Is Xi Prepping A New Crackdown On Chinese Mega-Tech?
The regulatory headwinds are picking up again in China. Not that they ever dissipated.
In the 15 months since the onset of Beijing's sweeping anti-monopoly crackdown, analysts have sounded the "all clear" on too many occasions to count. They've been wrong each time. Market participants accustomed to the deification of capital and Western notions about the many virtues of wealth accumulation simply can't wrap their minds around Xi's "common prosperity" push -- or at least not when it manifests i
Capitalism is good.
“ good is often enemy of best“ ~anonymous
Papa Xi thinks he knows best. Time tells all.
H-Man, I find solace that the bulk of comments to your posts are grounded in logic rather than raging and incoherent babble. Keep up the good work.