Why the Chinese economy will collapse - sailing related - SailNet Community
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post #1 of 7 Old 10-05-2013 Thread Starter
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Why the Chinese economy will collapse - sailing related

As some of you know, my wife is originally from China. When we started serious cruising we both started a blog, hers in Chinese and mine in the only language I am reasonably fluent in. Almost from the start she has had many more hits than I did. A couple of days ago she found out that there is a sailing group on a site called WeChat that is similar to Twitter and has 300 million users, mainly in China.

She joined the sailing group and found that is made up some racers and a bunch of people who are fascinated by sailing but don't really have a clue about it. What seems to be happening in China is that a lot of people have made a lot of money and are looking at ways to spend it. Golf is very popular, at least in theory, but it is very expensive since land is so costly in a country of 1.4 billion with most people living in less than 1/3 of the country. Marinas are springing up, mainly filled by powerboats owned by people who don't know how to use them and rarely leave the dock. Interest in sailing is growing, but so far June has only found two examples of Chinese boats sailing around the world - one that non-stop with a big crew (I think they did have to stop, but made it) and one single-hander who became a big media star.

Anyway, back to the collapse of the Chinese economy. June posted a number of videos on WeChat including one of Galapagos tortoises mating- a less exciting event is hard to imagine. They do it doggie-style and there is no movement visible with a grunt about every 30 seconds. Within six hours there were more than 2000 views of the video and the only people who knew it was there were the small group in the sailing forum. The economy will collapse because these people are addicted to the Internet.
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post #2 of 7 Old 10-05-2013
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Re: Why the Chinese economy will collapse - sailing related

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As some of you know, my wife is originally from China. When we started serious cruising we both started a blog, hers in Chinese and mine in the only language I am reasonably fluent in.
So, English isn't your only language?
[ducks and runs]

- Jim
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post #3 of 7 Old 10-05-2013
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Re: Why the Chinese economy will collapse - sailing related

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The economy will collapse because these people are addicted to the Internet.
Now we know why the US economy is in such a poor shape.

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post #4 of 7 Old 10-06-2013
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Re: Why the Chinese economy will collapse - sailing related

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...Marinas are springing up, mainly filled by powerboats owned by people who don't know how to use them and rarely leave the dock......
So they are trying to be just like the US.


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post #5 of 7 Old 10-06-2013 Thread Starter
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Re: Why the Chinese economy will collapse - sailing related

In a lot of ways they are trying very hard to be Western and American. The biggest television shows are Chinese Idol, The Voice, and many copycat shows. There were so many of these that the government announced that no more shows like this could debut. Western stars, singers and athletes are huge - and there is this huge interest in recreational activities and consumerism. I found it a hoot in Xi'an, where the Warriors are, that you could bt knockoff designer stuff a block away from the many stores where you could buy the real thing. At that time, the big deal was purses for men that were about $400.

With sailing it is a hoot. The few people who are getting in to it, go to somewhere like Malaysia to buy a boat, perhaps after a short basic sailing course. They really don't have a clue what to do next, generally don't know enough English to get help or read the standard reference books, even if they knew these books. It is all quite fascinating.

Heading back to Lake Ontario for this summer. Ainia is back in North America for the first time since 2010. Currently in Long Island Sound.
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post #6 of 7 Old 10-06-2013
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Re: Why the Chinese economy will collapse - sailing related

This is a good example how the rich Chinese spend their fortune
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Re: Why the Chinese economy will collapse - sailing related

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This is a good example how the rich Chinese spend their fortune
........
No doubt, son wants to learn to sail, but Dad is a stinkpotter and not happy.


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