There's no miracle. It's merely the communist party stopping 40 years of criminal abuse of its own citizens, and deciding to rent them out for pennies to the foreign corporations, and making billions in the progress (then allowing its members to escape China with the money).
The miracle actually is that Communist party, with its massive debt, crashing economic policies, authoritarian policies, censorship, human rights abuse, trashing of its environment/food supplies/water supplies, is still standing.
you seem to be wanting to argue about something which I did not even bring up. internet is not a place you start arguing with yourself.
> it's not more restricted than in the west
Yeah....you keep telling yourself that. I don't think you've actually been to China where foreigners struggles to hit youtube/facebook/google using a variety of VPN tools every day
I think I'll stop...there's too much cognitive dissonance here
They've been saying that since the Chinese economy opened up in the 80s, really opened up in the 90s, really really opened up in the 2000s. so far, nothing in 35 years. Japan had so much innovations in way less time. meanwhile China's economy is crashing down, and no more free FDI to fuel any further progress
"China’s sprawling Internet censorship regime is harming the country’s economic and scientific progress, a senior official has said in a rare public rebuke of long-standing Chinese Communist Party (CCP) policy."
So they're creating alot of startups that probably are just copycats of what's existing. Not surprising considering China really isn't known for innovations.
China won't be able to afford this; China's pretty broke already in 2016. It's approaching 300% debt ratio in combined corporate + government + individual. Its gross reserve is down to 3T (IMF believes China needs at least 2.5T to operate). Its net reserve (gross - debt) is down to 1.7T. It had a capital outflow of 1T again in 2016. Yuan fell the most in 2016, since 1994. Next year, Japan/US/EU is going to impose import tariff on China, and further crash China's economy.
There's no miracle. It's merely the communist party stopping 40 years of criminal abuse of its own citizens, and deciding to rent them out for pennies to the foreign corporations, and making billions in the progress (then allowing its members to escape China with the money).
The miracle actually is that Communist party, with its massive debt, crashing economic policies, authoritarian policies, censorship, human rights abuse, trashing of its environment/food supplies/water supplies, is still standing.