Norobiik on Nostr: #China’s once-thriving economy, which encouraged aspiration, is now sluggish. ...
#China’s once-thriving economy, which encouraged aspiration, is now sluggish. #XiJinping has become wary of #PersonalWealth and the challenges of widening #Inequality.
Crackdowns on #billionaires and #businesses, from #RealEstate to #Technology to #Finance, have been accompanied by socialist-style messaging on enduring hardship and striving for China’s prosperity.
How China’s crackdown turned finance high-flyers into ‘rats’
https://www.bbc.com/news/articles/crl8xee75wgo
Crackdowns on #billionaires and #businesses, from #RealEstate to #Technology to #Finance, have been accompanied by socialist-style messaging on enduring hardship and striving for China’s prosperity.
How China’s crackdown turned finance high-flyers into ‘rats’
https://www.bbc.com/news/articles/crl8xee75wgo