I take your point but the communist revolution plus the...

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    I take your point but the communist revolution plus the modernisation programs that followed have lifted millions out of poverty.This hybrid of capitalism that's state-directed has quite possibly been far more efficient than free market capitalism would have been.
    The West needs to become more interventionist in the market.

    That said, I think progress towards democracy in China is inevitable. The rule of law is necessary for medium sized business commercial certainty but this is for the long term. Meanwhile this is a fascinating collision of events. I feel for anyone caught up in it.


    Last edited by dolcevita: 18/08/19
 
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