this post was submitted on 13 Sep 2024
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I would like to see that as well, but I think it'll be decades before private investment is decreased or phased out. I think it still has a part to play, and I have a bad feeling about bad consequences if it's phased out "too early" but ultimately I trust that the CPC know what it's doing.
I agree, it's going to be a long process. However, some tangible progress is being made already as a result of post-Covid policies
https://www.piie.com/research/piie-charts/2024/chinas-private-sector-has-lost-ground-state-sector-has-gained-share-among