Bloody hell Bleeding heck! Is there any industry that doesn’t have a severe overcapacity problem in China, Will, in a nice essay on China’s latest anti-corruption campaign notes:
The article comes to a truly bizarre, only-in-China climax:
In the following year, China will scale up its anti-corruption campaign through incorporating it into the country’s social and economic development plan, said Liu.
Liu said more than 67,000 new songs with anti-corruption themes were composed and over 24,000 singing concerts held in the past year to educate key officials about self-discipline.
Cracking good work, everybody. The nation is clearly well on-target to meet the anti-corruption song target laid out in the tenth five-year plan. With cadres bombarded with anti-corruption songs at this rate, completely clean government will be just around the corner.
In order to store 67,000 anti-corruption songs a person would need four 60 GB iPods and one 30 GB iPod. At about US$400 for a 60 GB and US$300 for a 30 GB, that would total about US$1,900, well above the national per capita income (off the top of my head, about $1,400). Although China has massive overcapacity in cheap MP3 players, none of these have significant storage capacity.
If a propaganda song is sung in an overcrowded market, does anybody care?
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