I understand that the market reforms where great for the people of China and helped it develop into a global superpower competing with the USA. However, now that there is such growth, shouldn’t they start tuning down the private sector until it’s fully replaced? Similar market reforms happened in the USSR, but that was replaced when the USSR economy grew. I tried to research it, but all I got was capitalist bs from the west. Also, even with the private sector, shouldn’t higher education be paid for? I understand that there is nuance and it is not that simple, that is why I’m posting this: I want to understand the nuance, not to spread ultra bs.

  • randomquery [none/use name,any]@hexbear.net
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    27 days ago

    Those graphs are interesting. How does state ownership grow that quickly over that short a time? Are they just pouring money into nationalising industries? Massively growing state ones? Seizing bad 'uns? All of the above?

    To be honest I am not sure. Wish they would have some explanation in this report but I couldn’t find anything.