The Chinese state is apparently socialist because it refuses a bailout of the private firm Evergrande.https://www.wsj.com/articles/xi-jinping-aims-to-rein-in-chinese-capitalism-hew-to-maos-socialist-vision-11632150725?mod=e2twe …
-
-
Of course, I'm just amused at that part of the article. 'Roiling global markets' by not bailing out a private entity is socialism.
-
On further review, I award the amusing point and give myself a five-tweet penalty for humorlessness. More generally, a lot of the recent rhetoric about the struggle between China's government and private business there seems to be coming from an alternate dimension.
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.