> their success is an outcome of a brutal competition in the past, orchestrated by the CCP. [...] this company (and other companies, which might've died already) were definitely recipients of state support in the early days.

So, like VCs do in the US.

Look, I'm not a fan of state capitalism, but you have to admit, it's way more targeted/effective than classic capitalism or corporate capitalism. I wish that countries that do not have the US money do the same.