It is quite interesting. If Xi said prices will fall 100 percent in China in 2024, Biden and his advisors would not know what to do and China would firmly be in control!!!,''
Yes, it is, but only from the psychological point of view by showing how some posters here perceive the political and economic world around them. A very good indicator of how much money the Australian Government is wasting when trying to educate some people, which can be anywhere between $83,000.00 and $349.000.00.
"Socialist market economy.
"China operates as a socialist market economy incorporating industrial policies and strategic five-year plans The system is characterized by state-owned enterprises and public ownership within a market economy. It is a market economy with the predominance of public ownership and state-owned enterprises3.."
"Dirigisme or dirigism (from French diriger 'to direct') is an economic doctrine in which the state plays a strong directive (policies) role, contrary to a merely regulatory interventionist role, over a market economy. As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state"
