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China hasn't done much central planning for many decades.
by BurningFrog 8mo ago
China hasn't done much central planning for many decades.
- Synaesthesia 8mo agoThey do, the state permits a free market but they also coordinate strategically to make decisions which benefit the country.
- tw1984 8mo agoNo, central planning is key to the state capitalism employed by China, it is done on ALL strategic industries. They just no longer do any central planning on nonsense matters like how much ice cream need to be produced for the summer and how much coffee shops are required for Shanghai.