• yunah-knowles@lemmygrad.ml
    13·
    2 days ago

    The United States wanted something, too: for China to get on board with a U.S.-led, liberal-democratic order and move away from its communist model. But that’s not quite what happened.

    waow based based based

          • yunah-knowles@lemmygrad.ml
            12·
            2 days ago

            The WTO rules were not written with China, or its unique economic-political structure, in mind. China has elements of a capitalist system, but is still run by a communist government. There are many influential government-owned companies (China’s oil and gas giant, Sinopec, took in more money in 2019 than any other company in the world, other than Walmart), and even private companies are heavily subjected to government influence. According to the China Daily (itself owned by the CCP), nearly 70 percent of the almost two million private companies in China had internal CCP groups in 2017.

            i love when neolib school that hates me gives me bourgeois class conscious bangers that make me so happy