China’s industrial policy has worked better than critics think

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Industrial policy can stimulate chosen sectors, but it can also stifle competition and create over-capacity

 

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That tends to happen when one makes their intellectual property from another's....

我还没看,但我估计先扬后抑

China should stop the UyghurGenocide and end the full out support of the HKPoliceTerrorism as we all know xijinping and CarrieLam are at the front of this. HongKongProtesters PoliceBrutality HongKongProtests HKPoliceBrutality

FreeHongKong Embrace varietal beauty. EMBRACE not Smother. If you love it, set it free. If it loves you it will return to crash and raid the fridge and empty your wallet. Gentle Giant $baba Everyone wants to come to a Gentle Giant World needs a Gentle Giant😢 $brka $aapl

Supporting sectors is the stringest side of china today. Free market western competitors are being killed by the competiton against government supported vhinese companies. I dont think that china will stop till they kill all the strong competiton by aqusitions or any other way.

China intervention seems not to be working in their own backyard for sure! Take a look at Hong Kong! Authoritarianism is hard to maintain with capitalism!

Tut tut. When will they ever learn?

good

Everything that the state does it does badly. So the less state the better. This has been proven an infinite number of times.

all countriesdo that, China is just a little bit more effective

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