• PugJesus@piefed.socialOP
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    2 days ago

    Yes, but legitimately, conditions have improved since the 1990s.

    The issue is that they only improved after Deng’s reforms which were capitalism with a coat of red paint, which… calls into question the exact ‘socialist’ nature of the success.

    • HobbitFoot @thelemmy.club
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      2 days ago

      And part of the issue with trader right now is that Chinese consumption is well below other countries, in part due to poor retirement benefits.