ChinaTalk Tech Crackdown, Common Prosperity, and The Dao of ChinaTalk
9 snips
Sep 8, 2021 Delve into China's shifting landscape with discussions on recent education and tech policies that spark government control and affect the middle class. Explore the wealth gap evolution since Mao's era and the Communist Party's balancing act. Unpack the tensions brewing between China and Australia, influenced by political spats and trade sanctions. Discover the transformative journey of launching a podcast, emphasizing the need for responsible analysis to foster informed global discussions about China's complexities.
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China's Economic Shift
- The Chinese government aims to control private sector influence and address public frustrations.
- They want to shift the economy towards science and hard tech, addressing middle-class concerns and reorienting talent.
Common Prosperity Risks
- The CCP aims to balance economic growth with social equality, addressing wealth disparity concerns.
- They risk overshooting by hindering the private sector's efficiency in capital allocation.
Land Reform Analogy
- During land reform, people with minor advantages, like owning a cow instead of chickens, faced severe consequences.
- This highlights the potential for overzealous implementation of CCP policies, like common prosperity.
