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Exactly. This also further deepens Chinese dependence on the government which means the government’s on the hook for more things. And the way the Chinese gove
by addicted 3y ago
Exactly.
This also further deepens Chinese dependence on the government which means the government’s on the hook for more things.
And the way the Chinese government is doing it they’re on the hook on both sides, both on the supply and demand side.
- alephnerd 3y agoThis is something the Xi Administration is fine with. His administration is largely traditionalists within the CCP, who are apathetic to market capitalism due to a couple very high profile corruption scandals in the 2000s and early 2010s.