That would be the possibility of concerning market distortions I mentioned earlier.
Well, that’s the thing: what you see as “concerning market distortions,” China sees as prudent planning and oversight of the economy. Which one of you is right? I suppose time will tell, but I think the real point is that if you try to analyze the Chinese economy as you would a free market, it’s always going to look kind of confusing or odd, because it isn’t a free market economy.
Well, that’s the thing: what you see as “concerning market distortions,” China sees as prudent planning and oversight of the economy. Which one of you is right? I suppose time will tell, but I think the real point is that if you try to analyze the Chinese economy as you would a free market, it’s always going to look kind of confusing or odd, because it isn’t a free market economy.