I studied in Sydney, Australia for 7 years from 1990. Below is received from a old Aussie friend by WhatsApp. I did some FCs, and seems this was written in May 2020. Not sure if he has any new/updated views.
*OPINION*
*Australian ABC Radio Peter Goers:
With China, many Aussies are absolute hypocrites.*
‘Revolution is just a T-shirt away,” sings Billy Bragg.
*The T-shirts are made in China like everything else. We wear and consume the proof of the success of the Chinese Revolution and they drink our wine, use our iron ore, eat our tucker and enrich our entire tourism and education sectors.*
It is almost impossible for almost anyone in the world to go a single day without buying or using something from China.
*China is the engine of the world and now rules the world economically. * We once ludicrously feared Reds under the beds. Now they’ve made the beds we lie in. One in five people in the world is Chinese.
*The People’s Republic of China (as even ardent conservatives attest) achieved the greatest social, political and economic miracle in world history by raising 1.5 billion people out of feudal poverty into a middle class in 50 years*
China has wisely followed the American and British examples of economic colonisation of the world but avoided the appalling errors of fighting useless and expensive wars. *China has not caused a war for hundreds of years.*
The economy of the world is predicated on China. *We ignore China’s communism when we make money from it, but because of the COVID-19 virus we are suddenly sabre-rattling and loathing China’s political system. Hypocrisy rules.*
Britain lied about COVID-19 mortality rates, and Trump’s US continues to exacerbate the virus. Has Australia demanded an inquiry into those countries? No. Japan has been building islands for decades with no international criticism. China builds islands and we send gunboats.
Australia rails against China’s human rights violations yet we continue to imprison refugees in concentration camps and continue to treat Aboriginal people appallingly. Australia is the nation which persecuted and demeaned the Chinese and others through the iniquitous White Australia policy.
Australia continues to treat the Chinese with racism and suspicion through an apparent genetic disposition to distrust them. We despair of Chinese surveillance of its citizens yet increase surveillance on our own. We despair of the Chinese persecution of minority races yet we are eternally trying to weaken our own Racial Discrimination Act.
Our Government is trying to suppress the press. We welcomed the English lords Vestey and McAlpine owning half of northern Australia, we allow American surveillance and military bases and yet we resent any Chinese investment in Australia.
China is a developing nation and is far from perfect – but we have much to learn from it. The cold war against China is damaging and dangerous. The British tried twice to poison and weaken the Chinese through opium addiction, invaded China and stole Hong Kong. There are Australians and Americans who’d gladly try to repeat that.
Sadly, Sinophobia is back officially and publicly as Australians are spitting on Chinese-Australians. Shame.
We are encouraged to criticise China but we rail against Chinese criticism of us. Isn’t Professor Kam Louie, of Hong Kong University, right when he says Australian leadership is “male, pale and stale”, and aren’t the Chinese right when they say Australia is America’s dog?
The Chinese came to Australia before the British, traded peacefully with Aboriginal people and had the good manners not to invade, claim the country and dispossess and massacre them.
The US and Britain are dying. China is flourishing. Napoleon was right when he said 200 years ago: “China is a sleeping giant. When she wakes, she will move the world.”
Australia must move with and not against China with respect and showing good example. Then we grow together in the great leap forward. Put that on a T-shirt made in China.
*Peter Goers can be heard weeknights and Sundays on ABC Radio Adelaide”*
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Continue ReadingWhy Switzerland has a nickname of innovation / by investment man.
If you ask which country is the nickname of innovation
′′ Switzerland ′′ is also one name that gets that nickname.
Why are countries with less population than people in Bangkok?
And there are 13 times smaller than Thailand's nickname is the country of innovation.
Invest man will tell you about it.
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If you want to know the possibilities of the world economy, you must understand the
World economy 1,000 years. 6th typing.
You can order at (get 10 % discount from the cover price of 350 baht)
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╚═══════════╝
Switzerland is located in the Western European Continent.
It's a small country of only 41,285 square kilometers.
Which area size is 13 times smaller than Thailand.
And there is no way out to sea.
Switzerland has a population of just 8.6 million, less than the estimated number of people in Bangkok, around 10 million.
But in 2019, Switzerland had GDP reaching 24 trillion baht, the world's 20th largest.
And the average income per Swiss capita is 2.7 million baht per year.
Make here the world's 2th highest average income country
Why a small country without sea exit
Population is less than the number of people in Bangkok.
And not having as many natural resources as other countries.
To have this big economic size
The answer to this story is ′′ Innovation
Do you know that the budget for research and development of Switzerland's research and development in 2020 is worth 720,000 million baht, 3 % of GDP.
Which is considered a country with budget proportion to the world's top GDP.
By investing in this aspect, it's to develop and build new knowledge.
That will lead to innovation in future.
Which helps the country have inventions, works or services.
That can meet the needs of human beings who are changing along time.
In the past, Switzerland is one country that succeeded in developing and innovating that Switzerland can rank 1 in the field of innovation from World Economic Forum's rankings for 10 consecutive years.
And this story becomes one of the key factors.
That attracts multinational companies to do business in Switzerland.
For example,
Nestlé Global Food Product Leadership Company
Year 2019 earn 3.2 trillion baht, profit 431,000 million baht.
Currently, the company's value is around 10.7 trillion baht.
Novartis company manufacturing and distribution of world's major medicine and medicine.
Year 2019 earn 1.5 trillion baht, profit 368,000 million baht.
Currently, the company's value is around 6.4 trillion baht.
ABB, Electrical Systems Engineering and World's Big Automation Technology Company.
Year 2019 earn 879,000 million baht, profit 45,000 million baht.
Currently, the company's value is around 1.7 trillion baht.
In 2019, the chemical machining industry, electronic products, the industrial group that creates export income to Switzerland over 3.7 trillion baht or almost 40 % of the country's exports.
What we can notice from this number is
Switzerland's multi-income industry is using a lot of innovation.
It's reflecting that Switzerland budgets put into research and developments make good returns for the country.
Although in the past, Switzerland has a major obstacle, there is no space to go to the sea to make a trade through the navy.
But we can see that Switzerland shuts down this weakness by innovating to develop countries and successfully stepping up to become one of the top countries of the world.
This story is another great example to see that
The country's research and development budget is important.
And a huge priority at this point
It's fine to make Switzerland become a country that is called ′′ Innovative Country..
╔═══════════╗
If you want to know the possibilities of the world economy, you must understand the
World economy 1,000 years. 6th typing.
You can order at (get 10 % discount from the cover price of 350 baht)
Lazada: https://www.lazada.co.th/products/1000-i714570154-s1368712682.html
Shopee: https://shopee.co.th/product/116732911/6716121161
╚═══════════╝
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References
-https://en.wikipedia.org/wiki/Switzerland
-https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
-https://www.statista.com/statistics/732269/worldwide-research-and-development-share-of-gdp-top-countries/
-https://en.wikipedia.org/wiki/ABB_Group
-https://en.wikipedia.org/wiki/Novartis
-https://finance.yahoo.com
-http://www.worldstopexports.com/switzerlands-top-10-exports/
-https://en.wikipedia.org/wiki/Nestl%C3%A9
-https://www.loveinc.com/gallerylist/73262/10-countries-that-used-to-be-poor-but-are-now-richTranslated
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กรณีศึกษา TikTok ใหญ่กว่า ปตท. 4 เท่า /โดย ลงทุนแมน
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Continue ReadingTikTok case study is bigger than PTT 4 times / by Investing Man
If it comes to online apps that many people use daily.
Probably Facebook, Instagram, Twitter, YouTube
Apart from the application that comes.
Another hot platform that makes many people can't put their phones down.
I may not be able to escape ′′ TikTok ′′
The popular trend of this short video of platform.
Making TikTok's mother company called ByteDance
There is higher value than PTT. The largest company in Thailand has reached 4 times.
How did this happen
Investing man will tell you about it.
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′′ ByteDance ′′ is a Chinese nationality startup company founded in 2012
Who owns multiple social media platforms
For example.
Toutiao, news reading application and contention in China.
Helo, popular social media apps in India
And the most widely known popular app right now is TikTok
So what is TikTok?
TikTok is a platform for users to watch and publish mobile videos.
Creative short video from anyone and anywhere in the world
And there are exotic features to create works such as music, lip sync, filter, effects.
The beginning of TikTok must go back to 2016
ByteDance has launched an application for publishing a short video on mobile phone in China named Douyin.
Douyin got a great response in China
Within a few months, the application download has risen more than 100 million times.
And more than 1,000 million video views per day
When things are like this, Zhang Yiming, founder ByteDance, thought to make this application known and world famous.
So it's the same application as Douyin that opens outsiders China to use.
This application is called ′′ TikTok ′′
After only two years of debut
In 2018, TikTok reached 800 million applications downloads.
With fun features for many short video creations.
Make not only the average person get in.
TikTok is also widely popular in celebrities and famous people.
Both abroad and celebrities in Thailand
This phenomenon is magnetic. It attracts more people to use TikTok.
Moreover, COVID-19 outbreak from early 2020
It's a factor that gives more TikTok usage.
Just the first quarter of 2020 quarter.
TikTok has reached 315 million downloads
Until now, TikTok has more than 2,000 million downloads.
Another important interesting thing is
TikTok focuses on developing AI system.
In selecting the contents to match the user's preference.
To attract users as long as possible
Until now, TikTok has 800 million users per month.
And there is an average application time of up to 52 minutes per person per day.
Compared to other social media apps
I have to say TikTok is stepping up to challenge other platforms fiercely.
Facebook has around 2,500 million users per month.
YouTube has about 2,000 million users per month.
Instagram has around 1,000 million users per month.
TikTok has around 800 million users per month.
TikTok's popularity and rapid user base
Make Advertising and Selling Products within the application.
Like a coin or gift increases dramatically.
Revenue of company ByteDance, owner of TikTok.
Year 2018 ByteDance earn 229,000 million baht.
Year 2019 ByteDance earn 527,000 million baht.
ByteDance revenue grows to 130 % in one year.
In the first three months of 2020
ByteDance has made an income of around 173,600 million baht.
If it goes to target
ByteDance will earn in 2020 total 874,000 million baht.
When things are like this, it makes ByteDance the mother's company of TikTok.
Estimated value to around 4.6 trillion baht.
How much is this worth?
Let's compare to PTT. The largest company in the Stock Exchange of Thailand
Market value of PTT company. Public Company Limited is equal to 1.1 trillion Baht.
ByteDance estimates equivalent to 4.6 trillion baht.
I will see that investors value ByteDance higher than PTT. Up to 4 times
What is this story telling?
This story shows us how to create value for a company or what it does.
It doesn't have to live with lots of resources or take long.
The point is, we need to find the hidden value in the simple things of everyone's daily life.
As TikTok knows, people like to watch short videos and want space to publish their own containers.
I can't believe this simple idea.
Going back to meet the needs of people around the world and it's worth a lot.
So much so that we didn't think that apps like this would be worth losing to big companies in other industries..
╔═══════════╗
cuddle Update the situation and economic situation with Blockdit
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Blockdit.com/download
╚═══════════╝
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References
-https://www.bytedance.com/en/products
-https://www.tiktok.com/about
-https://www.bloomberg.com/news/articles/2020-05-27/bytedance-is-said-to-hit-3-billion-in-profit-as-revenue-doubles?sref=Wmf2L5h5
-https://www.businessinsider.com/tiktok-bytedance-revenue-billions-first-quarter-results-growth-2020-2020-6
-https://wallaroomedia.com/blog/social-media/tiktok-statistics/#:~:text=Monthly%20Active%20Users%20%E2%80%93%20TikTok%20has,of%20now%20(June%202020).
-https://www.forbes.com/sites/mikevorhaus/2020/05/27/bytedance-chinese-digital-giant-and-owner-of-tiktok-reported-to-have-revenues-of-17-billion/#163b02b023de
-https://www.statista.com/statistics/272014/global-social-networks-ranked-by-number-of-users/
-https://www.cnbc.com/2019/09/30/tiktok-owner-bytedances-first-half-revenue-better-than-expected-at-over-7-billion-sources.html
-https://www.set.or.th/set/factsheet.do?language=th&country=TH&symbol=PTTTranslated