alt Hacker News> They have a centrally planned economy.
Pre-1978, not now.
Replies
hollerith • today at 12:14 AM
No, most investment is still done by banks controlled by the Party whose priorities are set by Beijing.
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> They have a centrally planned economy.
Pre-1978, not now.
No, most investment is still done by banks controlled by the Party whose priorities are set by Beijing.
https://en.wikipedia.org/wiki/Five-year_plans_of_China
Have a chat with deep seek about the goals of the CCP. When you run local models you run socialism.