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https://twitter.com/michaelxpettis/status/1537026644107751424 https://twitter.com/berthofmanecon/status/1536951946812084226 quote:One such firm is Weifang Binhai Tourism Group Co, which is selling investors 500 million yuan ($74.04 million) of debt yielding 8.5%-9.5%, to fund engineering projects and replenish cash, according to a sales pitch. The earlier restrictions on bonds: https://twitter.com/michaelxpettis/status/1479681609074946048 ronya fucked around with this message at 18:16 on Jun 15, 2022 |
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Jun 15, 2022 17:52
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It's less that "military exercises don't work" but that Russia's culture of grift, corruption and incompetence meant they were just glorified potemkin villages meant to raise NATO's hackles and not actually raise readiness. China's military exercises might be more efficacious in comparison.
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Jun 15, 2022 18:06
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Raenir Salazar posted:It's less that "military exercises don't work" but that Russia's culture of grift, corruption and incompetence meant they were just glorified potemkin villages meant to raise NATO's hackles and not actually raise readiness. China's military exercises might be more efficacious in comparison.
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Jun 15, 2022 18:17
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Grouchio posted:Yes, but do they really want to invade Taiwan right after seeing how the world responded to Ukraine and after Biden directly declared they would defend Taiwan? Probably not? Wars are expensive and inherently risky; and politicians are typically risk-adverse and tend towards wanting to kick the can down the road and make it somebody else's problem. All previous attempts to accelerate the issue by China's leadership backfired. I don't see Xi as being particularly more impatient than Zhang.
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Jun 15, 2022 18:50
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Raenir Salazar posted:I don't see Xi as being particularly more impatient than Zhang.
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Jun 15, 2022 19:06
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https://mobile.twitter.com/BBCAfrica/status/1536242531196932096 (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 15, 2022 21:16
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What a strange news article. Lets just draw a line around every racist westerner that's made hosed up twitch and youtube videos and call that a 'Western video-making industry' as if it's being institutionally run. Is China having racists like everywhere else supposed to be shocking? (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 15, 2022 23:34
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Eric Cantonese posted:https://twitter.com/TelegraphWorld/status/1536979655890243584 It is paywalled but scanning the papers, depending on where the media is based and who they tend to rep, it seems like everyone thinks it's aimed at them or it is a nothing burger. I tend to fall in the 2nd camp. This is just the continuation of China announcing itself as a Great Power with interests across the globe and intends to act as a Great Power would in the global realm. The BRI now sees the Chinese with significant financial investment in Africa and South Asia and like the Americans, they do not intend to sit idly by if something is going to threaten their investments or their energy. Their force projection is still nowhere close obviously but it is announcing that this is the path they intend to go down. They don't need this to target Taiwan. quote:Blake Herzinger, an Indo-Pacific defence policy specialist, said he was inclined to think of the development as a maturing of the armed forces rather than something “particularly ominous”. https://www.theguardian.com/world/2022/jun/15/tensions-heighten-in-taiwan-strait-as-china-acts-to-extend-military-operations
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Jun 15, 2022 23:46
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MikeC posted:It is paywalled but scanning the papers, depending on where the media is based and who they tend to rep, it seems like everyone thinks it's aimed at them or it is a nothing burger. I tend to fall in the 2nd camp. This is just the continuation of China announcing itself as a Great Power with interests across the globe and intends to act as a Great Power would in the global realm. The BRI now sees the Chinese with significant financial investment in Africa and South Asia and like the Americans, they do not intend to sit idly by if something is going to threaten their investments or their energy. Their force projection is still nowhere close obviously but it is announcing that this is the path they intend to go down. This is correct. The US has responded by reopening US Embassy Honiara along with AUKUS. While Taiwan remains an important issue, it's not part of the long-term Pacific strategy as their future is uncertain and their political leadership is unreliable. The PRC's only permanent PLA base is in Djibouti. They also maintain a base at Ream in Sihanoukville that they deny. There have been some geopolitically significant BRI investments like Sri Lankan port Hambantota (to counter India), Myanmar port Kyaukpyu (to bypass the Strait of Melacca).
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Jun 16, 2022 01:44
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MikeC posted:It is paywalled but scanning the papers, depending on where the media is based and who they tend to rep, it seems like everyone thinks it's aimed at them or it is a nothing burger. I tend to fall in the 2nd camp. This is just the continuation of China announcing itself as a Great Power with interests across the globe and intends to act as a Great Power would in the global realm. The BRI now sees the Chinese with significant financial investment in Africa and South Asia and like the Americans, they do not intend to sit idly by if something is going to threaten their investments or their energy. Their force projection is still nowhere close obviously but it is announcing that this is the path they intend to go down. There is a similar-esque announcement like this on the Taiwan issue every couple months. I also agree that this is a nothing statement in regards to a Taiwanese invasion.
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Jun 16, 2022 01:46
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For any interested, US Ambassador to China R. Nicholas Burns will be doing a fireside shortly with the Brookings Institution: https://www.youtube.com/watch?v=sEgAE1oNH60
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Jun 16, 2022 13:54
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In surprisingly ferocious backlashes in Chinese domestic politics: https://twitter.com/ZichenWanghere/status/1537731104311943168
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Jun 18, 2022 06:53
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ronya posted:In surprisingly ferocious backlashes in Chinese domestic politics: That's heartening to see. That seems like the kind of egregious misuse of power that would raise the hackles of anyone. The Chinese people deserve better than to have a security-state noose tightened around their necks. We all do.
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Jun 18, 2022 19:02
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TikTok is back in the news and no one is really surprised. https://www.buzzfeednews.com/article/emilybakerwhite/tiktok-tapes-us-user-data-china-bytedance-access quote:Buzzfeed posted:
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Jun 18, 2022 23:08
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MarcusSA posted:TikTok is back in the news and no one is really surprised. Oh no, how could a tech conglomerate spy on people?! (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 19, 2022 04:43
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MarcusSA posted:TikTok is back in the news and no one is really surprised. this is just a normal tech company lol. a few ops people have the keys to the kingdom because it’s how they do their job, even when you put things behind a KMS of some kind you can usually just yoink keys out from running server configs or ssh into production nodes. unless you’re military or guarding state secrets, most companies are mostly going to stop at not letting random execs build spying tools on accident. One way or another the people who maintain and develop the platform will effectively have or can easily get raw access and only law or a special market (HIPAA etc) will really encourage a company to go nuts locking poo poo down or at least having aggressive policies and auditing given that it’s a social media platform I don’t see why they’d bother to lock it down quote:Most of the recorded meetings focus on TikTok’s response to these concerns. The company is currently attempting to redirect its pipes so that certain, “protected” data can no longer flow out of the United States and into China, an effort known internally as Project Texas. In the recordings, the vast majority of situations where China-based staff accessed US user data were in service of Project Texas's aim to halt this data access. “the guys working on isolating data to regional DBs have connected to those DBs” quote:There is, however, another concern: that the soft power of the Chinese government could impact how ByteDance executives direct their American counterparts to adjust the levers of TikTok’s powerful “For You” algorithm, which recommends videos to its more than 1 billion users. Sen. Ted Cruz, for instance, has called TikTok “a Trojan horse the Chinese Communist Party can use to influence what Americans see, hear, and ultimately think.” well if ted cruz says it… quote:Project Texas, once completed, is supposed to close this loophole for a limited amount of data. But many of the audio recordings reveal the challenges employees have faced in finding and closing the channels allowing data to flow from the US to China. tech companies are huge sloppy piles of poo poo under the hood, even Google, even Netflix, especially Facebook, etc. quote:In September 2021, one consultant said to colleagues, “I feel like with these tools, there’s some backdoor to access user data in almost all of them, which is exhausting.” “The company can’t boil the ocean and lock everything down and also keep engineers productive and sane, it’s not a revenue earner so it’s not a true priority, maybe if we make enough noise they’ll bother” (it’ll go back to being sloppy once the attention on the issue wanes) the article paints a picture of a very normal tech company dealing with very normal tech company things but they need clickbait and also to quote Ted cruz for some reason. The colorful bias and tinge of drama chosen reads to me mostly as fearmongering about the one popular social media app in the US that isn’t largely US controlled
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Jun 19, 2022 08:46
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yeah i have to add i dont really understand why what tiktok is doing is concerning in terms of china accessing the data
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Jun 19, 2022 09:38
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China getting access to proprietary dances first is a huge security risk!
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Jun 19, 2022 09:56
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I think the issue is their CSO and stuff was saying that essentially their international operations are completely separate from their Chinese ones. I don't know too much about this because I dont give a gently caress, you're an idiot if you trust any tech company, use Debian, but I remember during the whole Trump banning tiktok thing they went out of their way to at least imply that douyin and everything in China operates its stuff, and the international stuff runs separately besides shared technology. Stuff like this https://www.datacenterdynamics.com/en/news/tiktok-cso-says-apps-services-are-separate-bytedances-chinese-operations/
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Jun 19, 2022 14:18
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Chairman Xi, they call this one "Harlem shake" (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 19, 2022 15:23
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Personally I think theres a difference from a tech firm stealing my info compared with a hostile government trying to steal my info.
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Jun 19, 2022 21:53
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BrainDance posted:I think the issue is their CSO and stuff was saying that essentially their international operations are completely separate from their Chinese ones. Yeah this is a pretty big issue especially since they testified to that fact.
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Jun 19, 2022 21:56
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It really isn't a big issue. We're talking about TikTok here, not some service storing personal data.
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Jun 19, 2022 21:59
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The largest and most popular chinese app being caught in a bold facs lie about its security and connections to the ccp seems like a medium to large deal to me
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Jun 19, 2022 22:53
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Despera posted:Personally I think theres a difference from a tech firm stealing my info compared with a hostile government trying to steal my info. What line are you drawing between tech firm and government? Is this better or worse than, for example, the US government scraping reams of personal data from twitter and facebook? If so, why?
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Jun 20, 2022 00:30
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This isn’t about the US. It’s about a company testifying one thing while actually doing the complete opposite. I’d hardly call the data useless as well. Names, phone numbers, emails address, and geolocation data for millions of people is kinda a big deal.
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Jun 20, 2022 00:35
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MarcusSA posted:This isn’t about the US. It’s about a company testifying one thing while actually doing the complete opposite. Yeah the remarkable thing isn't that they're doing it so much as that they were allowed to continue operating. There's a reason why Russians are posting on VK and Chinese on Weibo. There's far too much useful data there to not just build a separate, domestic social media platform if at all possible.
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Jun 20, 2022 00:39
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MarcusSA posted:This isn’t about the US. It’s about a company testifying one thing while actually doing the complete opposite. For sure, but every single tech company on earth does this, and framing it as especially egregious because it's being done by A HOSTILE GOVERNMENT is definitely going to seem a mite hysterical unless you can explain why this example is significantly worse than everyone else doing exactly the same poo poo?
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Jun 20, 2022 00:41
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some plague rats posted:For sure, but every single tech company on earth does this, and framing it as especially egregious because it's being done by A HOSTILE GOVERNMENT is definitely going to seem a mite hysterical unless you can explain why this example is significantly worse than everyone else doing exactly the same poo poo? Because first off the data was never supposed to leave the country to start with. But because everyone else does it we can excuse it when they testified that it wouldn’t happen?
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Jun 20, 2022 00:43
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Herstory Begins Now posted:Yeah the remarkable thing isn't that they're doing it so much as that they were allowed to continue operating. There's a reason why Russians are posting on VK and Chinese on Weibo. There's far too much useful data there to not just build a separate, domestic social media platform if at all possible. I think the issue with trying to build a separate, domestic tiktok is the one that all the twitter clones run into: everybody is already on twitter. What would the sell be, "hey everyone, use USTok! It's exactly the same, only owned by a different faceless conglomerate!"?
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Jun 20, 2022 00:44
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MarcusSA posted:Because first off the data was never supposed to leave the country to start with. I'm not saying it should be allowed, but if data protection laws and testifying you won't mess about with it meant anything Mark Zuckerberg would have been executed by now. What workable solution is there? Also, you don't live in china. Surely you're better off with your data in the hands of the Chinese government than the US one? Who is more likely to come down on you?
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Jun 20, 2022 00:46
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some plague rats posted:I think the issue with trying to build a separate, domestic tiktok is the one that all the twitter clones run into: everybody is already on twitter. What would the sell be, "hey everyone, use USTok! It's exactly the same, only owned by a different faceless conglomerate!"? Nah they were going to force the sale of tiktok's US operation as a whole
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Jun 20, 2022 00:46
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Herstory Begins Now posted:Nah they were going to force the sale of tiktok's US operation as a whole And what happened to that plan?
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Jun 20, 2022 00:48
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some plague rats posted:And what happened to that plan? https://www.bbc.com/news/technology-58719674 (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 20, 2022 00:49
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some plague rats posted:And what happened to that plan? They pinky swore that the data was safe and secure here in the US. Also this yeah,
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Jun 20, 2022 00:49
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The... order to sell was dropped by the Biden admin? I guess what they were up to wasn't that big a deal? Or maybe they decided the whole thing was just a part of the Republicans dumbassed sinophobic rhetoric, and the people trying to start a land war with china probably weren't making sensible, grounded decisions about how to approach their business interests in the US? Not a lot of detail available, honestly
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Jun 20, 2022 00:52
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I would guess that this coming up as an issue again reflects dissatisfaction with how that last chapter ended. Biden revoked Trump's ban, which I think was plainly the product of trump's sinophobia, but I don't think that can be read as an endorsement of having tik tok operate domestically, either. As I said previously, I think the surprising thing is that they were allowed to continue operating
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Jun 20, 2022 00:55
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MarcusSA posted:This isn’t about the US. It’s about a company testifying one thing while actually doing the complete opposite. this chapter just shows me how unaware the larger sphere is to how fundamentally sloppy and insecure data is and has been since the dawn of the internet. tiktok gets scrutiny because it's a good foreign actor to make a boogeyman out of, but even our domestic data-holders are so loving sloppy that there are enormous, incredible leaks happening constantly, and only a small % of them are disclosed anyways. I truly don't think any of this matters in the slightest. The mattering this *could* have is vastly outweighed by what feels like the constant intentional fearmongering about the scary chinese tiktok app that is corrupting our youth.
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Jun 20, 2022 01:10
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MarcusSA posted:I’d hardly call the data useless as well. Names, phone numbers, emails address, and geolocation data for millions of people is kinda a big deal. There's a lot more potential data, too, outside of just tiktok. Bytedance is behind Pico, the only VR headset company right now that offers a near 1 to 1 alternative to Facebook's Quest 2. Facebook is definitely selling the Quest 2 at a loss because they get potentially so much data from it (the way it does tracking requires that it has a bunch of cameras running all the time, and it has to be spatially aware.) But the Quest 2 is the only headset capable of doing a bunch of things, people don't have other options (it's the only major standalone headset, its not a thousand bux, and a bunch of other stuff.) So it just sucks for a lot of people, it's the best option but it also means giving Facebook access to tons of data, maps of your room, how big your feet are, how you walk, I dunno bunch of stuff. Pico started selling a direct competitor just recently, no Facebook, and it's not a bad headset! But you're trading for Bytedance which, is it even any better than Facebook? Despera posted:The largest and most popular chinese app being caught in a bold facs lie about its security and connections to the ccp seems like a medium to large deal to me Sending data to China is not necessarily the same as sending data to the party. I didn't see any actual evidence that the party or the Chinese government is accessing this data. But it is true that Chinese law doesn't protect any Chinese companies data from the Chinese government if the government wants it. Though that would be a much bigger scandal if there was evidence of it.
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Jun 20, 2022 01:15
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Herstory Begins Now posted:I would guess that this coming up as an issue again reflects dissatisfaction with how that last chapter ended. Biden revoked Trump's ban, which I think was plainly the product of trump's sinophobia, but I don't think that can be read as an endorsement of having tik tok operate domestically, either. As I said previously, I think the surprising thing is that they were allowed to continue operating there is also the more base reason, that enough senators have kids with sinecures in the tech industry that anything that even -smells- like tech regulation is going to get a lot of pushback from powerful quarters. nobody at Facebook wants that precedent getting set
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Jun 20, 2022 01:17
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