Xi Jinping personally halted Ant's IPO after Jack Ma snubbed government leaders

Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by wsc981 on Friday November 13, 2020 @02:01PM (#25086043)

> Do you think China suffers from a collective inferiority complex?

Might have something to do with loss of face perhaps which is an important concept in many asian countries [0]. From my understanding you have to be very careful with criticism in many Asian countries, especially with regards to authority. If someone has higher authority than you (e.g. boss at work) he can generally do no wrong or if he does wrong in some way (e.g. makes bad business deal), you don't confront your boss.

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[0]: https://www.tripsavvy.com/saving-face-and-losing-face-145830...

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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by dnhz on Friday November 13, 2020 @02:21PM (#25086272)

I'm not a fan of cultural explanations for behavior versus realpolitik, especially when the alleged cultural characteristic can be distilled into a single phrase.

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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by mads on Friday November 13, 2020 @02:55PM (#25086653)

I think loss of face is a very misunderstood concept.

When is the last time you as a westerner, which I assume you are, bragged to your friends about losing face that time you slipped on a banana peel?

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