The CCP is mostly controlled by Xi Jinping, and he’s happy to purge anyone who gets in his way, since 2012 and continuing today. He’s also forcing compliance at every level — from disappearing Jack Ma for the mildest of CCP criticism to enforcing a blackout of tianamen square in their ai models. He is much closer to Putin than Trump.
This same control-freak policy applies to their trade. Want to do business in china? Be prepared to set up a 50/50 joint stock company. Want to move money out of the country? Good luck, 50k/year max. This is why so many Chinese buy foreign property, they are trying to move assets outside the reach of the CCP. It’s also why China turns a blind eye to the fent trade — it weakens the US and provides a valuable source of hard (ie cash) currency for China.
Don’t get it twisted, the CCP is run by authoritarians with little tolerance for dissent, not wise technocrats building a better China.
Chinese belt and road initivate can nearly be called free trade.
Holy shit no.
The CCP is mostly controlled by Xi Jinping, and he’s happy to purge anyone who gets in his way, since 2012 and continuing today. He’s also forcing compliance at every level — from disappearing Jack Ma for the mildest of CCP criticism to enforcing a blackout of tianamen square in their ai models. He is much closer to Putin than Trump.
This same control-freak policy applies to their trade. Want to do business in china? Be prepared to set up a 50/50 joint stock company. Want to move money out of the country? Good luck, 50k/year max. This is why so many Chinese buy foreign property, they are trying to move assets outside the reach of the CCP. It’s also why China turns a blind eye to the fent trade — it weakens the US and provides a valuable source of hard (ie cash) currency for China.
Don’t get it twisted, the CCP is run by authoritarians with little tolerance for dissent, not wise technocrats building a better China.
Chinese belt and road initivate can nearly be called free trade.