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by aabhay
2058 days ago
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I think this is definitely the western assumption from events like this, that the regulators want a cut, etc. The real risk here is that once you grow big enough to pose a real risk to economic stability, AND you are clearly not publicly pledging your fealty to the state, then you get 'out of control' and Chinese culture would support reining you in. While this may seem corrupt to the US lens, I personally have to admit that this kind of action strikes me as politically savvy. Regulate before Jack makes the statement, and it seems like stifling innovation; don't regulate at all, and the capitalists gain power. |
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