this post was submitted on 07 Sep 2023
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Did Authoritarianism Cause China’s Economic Crisis? An erosion of trust between the government and its people now threatens the country’s decades-long boom. (archive.ph)
submitted 1 year ago by iLikeGoats@kbin.social to c/worldnews@kbin.social
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Link is to archived New Yorker article.

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[–] DeForrest_McCoy 2 points 1 year ago (1 children)

YES

[–] HubertManne@kbin.social 3 points 1 year ago

I mean the capital flight was so intense most first world folk saw it with property buy ups in their country. Its crazy that they will hold onto condos and such paying assesments and taxes and lowing money year to year but still consider it a better value store.