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Frostie-Flake
Lei's Real Talk
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Comments by "Frostie-Flake" (@PlanetFrosty) on "Is China relying on SOEs to tackle the real estate bubble and local government debt?" video.
SOEs have been the bane of Chinese poor performance in many areas. With poor resource allocation and vast corruption the choking grim of the CCP will drive any remaining external investment away and possibility of survival in China.
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Lei, it seems like Xi Jinping has little understand the failure of SOEs in China and the Soviet Union. They were the financial albatross’ which destroyed USSR and now will China.
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