Presumably because the government is ensuring that Chinese entrepreneurs have access to capital and cheap labor. If businesses developed more organically with

Presumably because the government is ensuring that Chinese entrepreneurs have access to capital and cheap labor. If businesses developed more organically with a balance between capital and labor, the Chinese middle class would grow and China would achieve wage parity with the West and would compete on similar terms. The arrangement he described would give the advantage to Chinese business owners and the Chinese government, at the expense of western businesses and the Chinese people.