Comments by "KK C" (@k.k.c8670) on "Intelligence Squared"
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@petersinclair3997 the Gini coefficient you mentioned is by design. Back in the late 70s after after decades of failed Mao's economic policies and his eventual death with the country starving and on the brink of collapse, Deng Xiaoping took a trip to a few Asian countries where the Chinese diaspora was in essence running their countries economically. He was especially captivated by what he saw and heard in Singapore which even to this day shares many similarities with the Chinese system. 1 party system, State owned enterprises dominating the business landscape, strong civil service, superb urban planning and infrastructure, strict control of the media, lots of surveillance, zero tolerance for many crimes etc etc. He decided China should follow the path of tentatively opening up and letting some people get rich first who'd then carry the rest in due time. Hence, the establishment of several Special Economic Zones that powered China for the following 20 years. You are still seeing this unfolding 40 years on and people are getting on with betters lives at all socio economic levels. As for your jabs at Xi and Putin, I won't add anything since they just destroyed an interesting topic.. Besides the fact, I believe, that you read it from a couple western media reporters and you do not actually have any evidence per se
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