This is an extremely good summary of the recent Chinese policies. Honestly, without any of the usual fearmongering bullshit of NYT and WaPo.

  • Teekeeus [comrade/them]
    ·
    edit-2
    3 years ago

    Beneficiaries: stretched workers. Losers: tech billionaires

    Interests of venture capital, private equity or stock investors conflict with long-term development plan.

    Investors lamented. Parents welcomed.

    The downside for investors is that a bigger slice of the pie for workers like Mr. Tang has to come at the expense of the owners of capital.

    Etc etc

    Lol do they realize what they're saying