205
Majority of Australians think China will be world’s most powerful country by 2035, poll finds
(www.theguardian.com)
this post was submitted on 16 Jun 2025
205 points (95.6% liked)
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Amazing to see people in 2025 who still believe in this nonsense.
Planned economics is precisely the reason why China has grown faster than India and become so dominant. Because they can control their economy for long-term human needs instead of putting everything into finance like the west.
Anyone who still thinks Xi is a dictator despite the very strong collective and decentralised governance of China doesn't know enough about the country to pass an elementary school civics test.
The whole reason the property market bubble happened was because the Chinese government is way too decentralised. Local governments bet all in on property values as a way to boost tax revenue (land taxes are their main source of income). The central government should have stepped in way sooner, but that would have required centralising the Chinese tax base significantly, a tough thing to do because it would also require centralising public services. Not only would that require buy in from the vast number of local representatives and the national people's congress, but it would have also interfered with the poverty alleviation campaign.
Pure neoliberal cope. I hope you are enjoying your deindustrialised austerity economy.
This is hilarious coming from westerners who have naught an original thought, only memes.