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IPFS News Link • China

China's Marxist "Profound Revolution" Is Here, And Nobody In The West Is Ready?

09-10-2021 • arclein

In terms of tech, there are now sharp limits on IPOs in the US (mirrored from the US side) and new algo/pricing and data regulations that require Beijing to hold on to it; the private tuition field was made non-profit; there has been a sharp reduction in credit to property developers along with the official message that "houses are for living in, not speculation", and rental increase caps of 5% annually; under-18s have been limited to just 3 hours of computer gaming a week, in allotted slots; and private equity has been cut off from residential investment.

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Reported By robert klein

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