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by rqs 2456 days ago
Hate to say it but it's already happening and getting more clear day by day. I start to suspect all of this is intentional, including all of those trade war "failures".

You have a threat (The trade war with USA, well and maybe South China sea etc) and a slowing economy. Now many Chinese companies are in need of help from the CCP government, and the help is not for free.

In Zhejiang, their government want to send "Government representatives" to private firms[0] to "help" them on site. I will not be in total surprise if one day all of those companies turn themselves to "State controlled".

[0] https://www.voachinese.com/a/China-To-Send-Officials-To-100-... (Chinese, but the URL already told the story)

1 comments

The idea that "free enterprise" wasn't state controlled to begin with in China is a western illusion that a lot of people seem desperate to believe.