Why is the Chinese mentality so risky?

[Zorrocoin]

I don't see them as risky, I see them as insanely hard workers (to the point of being unhealthy), just obsession with wealth and making money and working and working, and then as someone mentioned they seem to obsessed with superstitious stuff.

Well, to be honest, In fairness of China if you don't have money, you won't likely be married if you are a man. Sending your kid to college will only end like a dream. There is no social safety net. Money has a great influence and money gets you a great life. The fact that wealth is so valued there just makes the society all the more cut throat. Regarding superstitions, I see a lot of that in Asian countries.

China has a massive population of about 1.3 billion . Chinese people are extremely hard working  , smart and money- loving people. As you said, money does have a great influence and affects their decisions a lot , just like other people. In  such a huge economy with  rising competition andd accelerating prices , people are accepting new things and new options to advance their money supply. and superstition stuff as you said is also followed greatly in the Asian countries.

[bitrev]

I thought this topic was an interesting read, in fact it is just speculation. Bad.

[gentlemand]

I thought this topic was an interesting read, in fact it is just speculation. Bad.

Chip in with some of your own insight, then.

[Q7]

Sometimes it's just the culture of the people. You can see that they are willing to take the risk on the expense of ending up with nothing. It's not just the casino but it's pretty inherent with stock markets as well. When it comes to bitcoin, for them it's just an opportunity to gamble and make more money. I don't know if technology means that much to them, but the allure of profit would be the main driver.

[botany]

Sometimes it's just the culture of the people. You can see that they are willing to take the risk on the expense of ending up with nothing. It's not just the casino but it's pretty inherent with stock markets as well. When it comes to bitcoin, for them it's just an opportunity to gamble and make more money. I don't know if technology means that much to them, but the allure of profit would be the main driver.

Financial repression by the Chinese government is another reason. With interest rates kept artificially low, people are forced to look for alternative assets where the yield is higher. So the stock markets turn out to be a gamble, which the Chinese take.

[Scamc0p]

I've always thought it was the government that caused their people to be risky hence eventually turning greedy.
But my view is pure speculation because having never been to the country of the rising sun, I can not give a determined educational answer for never experiencing their culture first hand.

[arallmuus]

I don't know if technology means that much to them

They have the nature to be hardworking to strive for profit therefore Its not about the technology that driven them it is mainly profit. Basically anything that could make profit for them will be taken into their target despite that it is a nontech things or such.

If you would to compare A and B which A is a rubbish and B is the future technology then whichever could get them a profit would be their choice despite that it is a rubbish or a future technology

[Scamc0p]

I don't know if technology means that much to them

They have the nature to be hardworking to strive for profit therefore Its not about the technology that driven them it is mainly profit. Basically anything that could make profit for them will be taken into their target despite that it is a nontech things or such.

If you would to compare A and B which A is a rubbish and B is the future technology then whichever could get them a profit would be their choice despite that it is a rubbish or a future technology

But this is what anybody in another culture does. That is not solely just for theirs.
If something is not done for a profit then why would anyone do it, for free? 

[arallmuus]

They have the nature to be hardworking to strive for profit therefore Its not about the technology that driven them it is mainly profit. Basically anything that could make profit for them will be taken into their target despite that it is a nontech things or such.

If you would to compare A and B which A is a rubbish and B is the future technology then whichever could get them a profit would be their choice despite that it is a rubbish or a future technology

But this is what anybody in another culture does. That is not solely just for theirs.
If something is not done for a profit then why would anyone do it, for free? 

I dont exactly get what you are trying to say but you do need to read that I dont even understand what do you mean about the words "do" / "did" and such, wonder what it means
Some people values technology and it is not about solely making profit from it but for the chinese things are different because what they need is not a technology but how to get profit , basically this means how to get profit even if it from rubbish and stuff

[aakashsangwan]

 

They are totally money driven, I suppose. We had a chinese teacher and she told us that the way to reach a chinese woman's heart was through money. Gambling tends to attract greedy people.

Every person is diffrent and so was she.

I think that woman lived in poverty and that was her thought. Only hookers are attracted towards money.And no one can reach someone's heart with $. And if so, that will not be a true love.

[Scamc0p]

They have the nature to be hardworking to strive for profit therefore Its not about the technology that driven them it is mainly profit. Basically anything that could make profit for them will be taken into their target despite that it is a nontech things or such.

If you would to compare A and B which A is a rubbish and B is the future technology then whichever could get them a profit would be their choice despite that it is a rubbish or a future technology

But this is what anybody in another culture does. That is not solely just for theirs.
If something is not done for a profit then why would anyone do it, for free? 

I dont exactly get what you are trying to say but you do need to read that I dont even understand what do you mean about the words "do" / "did" and such, wonder what it means
Some people values technology and it is not about solely making profit from it but for the chinese things are different because what they need is not a technology but how to get profit , basically this means how to get profit even if it from rubbish and stuff

I am in basic terms saying, not just the chinese culture see profit as the bottom line. EVERYBODY in ANY OTHER CULTURE wants profit and will DO ANYTHING that is necessary to do it. My culture has just spilled 15 million litres of oil in the forest JUST FOR PROFIT of the oil sector. So this would be considered rubbish in your eyes, polluting and disgracing the ecosystem of their own land to gain a profit from the land they are leasing.
This is all that I am saying. GREED IS A POWERFUL THING MY FRIEND.
It will drive an entire nation to killing itself in the process for the bottom dollar/line.

[Amph]

I thought this topic was an interesting read, in fact it is just speculation. Bad.

well no my answer regarding the fact that they are too many and for this you can see more their greedy effect it's the only logical explanation, no speculation is involved

if chinese's people were one million or 10M like greece's people, no one would notice them at all

[I E]

1.357 B People in China this might clear a few things up 

[arallmuus]

I dont exactly get what you are trying to say but you do need to read that I dont even understand what do you mean about the words "do" / "did" and such, wonder what it means
Some people values technology and it is not about solely making profit from it but for the chinese things are different because what they need is not a technology but how to get profit , basically this means how to get profit even if it from rubbish and stuff

-snip-

You got a few wrong points :

#1. Mentality and culture is two different things and literally different
#2. Im not your friend

The word rubbish literally means rubbish . If you would to propose something/technology to a chinese investor then the words that you should use will be the return of their investment otherwise you wont get any of their funds and it doesnt matter if you create a super machine but you cant get them profit for their investment

[mrhelpful]

Last time I checked its not just chinese its everyone. But games in the casino are directed to asians due to more percentage based on business owners.

Also it isnt fair to say only chinese just because they have a bigger population then ours.

[notlist3d]

Last time I checked its not just chinese its everyone. But games in the casino are directed to asians due to more percentage based on business owners.

Also it isnt fair to say only chinese just because they have a bigger population then ours.

Yea I think it's unfair to say all Chinese are gamblers and effected by gambling.  This is just not true.  With bitcoin dealings I really have not met anyone who gambled to much (there were a few dice players).  But overall most like to keep the coin they earn.

The more scary thing is look at what Chinese average salary is on your job.   You would be surprised the difference in pay.

[Falconer]

Last time I checked its not just chinese its everyone. But games in the casino are directed to asians due to more percentage based on business owners.

Also it isnt fair to say only chinese just because they have a bigger population then ours.

Yea I think it's unfair to say all Chinese are gamblers and effected by gambling.  This is just not true.  With bitcoin dealings I really have not met anyone who gambled to much (there were a few dice players).  But overall most like to keep the coin they earn.

The more scary thing is look at what Chinese average salary is on your job.   You would be surprised the difference in pay.

Chineses in my company get bit higher salary than me, but its totally depend on effort and neatness when they are working. I am be amazed with their professionalism and habit.

[dothebeats]

Most of the business tycoons here in our country are Chinese, and based on their biographies, they really worked hard to gain those riches. However, there is something that I don't really like on Chinese businessmen: they tend to go for quantity over quality. There have been controversial items here in our country that came from China that has some bad health implications for children, especially that controversy in regards with melamine being mixed with the colors of several toys. Chinese people are great in multiplying their wealth, but as I've studied, most of them only care for their profits and not the people around them.

[arallmuus]

they tend to go for quantity over quality.

This is how the chinese manufacturer based their work on. Basically quality isnt important , they tend to produce a low quality product with the hope that the product will be broken soon ( if it isnt food and such ) and so people will get a new one . Check some low quality stuff or some cheaper product and you will see that it is made in china

Chinese people are great in multiplying their wealth, but as I've studied, most of them only care for their profits and not the people around them.

They do care about people around them , literally this means whoever that is close with them however they dont really care about the others apart from that because chinese care much about their families and friends (most literally)

[Falconer]

They do care about people around them , literally this means whoever that is close with them however they dont really care about the others apart from that because chinese care much about their families and friends (most literally)

I've heard a chinese who just care with profit and his businesses, not for people around him even his family. He never reduce the price of his product for his big family (cousin, uncle, niece, nephew, etc.), even he make higher price for them to get profit easily. He said its his culture as chinese, which he stated 'a friend is friend, a family is family, but business is still business to earn profit', no matter who your customers are.