Literally every AES takes the approach China does. If they haven’t, it’s due to the effects of US sanctions, not some desire for ideological purity.
Cuba? Just implemented market reforms, and has had a tourism based economy for a while, to get those American dollars. Admires China’s approach.
Laos? Landlocked country doing its absolute best to become land linked with China’s help, so it can, presumably, marketise.
DPRK? Has been trying to pivot to a reform-and-opening-up approach recently, but sanctions make that harder. Thriving second economy.
Vietnam? If anything it’s gone harder on Doi Moi than China went on Reform and Opening Up. State banks have more private ownership, and real estate is huge. It also didn’t shut out US tech companies, so it doesn’t have as strong national champions.
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Literally every AES takes the approach China does. If they haven’t, it’s due to the effects of US sanctions, not some desire for ideological purity.
Cuba? Just implemented market reforms, and has had a tourism based economy for a while, to get those American dollars. Admires China’s approach.
Laos? Landlocked country doing its absolute best to become land linked with China’s help, so it can, presumably, marketise.
DPRK? Has been trying to pivot to a reform-and-opening-up approach recently, but sanctions make that harder. Thriving second economy.
Vietnam? If anything it’s gone harder on Doi Moi than China went on Reform and Opening Up. State banks have more private ownership, and real estate is huge. It also didn’t shut out US tech companies, so it doesn’t have as strong national champions.