China is showing the world how it's done. Check out how many nuclear reactors they have built in the last 10 years. Turns out having a government that plans long term and actually delivers what they said they would makes a huge difference.
Central planning in China is leading to many terrible problems from a collapsed real estate market to a debt that’s 300% of GDP and accelerating. Yes, they often deliver with focus and determination but this can work sideways too.
FWIW, we have a similar problem in Canada where the federal government makes large investments and plans that backfire terribly.
That's a good argument. Centrally planned economy is not something I would support. Lots of negative examples from history. However, if the government is doing something (which all governments do, even in capitalist countries), then it would be nice if they were as efficient and reliable as the Chinese one.
China glazing is strange. I think they are a cool country but they would have killed to be in the forefront in the AI race. There’s something obviously right that America is doing.
An amusing comment. Thanks. On a website, where every mention of China must be annotated with a disclaimer about how brutal and authoritarian they are, a comment that just states an opinion without it sure looks like "glazing". Let me know if it's safe to talk truthfully about George Floyd yet, free-man.
