China

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GrainEater@lemmygrad.ml

China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt (www.scmp.com)

submitted 7 months ago by yogthos@lemmy.ml to c/china@lemmygrad.ml

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[–] DamarcusArt@lemmygrad.ml 10 points 7 months ago (1 children)

Yeah, it was completely ignorant, willfully or otherwise, of the role imperialism played in America's dominance. It's very strange to see Chinese nationals fall for this "just follow the west's instructions exactly and you'll be rich like us" bullshit the west peddles. No idea how anyone could fall for it at this point. Though I guess they are wealthy bankers, so they would prefer a western model, that way they keep their wealth.

[–] PolandIsAStateOfMind@lemmygrad.ml 11 points 7 months ago

It’s very strange to see Chinese nationals fall for this “just follow the west’s instructions exactly and you’ll be rich like us” bullshit the west peddles.

Chen Zhiwu, a chair professor of finance at the University of Hong Kong

Dude's 100% entrenched relic of colonial academia.