China and the US are in different phases of the business cycle, and the focus of the capital market is therefore different.
But what about the role of government? I know the CPC adheres to Marxist principles not allowing financialization. How does the CPC discourage non productive VC investment?
But what about the role of government? I know the CPC adheres to Marxist principles not allowing financialization. How does the CPC discourage non productive VC investment?