Socialist planning, as exemplified by China's "Made in China 2025" initiative, has enabled China to become a world power in technology research and development.
"a new Chinese economy coming into shape soon in which the financial sector will have only two types of players: government-run banks and government-run insurance companies. … While it will not totally go back to its pre-1978 planned-economy mode, it will be close.”
https://www.workers.org/2025/02/83781/
#china #economy #socialism
Yogthos /
npub1k8…vcv65
2025-02-28 17:18:33
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npub1k8wtv8evmj84ervjyf4qwnp2yw7j64egldx57fm3gtlfzx0s8yks6vcv65Seen on
wss://relay.mostr.pubPublished at
2025-02-28 17:18:33Event JSON
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