Re:What Does Evergrande Meltdown Mean for China?
by chasd00 on Thursday September 23, 2021 @11:57AM
(#28630997)
letting a somewhat private company fail may end up making the central authorities look good. They can then start the "look what capitalism did to you, we're in charge of your life now." propaganda machine.
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Re:What Does Evergrande Meltdown Mean for China?
by jiinga on Thursday September 23, 2021 @01:49PM
(#28632590)
Please. The CCP runs all these companies already.
Re:What Does Evergrande Meltdown Mean for China?
by FooBarWidget on Friday September 24, 2021 @12:01AM
(#28638477)
That's not how China works. Maybe you're thinking about the Soviet model, but China hasn't followed that for 40 years now.
I'm Chinese.