| China knows its shit. It becomes the current hub of world trade/manufactures, not for the points you listed, but: 1. GFW, to create their own national champions that is CCP's to control and boost their internal economy. 2. Loose environmental regulations and labor protections. 3. Marketing Economy with Chinese characteristics. So pretty much the opposite of what you described. China adopts the raw parts of capitalism, and makes a cheap but efficient run of it. That is what gets to what it is today. \ Follow that school of thought, the Chinese leaders probably far from done with their capitalism experiments as of yet, for that capitalism is working so great for then. All the negative impacts haven't yet arrived there, so their intuition would be play it harder and harder, up their R&D spending, climbing up the global value chain, etc. Until they reached the stage, when the capitalistic side effects start to show on themselves and destabilize their rule, they would not stop. The Hong Kong today should ring the warning bell for the CCP. |