Leonard Ziwenjere retweetledi
Leonard Ziwenjere
7.5K posts

Leonard Ziwenjere
@leoziw
Telecoms, Project Management, Data Analytics. Family comes first.
Bulawayo, Zimbabwe Katılım Şubat 2009
562 Takip Edilen316 Takipçiler
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi

They’re building the Hyperloop!
Good for them. We should do it in America.
Massimo@Rainmaker1973
China is testing a vacuum high-speed train that can travel over 1,000 km/h. This ultra-fast vacuum tube magnetic levitation system could reduce the travel time between Shanghai and Hangzhou (distance: 200 km) to just 9 minutes.
English
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi

Because for some insane reason the Chinese companies don’t focus on “maximizing returns to shareholders” but “minimizing profits so you can kill your competitors.”
They call it being 內卷 or “involuted” although I’ve never understood the meaning of that term either in English or Chinese. I just know what it is.
Imagine a German Mittelstand SME cornered the market in making some obscure but essential widget for more than a century and got the bright idea of outsourcing the manufacturing to China.
For 8-15 years everything works beautiful. Costs plummet and even junior Chinese executives get to fly business class because everyone is so flush. Then, on a cursed day, some Chinese guy figures out how to do it without the Germans.
The $8,000 widget becomes $950 overnight. If you asked him how he arrived at that insane pricing he’ll say “I take my cost. I add my 20% profit. Boom.” But wait! You and the woebegone German are the only ppl on the planet with this technology?
Why not price it at $6000? You’ll make more money because you still significantly undercut the German. You’ll both survive and have more money in your pockets! It’s a duopoly.
Nope! That maniac, even after he buried that Mittelstand that has been passed through multiple generations minting fat profits, will keep cutting costs. Junior executives aren’t flying business no more.
And then he’ll lower prices. On himself.
It’s pathological. I’ve heard Chinese economists beg businesses not to do it. It’s why the stock market in Shanghai sucks. And it’s why the Chinese businesses are beasts.
Richard Ngo@RichardMCNgo
What's the best explanation for why, despite China's economy booming, the Shanghai Stock Exchange has been flat for decades?
English
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi
Leonard Ziwenjere retweetledi

Starting today, review & comment on the draft of The Standard for Project Management – Eighth Edition (PMBOK® Guide) during the 45-day ANSI BSR-8 period (closing 2 June 2025). Your feedback matters!
Learn more & participate: bit.ly/4hHJ9wX

English














