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China economy has a vibrant private sector, takes about 60% of the economy, and is the main driver of the economy growth [1]. There are plenty of Chinese start
by justicezyx 6y ago
China economy has a vibrant private sector, takes about 60% of the economy, and is the main driver of the economy growth [1].
There are plenty of Chinese startups IPOed in US in the past years.
Of course the data was manipulated and inflated.
But does that totally changes the primary effect of market economy in China. I cannot find a logical connection in between...
[1] https://www.forbes.com/sites/rainerzitelmann/2019/09/30/state-capitalism-no-the-private-sector-was-and-is-the-main-driver-of-chinas-economic-growth/ https://www.forbes.com/sites/rainerzitelmann/2019/09/30/stat...