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China Telecom Companies Pledge To Stop Monopolistic Practices

hackingbear writes "China's two telecommunications giants, China Telecom and China Unicom, announced Friday they will substantially raise their broadband speeds while further lowering broadband costs by 35% over the next five years. They also acknowledge the existence of monopolistic practices in reply to a recently launched investigation, which is the first of its kind against major Chinese state-owned enterprises. Being state-owned companies, their profits supposedly belong to the nation, but they have also become 'golden rice bowls' for their management and employees, and their supervising departments and officials." If the Chinese government would like to investigate these companies' monopolistic behavior, I have a suggestion on where to start looking.

3 of 68 comments (clear)

  1. Re:We Americans can show the Chinese Telcos by Ethanol-fueled · · Score: 0, Flamebait
    The summary:

    ...but they have also become 'golden rice bowls' for their management and employees...

    Yes, golden rice bowls in every household!

    Rice tastes better when it's served in gold,
    But you'd better eat quick if you don't want mold.

    Keeping your currency low makes you bold,
    But buying your cheap, broken shit is getting old.

    Some may say that this post is a troll,
    But fuck you all, I have a golden rice bowl.

    Burma Shave.

  2. Re:In other news by Anonymous Coward · · Score: -1, Flamebait

    but they have also become 'golden rice bowls'

    Anyone else find that racist? It is equivalent to a story about black people calling it "golden fried chicken bucket". It's a lame stereotype. Can we not have these in the front page please?

  3. Re:In other news by Ethanol-fueled · · Score: -1, Flamebait

    Serious response to a troll post:

    Women in China have monopory on poon tang because China has a one-child policy, and boys are more desirable than girls. that has led to many infant females being euthanized or given up for adoption. In some rural villages, the policy has forced many to inbreed because the only available females are those related to the men in question.

    And that is one reason why China will never be relevant in the modern world. I do support a one-child policy, everywhere in the world, but the couples in the more primitive cock-waving countries need to treat the girls as equals to the boys and accept what they get. As my female bio teacher used to tell me, "Sperm are cheap. Eggs are expensive." Also, the energy-producing organelle of cells is inherited exclusively from the mother.

    That's not to say that American ladies have the right idea, it does nothing but hurt their case when they decide to avoid developing personalities to concentrate on being snotty and pretty, even as they never learn how to properly wipe their own asses before sex. Get in there and wipe 'till there's no spots on the paper. This is not an isolated incident, it is a problem for both models and chubbies alike.

    A worldwide adoption and common-sense treatment of such a policy will ensure that resources are conserved and pussy is abundant.