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Much of the money getting made in China is ending up in the hands of government employees who should not have very lucrative jobs, and the combination of lavish
by patio11 9y ago
Much of the money getting made in China is ending up in the hands of government employees who should not have very lucrative jobs, and the combination of lavish personal consumption by them and obvious advantages afforded to their children ("princelings") is causing audible social discontent about corruption.
The Chinese Communist Party considers audible social discontent to be an existential threat and responds to it with overwhelming force. Part of the response is banning public expressions of discontent. Part of it is shooting corrupt officials after show-trials. Part of it is rejiggering incentives, to make it clear that you'll have to keep your money under the watchful eye of the CCP rather than discretely investing it in a country which probably won't execute you.
- dilemma 9y ago>Much of the money getting made in China is ending up in the hands of government employees BS