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| SiliconWizard:
The comparison between China and at least the Soviet Union ("Russia" has become pretty different from this past time now) is rather relevant. And one thing they have in common is the communist party carefully planning strategy. Planned economy always ends up holding back innovation for reasons that are now well known and studied. While the way China currently plans its economy is not quite the same as what Soviet Union was doing, both are still communist approaches in essence, and I do think China *is* going to hit a brickwall sooner or later. But I do agree that they're way better off than what most of us westerners tend to believe. |
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