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ada0000 | 1 month ago

Tax breaks, operations of state owned industry, other incentives etc are guided by five year plans implemented by a party bureaucracy.

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dmurray|1 month ago

"You can't do X" is a much different experience from "you can do X, but you need to spend a year and thousands of man-hours of paperwork applying for permission to do it".

In China, if the five-year plan prioritizes something, businesses will be up and running in months. In France, if the French parliament enacts a law prioritizing something, businesses still have to fight individual departments or local governments that have their own ideas about how they should regulate it.

Don't confuse bureaucracy for authoritarianism.

stefanfisk|1 month ago

How is any of that a bureaucratic burden for domestic private companies in China?