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Neither of the two hold water if you look at how Chinese institutions dealt with the Ant IPO and recently the Didi fiasco and probably many more if you look.
by carlsborg 5y ago
Neither of the two hold water if you look at how Chinese institutions dealt with the Ant IPO and recently the Didi fiasco and probably many more if you look.
- liaukovv 5y agoThat seems to be an issue with chinese institutions, not with concept of trust in general.
- carlsborg 5y ago"institutions are usually strongly incentivized to act honorably". I am providing a counter example.
- danielmarkbruce 5y agoYep, it's not perfect. It's just pretty darned good is all I'm saying.