A very thoughtful and insightf

2021-07-28

A very thoughtful and insightful article talking about finding the Third Way for China, between pure Socialism and Capitalism. Author argues that in the first stage of China's development, capitalism has enlarged the pie for everyone. But in the next stage, China has to find a way to distribute the fruits of economic growth more evenly. Government should start by re-assessing the role of capitalism in the 3 pivotal sectors: education, medical care and housing. Actually, I believe they might have to move closer to the Singapore model where the public sector retains a huge role in these 3 segments, satisfying the needs of the majority of the people without surrendering it to a pure capitalist model.

https://finance.sina.cn/zl/2021-07-27/zl-ikqcfnca9244156.d.html?from=wap

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Comments

koolgal
2021-07-29
koolgal
So do you think the government will be targeting medical care and housing next? If so what can we do to minimise our risks?
- WinnerSG:
  They already have. Best way to minimise risk is to avoid for now until the stock pri es stabilise and consolidate for a while and are ready to go up.
- koolgalReplyWinnerSG:
  Thanks for the timely advice. Really appreciate it. ?
WinnerSG
2021-08-04
WinnerSG
[微笑]

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Actually, I believe they might have to move closer to the Singapore model where the public sector retains a huge role in these 3 segments, satisfying the needs of the majority of the people without surrendering it to a pure capitalist model.&nbsp;https://finance.sina.cn/zl/2021-07-27/zl-ikqcfnca9244156.d.html?from=wap</body></html>","text":"A very thoughtful and insightful article talking about finding the Third Way for China, between pure Socialism and Capitalism. Author argues that in the first stage of China's development, capitalism has enlarged the pie for everyone. But in the next stage, China has to find a way to distribute the fruits of economic growth more evenly. Government should start by re-assessing the role of capitalism in the 3 pivotal sectors: education, medical care and housing. Actually, I believe they might have to move closer to the Singapore model where the public sector retains a huge role in these 3 segments, satisfying the needs of the majority of the people without surrendering it to a pure capitalist model. https://finance.sina.cn/zl/2021-07-27/zl-ikqcfnca9244156.d.html?from=wap","highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/803850789","repostId":0,"isVote":1,"tweetType":1,"viewCount":401,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CAAS"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":662,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5361454,"commentId":"5361454","gmtCreate":1627507414160,"gmtModify":1663231637649,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"currentWearingBadge":{"badgeId":"c4ee29b388ff41cc8462b3b7ea00d1e2-1","templateUuid":"c4ee29b388ff41cc8462b3b7ea00d1e2","name":"Monthly Top Contributor","description":"Top 3 Contributors with the most and best Editor's Picks every month","bigImgUrl":"https://static.tigerbbs.com/b0cad6192443c33dca826a001250fbd4","smallImgUrl":"https://static.tigerbbs.com/5ccd98c646815ce7610b0df338e060cc","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.02","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2003},"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.26","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":803850789,"objectIdStr":"803850789","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"So do you think the government will be targeting medical care and housing next?&nbsp; 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