I don’t understand why you support reform and opening up. In my opinion, reform and opening up is a sign of China’s transition from socialism to capitalism.

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21 points

Most Chinese capital is still socialized. Some privatization did indeed happen (which helped China attract foreign capital and maintain diplomatic relations), but that trend has since reversed.

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15 points
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Markets are there to attract goods and imports as well, which China still needs, and the CEOs and CIOs are essentially middle-men

Without it, you get the lower industrialization of the earlier times, which wasn’t good, and haphazard too.

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And I hope China does the long-overdue crackdowns on their private sector.

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