But as someone living in China, where there is strict foreign currency regulattion, I have say crypto currency is one of the best investions in the last 15 years.
This post is from 2022.02.20. It says that Chinese airlines have showed terrible security risks since COVID, because COVID creates great losses for airline industry. At the end of the post, it says that deadly accidenty is abound to happen.
Last air crash from Chinese airlines was 2010.
The crashed site is not far away from my hometown. RIP.
The pandemic changed everything for the airline industry, which went into recession for two years. Pilots' incomes went down 10% to 40%, so did flight attendants' incomes, and losses were widen.
Last year, one of the "big three" airlines[1] recovered 100MMs RMB of revenue through selling pilots. Yep, selling pilots in stock, literally asking them to find jobs elsewhere. The airline industry is in a mess now, but the public doesn't know.
Young pilots complaining that they won't be able to make their mortgage payments; Low morale in the industry. Much higher attrition rates. What do they all mean for an industry that relies on safety?
1. A Qingdao Airlines aircraft ran over a ground crew staff [2]
2. Runway excursion for a China Eastern aircraft in ZLYL [3]
3. Landing gear pins were left not removed on a Lucky Air aircraft (subsidiary of Hainan Airlines) [4]
4. Cracked windshield on a Juneyao Air aircraft [5]
Those all happened within a year. Chinese civil aviation has never had a safety track record as bad as this. People in the industry feel very bad for such shameful moment.
But what would happen next? No idea. Everyone is waiting for that flight with the unlucky ones.
> In entrepreneurship, these are cardinal sins. because of limited resources, startups fail when their bets aren't concentrated. startups also fail when prematurely optimizing costs because innovation is inherently wasteful.
As a founder who strugglews with concentration, I found that your insight is gold.
As a (funded) foreigner in China I'd say it's really difficult for outsiders. However, if you are a so-called "haigui" (海龟) or overseas returnee Chinese, then obtaining funding and government support appears to be much easier. The whole HK thing hasn't helped.
I'm actually surprised to see funded foreigner in China. Basically it depends on how many connections you have, the more the easier. But I remember after the year 2016/2017 the funding starts to die down quite a bit comparing to previous years.
Have you found the bottleneck and has the experience improved?
I don't know the specifics of your app. But minimizing assets could also reduce bandwidth, it's mostly done by default. So that's what's why i didn't mention it before.
According to my cloud server's monitor, there is a big chance that the slowness is due to bandwith too crowded. I want to see if there is more slowness report or if I can experience slowness again, before I spend time to learn profiling.
But I guess sooner or later I'll have to do that. Now that I know what is in my armory, I feel more at peace :)
Perhaps it's a good time to mention that I've implemented health checks for a lot of applications.
It returns healthy when everything is okay ( eg. Select 1; on the db) and unhealthy when something is off ( eg. Hard drive 80% occupied, CPU at 80% or memory at 85% ) and returns failure when....
If could be just a library in nodejs and adding an endpoint.
My database is mongodb and I use Mongoose as ORM.
My crud operation is quite simple, therefore I doubt ORM causes the performance. But like you said, I need profiling.
But as someone living in China, where there is strict foreign currency regulattion, I have say crypto currency is one of the best investions in the last 15 years.