The real boost is SOEs. Competition is good, it just needs a single large-scale player more concerned about the public good than private profits to push the industry in the right direction. There’s a reason SWCC works so well while the Soviet system failed. Deng Xiaoping was a genius.
The real boost is SOEs. Competition is good, it just needs a single large-scale player more concerned about the public good than private profits to push the industry in the right direction. There’s a reason SWCC works so well while the Soviet system failed. Deng Xiaoping was a genius.