Going well beyond curbing tech giants, he wants the Communist party to steer flows of money and set tighter limits on profit making, his speeches show and officials say. More turbulence for foreign businesses is likely.

:xi-clap: China haters aren't going to be able to cope

Archive: https://archive.is/2021.09.20-203459/https://www.wsj.com/articles/xi-jinping-aims-to-rein-in-chinese-capitalism-hew-to-maos-socialist-vision-11632150725?mod=flipboard

  • bananon [he/him]
    ·
    3 years ago

    Sorry sweaty that’s called state capitalism and that makes Xi basically Hitler 💅