this post was submitted on 26 May 2024
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I don’t understand why you support reform and opening up. In my opinion, reform and opening up is a sign of China’s transition from socialism to capitalism.

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[–] [email protected] 15 points 3 months ago* (last edited 3 months ago)

Markets are there to attract goods and imports as well, which China still needs, and the CEOs and CIOs are essentially middle-men

Without it, you get the lower industrialization of the earlier times, which wasn't good, and haphazard too.