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A comment on Xi Jinping personally halted Ant's IPO after Jack Ma snubbed government leaders. Parent comment
China has a huge population and is destined to have a huge economy, however they are still playing catch up with the west.
GDP/capita US: 65k usd
GDP/capita Russia: 11.2k usd
GDP/capita China: 9.7k usd
It remains to be seen to what extent China will be able to restrain it's party cadre from sabotaging growth in the next decade
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China has a huge population and is destined to have a huge economy, however they are still playing catch up with the west.
GDP/capita US: 65k usd
GDP/capita Russia: 11.2k usd
GDP/capita China: 9.7k usd
It remains to be seen to what extent China will be able to restrain it's party cadre from sabotaging growth in the next decade