Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub...
by onepointsixC on Friday November 13, 2020 @05:07PM
(#25088098)
That happened under an purposeful period of liberalization. Xi Jinping has been pretty clearly walking that back. Moving towards a more authoritarian direction isn't going to cause the Chinese market to fail overnight, but here we have a pretty clear example of how it is impeding growth.
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub...
by lefrenchy on Friday November 13, 2020 @09:02PM
(#25089668)
Or he’s trying to avoid the pitfalls of western liberal democracies. You may not agree with the means, but saying that the Chinese market is slowly failing is a pretty grand claim to provide no evidence for.
Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub...
by stjohnswarts on Sunday November 15, 2020 @10:45PM
(#25107725)
Didn't he basically make himself dictator for life last year by removing any term limits for him "as long as the party voted him in". If you oppose him now there's a good chance you're kicked out of the party, and that's the least of the punishments.