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by colordrops 2401 days ago
It was the policy of China before Xi Jinping as well.
1 comments

Not quite as aggressive as now. It is called "国进民退".
国进民退 guó jìn mín tuì "state advances, private retreats" was coined to refer to the Chinese government bailing out state-owned enterprises while letting private companies go bankrupt after the 2008 financial crisis. That's both not "now" and also before Xi's rise to power.
It has been extensively used to describe the current situation - expansion of government's role in business and diminishing of private enterprises.
It is not aggressive, it just wasn't as obvious before to those outside of the circle.
If they choose to be "obvious", they mean to show rather than hide it. It is a more aggressive tactic to bring others into the fold. There is no accident when it comes to these things for the communists. It serves as a warning shot.