Re: Changes in the Chinese economy

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okiedo

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Re: Changes in the Chinese economy

in response to

Re: Changes in the Chinese economy

okiedo

posted on Oct 24, 2022 01:17PM

"And the Hits just keep on coming!" in regards to "News" about the Chinese Economy. Wow!!

Looks like Xi Jinping is snapping back the capitalists in China with the reality of Socialism philosophy in action:

Chinese Markets Tumble as Newly-Crowned Xi Takes Aim at Wealthy (msn.com)

All that new "Middle Class" and "Upper Middle Class" Chinese created in a booming Chinese economy since the year 2000 must now wake up to the new script of "regulating the mechanism of wealth accumulation" that President Xi Jinping is telling them has been written on the wall. Wouldn't that tickle your posterior if you were a newly rich Chinese right now, eh?

And the beat goes on... and on... and on. As per Chester A. Riley: "What a revoltin' devevelopment THIS is!!" At least if you are the one whose wealth is being regulated.