What's going on with the Chinese taking over businesses with lower interest loan?

I have been seeing passing comments of people saying there are a lot of Chinese people in UB since about a year ago, but didn't think much of these unsubstantiated reports.

But now people are saying the Chinese are buying businesses or creating competition to starve the domestic companies. Can someone report from the ground? The image is from a FB post by Batbayar Ürjinjav, the ceo of Best Buidan, who's declaring bankruptcy. He writes that he used to have hundreds of employees in his furniture manufacturing company but due to the Chinese getting interest-free loans, his company is unable to compete and is folding. He said once the Chinese companies starve out the local competition, they will dictate the price.

Is there really a hostile takeover happening on macro scale or are people jumping to premature conclusions? Has any journalist picked up on it and made a good substantial report?

Curious and out of the loop from abroad.

u/skinnyhumpty — 2 months ago

Are we ready for ethnic diaspora repatriation program?

Mongolia has the 18th largest land mass and 3.5 million people. But it has its ethnic diaspora mainly in Russia and China that have been living under cultural erasure and assimilation.

While the uncertainty of accepting people who have different passports may seem scary, it's been an important policy that Mongolia has been unable to commit to.

Repatriating willing ethnic Mongols could offset brain drain, bolster economic growth and let our kin escape oppression and enrich our lives in Mongolia.

First, most of our youth are trying to get out of the country, and while immigration rules are becoming stricter, we don't know if this could reduce the thousands of talented youth we're losing every year. The countryside is becoming emptier, our birth rate is dipping, inbreeding might be increasing, and our institutions are declining with scarcity of talents. With the flight of educated youth, corruption and cronyism are getting rampant. Bringing Övör, Buryat, and Kalmyk Mongolians to the countryside and allowing them to work and live in designated regions and fields could help solve that.

Second, Mongolians fluent in Russian and Chinese could mean immense assets for trade and commerce. Let's be honest, Khalkh Mongolians, as educated as they are in English and Western knowledge, still lack the means to make meaningful relationship with our two neighbors. I think Kazakhstan is doing especially well in this regard, implementing repatriation programs from many countries. Ovor Mongolians in particular could be great assets in working with China well.

Third, Buryats and Kalmyks are predominantly getting drafted into the Ukraine war and losing their lives meaninglessly. Poverty is really high there. Here, they can build a house and life here. Övör Mongols aren't allowed to teach their children the Mongolian language. Soon, Mongolian could become an endangered language. The number of Mongolian speakers is dwindling year by year. And bringing those who want to be here can mean a lot both for us and them.

Sure, some of them will prefer to stay and that's fine. (I know some bots will be apoplectic about how Övör Mongolians will prefer China to our shoddy northern nowhere land.) We only want those who are willing to stay in Mongolia. And yes, some Mongolians will be insecure, suspect they're spies and try to ostracize them. But immigration and permanent residence-issuing have become a sophisticated protocol in many countries and all we have to do is emulate those and develop a really good immigration program. We can learn from U.S. immigration laws, and Israeli, Irish and Kazakhstani disapora repatriation programs. We already have the TOMFL (Test of Mongolian as a Foreign Language). We have our vertical script getting revived. We have large mining and light/heavy industry projects, which will create stable, well-paying jobs. We need them as much as they need us.

If you've spoken with any ethnic Mongolians, or read their stories or watched their interviews, you'll clearly see that these are people who share our language, culture, and genes, but also bring different language, culture, and genes. They see the world in a totally new way, and can help us get out of this chötgöriin toirog.

Imagine Mongolia having 4 million citizens, with 500k ethnic Mongolians living under permanent residence. In a few decades, they'll be naturalized and be great addition to our society. What would that look like? Well one thing is for sure. With a market like that, Paypal, and Adobe won't be an issue for us. Also, with new immigrants, we'll have to have clear signage and simply-explained rules and those will force us to uphold the rule of law rather than trying to rely on an acquaintance or finesse a system to get something done.

If we stay scared and lose time, we're gonna lose more people and get weaker and weaker until... Well, we don't want to think about it, do we?

What do y'all think? What can we do to ensure we're repatriating more ethnic Mongolians? Are we ready?

reddit.com
u/skinnyhumpty — 2 months ago
▲ 2.1k r/mongolia+1 crossposts

The only remains left of the Dzungar people: Hainuke Temple ruins in Xinjiang. During the mid-18th century, the Qing dynasty carried out the Dzungar Genocìde, which wiped out roughly 70% to 80% of their population (~480,000 people) through warfare and deliberate starvation

u/skinnyhumpty — 2 months ago
🔥 Hot ▲ 6.4k r/mongolia+1 crossposts

TIL the abundance of Thai restaurants worldwide is partly the result of a Thai government campaign to spread the country’s cuisine and influence. Since 2002, the Global Thai Program provides people with training, grants, and standardized restaurant models

foodandwine.com
u/AuspiciousApple — 2 months ago

Other Mongolians to Glaze - Poll C

Time for another poll! This time it's Mongolians from the 19th century, roughly.

Same as before, who should we glaze the most? Who's face should be on banknotes, bottles, and borjuur? Geshh.

Please research these people before voting if you can.

Also, who's next? Please help me nominate more historical figures! Especially 20th century!

View Poll

reddit.com
u/skinnyhumpty — 2 months ago

Other Mongolians to Glaze - Poll B

Time for another poll! This time we're running some intellectual figures from the Baga Khaad and Qing era.

Same as before, who should we glaze the most? Who's face should be on banknotes, bottles, and borjuur? Geshh.

Please research these people before voting if you can.

Birth and death years and formatting done by LLM and errors might be present.

View Poll

reddit.com
u/skinnyhumpty — 3 months ago

Congrats to our Kg brothers, who broke the record by receiving 13 mil tourists this year. We still 0.8 mil. This comment sums up why.

reddit.com
u/skinnyhumpty — 3 months ago

Which Other Mongolian Should We Glaze - The Poll A

This is the continuation of my earlier post and the first batch of the many people nominated for greatness worthy of glazing!

Other than Chinggis Khagan, who should also appear on banknotes, vodka bottles, street names, airport lounges and candy wrappers etc? You decide!

A few more polls will run and the winners will be polled again for the best of the best poll.

Please research these people before voting if you can.

Birth and death years and formatting done by an LLM, so errors might be present.

View Poll

reddit.com
u/skinnyhumpty — 3 months ago

Other Mongolians to Glaze

Happy Naadam, everyone. I hope you're making the denj dipped, wherever you are.

Here's a thought, are we glazing over Chinggis khaan a little too much?

Who else should we be glazing over? Why?

I want to hear your opinioms,.

Two people I am considering are Sharavyn Myangat, the 18th c. Mathematician who discovered Catalan numbers, and Tüdev Lodon, whose novels are informative as they are well written. Tüdev guai also ran for presidency in the 1990s.

You can learn more about them here: https://en.wikipedia.org/wiki/Minggatu

https://www.xlibris.com/en/bookstore/bookdetails/573452-discovering-the-world

please add your person to glaze over!

u/skinnyhumpty — 3 months ago

Does Mongolia have a shot of having a unicorn startup?

I thought Egune and Erxes had a shot, but I'm not sure anymore. Can we have a truly globally useful company in Mongolia?

I just read somewhere Italy has 2 unicorns, Germany has 30 something, and France has 20 something unicorns.

reddit.com
u/skinnyhumpty — 4 months ago

Tsagaan Boroo by Nominchimed is depressing

Highly recommend to those who want to improve their Mongolian. You won't be bored that's what I'll promise.

But trigger warning for necrophilia, SA, cannibalism, gore, and infanticide.

reddit.com
u/skinnyhumpty — 4 months ago

Cool Mongolian content thread

Some contents need to have a longer shelf life and be seen by people over a longer period of time.

Post a link to a content you think deserves more views. Others can watch it and upvote if they agree.

It can be on whatever topic but more points if captioned.

reddit.com
u/skinnyhumpty — 4 months ago

They're starting a nationwide mining pit inspection named after the girl that died in the borehole

u/skinnyhumpty — 4 months ago

Norman Reedus of TWD fame is in Mongolia?!

Is this true? Anybody seen him? The photo on his IG seems to be taken near Peace Bridge area.

u/skinnyhumpty — 5 months ago

Ideas for new flairs?

Hi everyone!

Do we need any more flairs? What are your thoughts on the following?

Зовлон | Issues

Уулзалт | Connections

Any more flair ideas? Also please check out the current flairs before posting and make sure you put the appropriate flair on all your posts.

TIA,

The Mod team

reddit.com
u/skinnyhumpty — 5 months ago

Can someone make a whereidlive site but for Mongolia?

It can be with the provinces and also districts in UB! I think it'd be really cool and help young people travel and explore within Mongolia.

I want to see where you guys' preference lies. I wish I could make it but I don't have the know how or the time.

reddit.com
u/skinnyhumpty — 5 months ago

What are some cool subreddits you'd recommend to young Mongolian redditors?

I know that everyone is joining the subreddits of their interest, but is there a specific subreddit that you found really helpful in getting more educated, finding remote work etc?

Let's discuss.

reddit.com
u/skinnyhumpty — 5 months ago