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by nixon_why69 7 days ago
It's still 1.4 billion people, 100 million party members, and a mostly capitalist economy where nobody stops you from starting a business. Decisions get made at all levels.

What's interesting is that, however you want to characterize their system, they're actually investing in a more diverse set of things than we are. Yes, AI is on the five-year plans but so are lots of other things. The US elite investors are pretty much only AI, all the time right now.
1 comments
hollerith 7 days ago
I don't agree with "mostly capitalist" when (again) most investment is made by regional banks that are state-owned enterprises with strong guidelines set by Beijing about what sectors to invest in.
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nixon_why69 7 days ago
You don't find it interesting that this leads to more diverse investments with a larger number of stakeholders?
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hollerith 6 days ago
I dispute your assertion that Chinese investment is more diverse and your assertion that most US investment these days is going into AI.

Also, how are you defining stakeholder and what makes you think there are more of these stakeholders in China?

China has benefited greatly from investment by US investors. Their leadership knows that and are eager for a continuation of that flow of investment.

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