I don’t understand why you support reform and opening up. In my opinion, reform and opening up is a sign of China’s transition from socialism to capitalism.
I don’t understand why you support reform and opening up. In my opinion, reform and opening up is a sign of China’s transition from socialism to capitalism.
Most Chinese capital is still socialized. Some privatization did indeed happen (which helped China attract foreign capital and maintain diplomatic relations), but that trend has since reversed.
Markets are there to attract goods and imports as well, which China still needs, and the CEOs and CIOs are essentially middle-men
Without it, you get the lower industrialization of the earlier times, which wasn't good, and haphazard too.