letting a somewhat private company fail may end up making the central authoritie... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		chasd00 on Sept 23, 2021 \| parent \| context \| favorite \| on: What Does Evergrande Meltdown Mean for China? letting a somewhat private company fail may end up making the central authorities look good. They can then start the "look what capitalism did to you, we're in charge of your life now." propaganda machine.

jiinga on Sept 23, 2021 [–]

Please. The CCP runs all these companies already.

FooBarWidget on Sept 24, 2021 | [–]

That's not how China works. Maybe you're thinking about the Soviet model, but China hasn't followed that for 40 years now.

I'm Chinese.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact