Its funny. The west keeps saying China is wrong for letting it's government fund all these things and that the private market should take care of it.
Yet we see with USAID there are so many things funded by the US government on taxpayer money. All those pro Ukraine news or anti China orgs? All government funded. And they have the nerve to lecture China. At least China doesn't hide it.
Btw the idea that the China government doesn't know how to do stuff the free market way is simply westoid ignorance. For example many government investment funds use a free market approach when deciding what startups or companies to fund. Why? Because funding dogcrap simply based on government connections rather than results (esp in stuff like semiconductors or ai chips) isn't gonna help the country is it? If anything it shows China is actually better at knowing what works in the free market as we have seen the US government fund tons of crap (probably due to Nepo babies) which never got anywhere and just wastes taxpayers money.
Yet we see with USAID there are so many things funded by the US government on taxpayer money. All those pro Ukraine news or anti China orgs? All government funded. And they have the nerve to lecture China. At least China doesn't hide it.
Btw the idea that the China government doesn't know how to do stuff the free market way is simply westoid ignorance. For example many government investment funds use a free market approach when deciding what startups or companies to fund. Why? Because funding dogcrap simply based on government connections rather than results (esp in stuff like semiconductors or ai chips) isn't gonna help the country is it? If anything it shows China is actually better at knowing what works in the free market as we have seen the US government fund tons of crap (probably due to Nepo babies) which never got anywhere and just wastes taxpayers money.
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