this post was submitted on 20 Jul 2024
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chapotraphouse
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Kinda off topic but this made me realize why and how China has billionaires but doesn't allow them to become a class. Was reading a paper on them the other day and I read something like that.
I think it's more accurate to think of Chinese billionaires as a class, just not one allowed to control the state.
Also from a lot of their attitudes it seems like they are completely loyal to the Party. It's pretty impressive honestly