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{"platform":0,"content_id":"2024328615559909819","author_id":"2187170989","content_url":"https://x.com/mablejiang/status/2024328615559909819","content":{"text":"unpacking \"chinamaxxing\" and what you can do with it\n\n\"chinamaxxing\" formed four echo chambers, if you manage to understand all of them and react fast with careful thoughts, you'll have your once in a lifetime opportunity (my recommended action items are at the end)\n\nfirst off, the four echo chambers that are somewhat interconnected yet clashing are:\n\n1. the informed version of Chinamaxxing: Chinese robotics AI have a lot more data to train with / LLM per token cost is much cheaper for at par performance / they're all open sourced \n\nexamples: \nhttps://x.com/notthreadguy/status/2024214965561807186?s=20\nhttps://x.com/balajis/status/2023431767827583434?s=20\nhttps://x.com/CryptoMikli/status/2024014352139887097\n\n2. the prevailed prediction of \"Americadooming\" with the framework of credit cycle: the American economy is deemed to doom because of the credit cycle, and the USD-dominant fiat system is collapsing thanks to the hyperinflation\n\nexamples: \nhttps://x.com/RayDalio/status/2022788750388998543\nhttps://x.com/CryptoHayes/status/2023899981405712870\n\n3. the often unseen phenomena by the Americans: the super-deflation that Chinese (mainland) economy is going through - no parents want their kids who studied abroad to come back home, human labors are massively replaced by machineries so there is no real job available for the educated ones \n\nexamples:\nhttps://x.com/sukie234/status/2023373610879230270\nhttps://x.com/whyyoutouzhele/status/2024136826265772467\n\n4. the high-value-for-money experience living in China (despite the internet Great Wall): high speed rail and all the infrastructure allowing superb mobility across the country, even the beggars on the street beg with Alipay / WeChat Pay QR codes, 24-hour food delivery readily available, massages / shared-riding and other service costs tanked over the past few years (in contrast with living cost in NYC soared 2-3x over the COVID period)\n\nexamples:\nhttps://x.com/turingou/status/2023291601095966773\nhttps://x.com/sun_xinjin/status/2023311743225893186\n\nI can understand all four of them, because all four have their merits and aren't simply attention-farming. America is absolutely the leading country of world's AI, and China is indeed having its moment to catch up; America's hyperinflation and the fiat credit cycle is going to cause problems, but Chinese economy for the normies is suffering like no time in the past 30 years. \n\nThe question is what action you should take and can take as a more informed individual. \n\nEach action item could be expanded into another long post but i'll summarize here as a starter:\n\n1. if you're a capital allocator, it's not a bad idea to fund some long-existed reputable USD ventures / private equities in China - they're on the frontier of getting direct exposure into the right deals. Don't complain that they won't take US monies, there are ways HK-based wrappers and it was left open as an intentional opportunity. if you have direct access, you should NOT miss quality stocks that have launched and upcoming on HKEX - they're almost free now\n\n2. if you are a seasoned operator (great if you're well capitalized but you don't need to), invest into consumer / recreational activity related business in mainland and Taiwan. Some good friends of mine (and they're Americans) have already started the process 2 years ago. myself have also scooped some consumer stuff during COVID when the P/S was below 1\n\n3. if you are a content producer (and a non-Chinese one), talk about chinamaxxing with real experience on the ground as a foreigner would be welcomed by both the Chinese government (which will grant you traffic in the Chinese social media) and the western audiences - @ishowspeedsui already a great example and I guarantee you there will be more to come (i see @notthreadguy leaning towards that arc too)\n\n4. if you're building something in crypto, target the arbed opportunities couldn't be a bad idea. Help Americans get access to the high tech stocks on HKEX (because they literally have no way to get listed on NASDAQ / NYSE)? Wrap trendy Chinese phenomena to the western audience (the quote and quote soft power export)? \n\nwho am I to say all these? \n\nI'm nobody obviously, but I was probably one of the first 3 who started producing Chinese related crypto content on X back in early 2019 (I grew my first big group of X followers by translating Xi's speech about Bitcoin and blockchain tech in 2019 lol), and I helped many American projects find their ground in Asia in my past life. \n\nThis topic is something I breathe and sleep with - seeing chinamaxxing on X for a while by now made me want to share this piece, especially that I'm running a business that literally empowers people to trade cultures. \n\nAny collab ideas or thoughts related to this, feel free to ping. My DMs are open :)"},"media_type":1,"platform_created_at":1771472526,"ext":{},"created_at":1771472568}
