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Anonymous
Chinese villagers become millionaires selling yarn online 2017-03-10 10:34:32 Post No. 120378
[Report] Image search: [Google]
Chinese villagers become millionaires selling yarn online 2017-03-10 10:34:32 Post No. 120378
[Report] Image search: [Google]
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Chinese villagers become millionaires selling yarn online
Anonymous
2017-03-10 10:34:32
Post No. 120378
[Report]
People in a rural village in northern China have hit the jackpot after they gave up farming to sell woollen yarn online, according to Chinese media reports.
Donggaozhuang, about 3½ hours’ drive from Xingtai in Hebei province, has produced dozens of millionaires after its villagers took to selling the thread on the online shopping platform Taobao, the Beijing Youth Daily reported.
Taobao, the country’s biggest online marketplace, is owned by the Alibaba Group. It also owns the South China Morning Post.
Donggaozhuang is home to at least 400 e-shops that only sell yarn online, according to the article.
Villagers buy the wool and turn it into thread.
One village leader was quoted as saying that the village with a population of slightly more than 2,000 now boasts a few dozen millionaires since their yarn businesses gained popularity online.
It all started with a young villager who set up an online store and made 20,000 yuan (US$2,900) in just three months.
His fellow villagers, whose main livelihood was from growing wheat and corn, were amazed, the article said.
China’s online retail sales to double in three years, analysts say
Village leaders then asked the man to teach others how to start their own businesses.
More villagers followed suit, selling or leasing their farmland to focus on producing yarn.
Many village children have quit high school to help manage their families’ businesses, the report said.
http://www.scmp.com/news/china/society/article/2076393/chinese-villagers-become-millionaires-selling-yarn-online
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>>120378
Cool. Too bad their commie government suppresses this sort of virtuous behavior.
Their property will soon be taken and given to less deserving people.
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Chinese gave up communism long ago when Mao died and Deng replaced him. They still have heavy corporate taxes tho
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>>120439
Right thats why the government owns everything just like in communism
Commies gtfo
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>>120393
And the kids that dropped out of school will be screwed
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>>120461
>government owns everything just like in communism
There are no governments in actual communism
>lol not MUH true communism that's never been tried
Yeah hahaha very funny BUT that's actually what it fucking says in Das Kapital so, not an argument.
Read a fucking book, /pol/
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>>120527
Communism refers to governments which base themselves on communism.
Fagget ass commie
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>>120528
yeah or if you listen to commies
"That Communist system simply wasn't pure enough"
Communism is worse then feudalism
at least serfs have some legal rights
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>>120528
I'm not a commie at all. I vote Libertarian. I'm just not an ignorant fuck like you.
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>>120531
Yeah, more rights than modern capitalist workers, actually. We had threads about this on /his/ in the early medieval period, serfs could even have their local Lord forcibly removed by whoever he was a vassal of, if he was being an abusive fuck. Then Yeomen happened and it all went to shit.
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>>120461
Not really though. China right now has a pretty fucked up, hard to define private-state owned mix.
There are some purely state owned business, mostly in "strategic" industries. Then there are some purely private citizen owned ones, but they're limited to small scale stuff. Then there's things like TVEs which are technically collectively owned by the village they're based in but are basically run by regional CCP gov. Or other technically private companies which have virtually all their shares owned by party officials. Then of course there are some foreign owned factories. Also, a lot of these companies compete with each other in a regulated market
It's certainly not capitalism as we would probably understand it, but communism it is not
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>>120532
Uh huh
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>>120534
uh huh
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>>120393
[Citation needed]
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