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Not quite as aggressive as now. It is called "国进民退".
by eznoonze 7y ago
Not quite as aggressive as now. It is called "国进民退".
- yorwba 7y ago国进民退 guó jìn mín tuì "state advances, private retreats" was coined to refer to the Chinese government bailing out state-owned enterprises while letting private companies go bankrupt after the 2008 financial crisis. That's both not "now" and also before Xi's rise to power.
- eznoonze 7y agoIt has been extensively used to describe the current situation - expansion of government's role in business and diminishing of private enterprises.
- deleted 7y ago[deleted]
- ksec 7y agoIt is not aggressive, it just wasn't as obvious before to those outside of the circle.
- eznoonze 7y agoIf they choose to be "obvious", they mean to show rather than hide it. It is a more aggressive tactic to bring others into the fold. There is no accident when it comes to these things for the communists. It serves as a warning shot.