseon and Qing)
Yet they have not touched Tencent, the one company everyone hates the most.
Stop listing of share in US stock exchange is an important move.
Government controls the capitalists in China, capitalists control the government in the US. Which is better? Your choice.
both sucks
basically
Jack Ma should have looked into moving part of his business outside of China before the government decided to clamp down on him and others there. Now it is too late and he has to tow the line or be punished even more.
@Johnson Li very interesting. it seems the like the same model Amazon is using. a very modern model.
Just saying: if ma was living in Qing or Ming, he would have lost his head along with his families.
The Chinese government murdered Jack MA!!!😳😭☠
The only comment in this report is accurate that is Europe should invest In science and technology. Otherwise, China would eat Europe’s lunches and dinners.
US tech companies not paid tax 😄
the university was the problem with an invitation based admission, allowing Ma seep into the political part and build his own Political force, so the CCP punished him.
The more government interferes, the more suppressed the economy. That is not to say it is good or bad, but if the CCP is looking to control the companies, or even the individuals like Jack Ma, who only expreseed an opinion to lose favour, they will have a hard time finding innovators like him. Innovation is driven by shaking the boat.
Is clear that many that comment didnt saw the video.
I think the closing sequence makes it seem like Chinese tech is further ahead of the world than it is. The US tech center is still well out front, China is showing as a strong number 2, and Europe is not in contention at all.
Europe worships the US like a religion. And it will be sacrificed at the alter of the US if it keeps worshiping the US.
In the west people are mostly thinking freedom is the best for business. But the Chinese country is showing us that the control of the economy from and through the land or the country or the Community itself should lead the economy. It is much more effective look at the state owned companies and banks. I love the Chinese way of economics
Then you should go and work as a normal citizen in China! Have Fun!!!
one word.big company should like Huawei not competing domestic
Why you guys portray Jack Ma like a hero? He's just a very successful man but otherwise no way near the level of Elon Musk.
Lmao
neither musk lol
One good thing we can take to China from the UK is magway underground package delivery. Automated. Cutting carbon emissions and time.
Alibaba/Tencent have a notorious reputation in China.
The internet giant should be split apart . The gov just fine a little money. Much too tender
nice. good to see technology companies are controlled. good job, China 👍
gv do need to tighten control of capitalists
Big company should be watched closely, no doubtly. Also, no much people in China complimented jack ma so stop lying
European became consumers, they need to build stuff again , everyone grew complacent... while China made everything.
Jake Ma was influenced by Ant Financial company.
Because the Chinese government does not allow technology companies to enter the financial sector, just as the US government does not allow Zuckerberg to engage in virtual currency to subvert traditional currencies, technology companies should pay more attention to research and development technology.
確實好久沒有馬雲的消息了啊！
低调很多了……毕竟老党员了，都说退休了，结果还去搞放贷，怎么都不合适的……
不过，再不济，老马也是妥妥的赢家啊，这不又有人看到他在海南打高尔夫……😄😄😄
Can you make a video on How China became so good at copying products and how they started mass copying and manufacturing programs.
alipay is doing the thing like the brother in 2008, the results everyone knows
China progress Pakistan progress. European commission. China Pakistan economic corridors
If you're a millionaire in China, it's best to leave while you can.
The crackdown will only get worse.
every county will contro his company， it is commonsense
For sure, you don't want corporations to control your daily life.
@sneksnekitsasnek Dont misunderstood police, police is from the people and mostly for the people. A privatized police department or jail will be a true "police sate" in the end.
he is still a rock star. i like him more than i like Bezos, Zuckerberg and the twitter guy combined.
Ma stole Amazon type of business ! Alipay stole PayPal and the list goes on and on..
what thing the western is the most criticised .The Chinese government is done right.
europe has become so uninspiring when it comes to economy
That's why I want someone new to be super-power.. Love u giant China..! West power now go around to East..!
Naive!Every big enterprise in China must have high level CCP members' support,or it will fail.If the political guy lost the political fight,the businessman he supports will also have trouble.
Now you are here don't do anything that will put you in jail or you will Miss everything and be like a caveman when you get out of prison