What I don't like about the PRC is that it didn't make into law that there can't be billionaires. Whatever you think of China, whether it's socialist, or state-capitalist, or capitalist in economy with socialist social relations run by a communist party, the fact that there are billionaires, even when they are kept in check by the government and do not control the state apparatus, I think it would have been an amazing precedent to say that billionaires should not exist. Every penny above 1 999.999.999 yen or dollar or euro (already a ridiculous amount but ok) should flow back to the people. It undermines the socialist project that I want to believe China is still building.
I know this has nothing to do with the article. I just wanted to say this.