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A comment on Dreams of a Red Emperor: The Relentless Rise of Xi Jinping. Parent comment

Re:Dreams of a Red Emperor: The Relentless Rise of Xi Jinping by whimsicalism on Friday October 23, 2020 @03:18PM (#24872838)
The point I'm making is pretty clear. Obviously this analysis is entirely comparative, since we're trying to diagnose why China might diverge compared to other growth models.

China has comparatively less wealth concentration, and a comparatively much higher proportion of Chinese billionaires and multimillionaires are self-made compared to the US. Keep in mind, there weren't really any billionaires in China before 1980 for them to inherit the money from.

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Re:Dreams of a Red Emperor: The Relentless Rise of Xi Jinping by nilkn on Friday October 23, 2020 @03:22PM (#24872870)
Your point is not at all clear to me, sorry. I think the differences you're pointing out are small at best, and while they may not have had a vast aristocratic billionaire or centimillionaire class in the past, they definitely do today.
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