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I am in agreement. Rule of law is a predictable stat that creditors like to evaluate risk. Thing is, China's application of law can be very political. So while
by rm_-rf_slash 11y ago
I am in agreement. Rule of law is a predictable stat that creditors like to evaluate risk. Thing is, China's application of law can be very political. So while creditors can't predict that the legal system will work as expected like in America or Western Europe, they can predict that even economically successful political dissidents are at a measurable risk to losing everything very quickly.