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The CCP priority has never been capitalism or the free market. It has always been China. They allowed foreign companies in the 90s to operate in China but in p
by AniseAbyss 6y ago
The CCP priority has never been capitalism or the free market. It has always been China.
They allowed foreign companies in the 90s to operate in China but in partnership with the Chinese thus foreign companies were literally training their own future replacement.
Foreign companies only saw short term $€¥ signs as always. Fast forward to today and there is very little Chinese market left for foreign companies to conquer.
I find it difficult to hate the Chinese for not repeating the mistakes of the 19th century and playing it smart.