• Buffalox@lemmy.world
    link
    fedilink
    English
    arrow-up
    11
    ·
    10 months ago

    enforced price controls was an absolutely awful response.

    I had no idea they did that. There were warnings for a long time, but I had doubts, because China had freaking 40 years of strong growth. So I guess I kind of believed the Chinese government could perform economic miracles.

    There are rumors that this economic crisis has created demands in China to democratize the economy, so I hope it may help create some political progress in China. Xi seriously needs to go, he is a very dangerous person, not unlike Putin IMO.