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> China of the present China is not well run. The economy remains under the heavy thumb of the state and is not really serving the needs of the people. Consu
by rubashov 16y ago
> China of the present
China is not well run. The economy remains under the heavy thumb of the state and is not really serving the needs of the people. Consumption as a share of GDP is actually going down. Massive malinvestments from state connected banks and industries are piling up and will explode. The regional party bosses are still basically highly corrupt gangster thugs.
The only way you can look at china and think "Success STory!" is by drawing a GDP or foreign reserves chart. It says nothing about being a person under the chinese government.