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I find it interesting that with a billion consumers in their own country they seem to need the rest of the world to buy their stuff.
It's easy to think that if they were a democracy and allowed genuine entrepreneurship to have a chance without the weight of State regulation, then the average Chinese citizen would be heaps better off than they are now.
I can't be proved of course, but I tend to think they have gone too far regulation wise and have kept a lot of people in poverty for the sake of cheap goods to the western world.
So maybe they have failed in that sense.
It's easy to think that if they were a democracy and allowed genuine entrepreneurship to have a chance without the weight of State regulation, then the average Chinese citizen would be heaps better off than they are now.
I can't be proved of course, but I tend to think they have gone too far regulation wise and have kept a lot of people in poverty for the sake of cheap goods to the western world.
So maybe they have failed in that sense.