Proletariat Love & Understanding!

DPRK: Criteria of Thinking and Practice of Officials! (27.11.2024)

Saying that all consumer goods are directly related to the people’s living, he added that to fully supply quality consumer goods is not merely an economic and technical affair but an important matter of valuing and defending our own things and demonstrating the advantages of our social system.

He stressed the need for industrial establishments to put production on a normal footing and steadily improve the quality of products so that the people can benefit from them, not content with the production and display of samples.

His instructions clearly indicate the criteria of thinking and practice of officials who are directly responsible for improving the people’s standard of living.

China Developing Well!

China: Explaining The West’s “Over-Production” Fear-Peddling! (3.10.2024)

Portraying China’s manufacturing capacity as a global risk, this narrative is a variant of the “China threat” rhetoric, with its toxic seed germinating in the hotbed of the West’s anxiety, or probably fear, due to China’s manufacturing rise.

From a low-cost manufacturing base to the world’s largest manufacturing powerhouse and an up-and-coming leader in advanced industries and innovation, China’s rapid elevation has unsettled some Western countries, who perceive it as an intolerable challenge to their industrial and trade dominance.

Responding to China’s manufacturing prowess with such apprehension smacks of hypocrisy and also ignores basic economics. China’s production capacity was seemingly not a problem at a time when many Western corporations capitalized on the country’s low-cost original equipment manufacturer (OEM) production capabilities.

Neither was it a problem when Western superiority was underlined by China having to sell a billion pairs of socks to buy a Boeing airplane, nor when China’s spare-parts production abilities helped propel worldwide sales of high-value-added products such as Apple iPhones.