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Andrew Batson — China in the 2020s is not France in the 1960s

Summary:
What Andrew Batson apparently overlooks is that unlike Europe in the 1960's under democratic socialism, the Chinese government controls the "commanding heights" of the Chinese economy. According to Lenin, this is a defining characteristic of socialism. Interesting otherwise.Andrew Batson's BlogChina in the 2020s is not France in the 1960sAndrew

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What Andrew Batson apparently overlooks is that unlike Europe in the 1960's under democratic socialism, the Chinese government controls the "commanding heights" of the Chinese economy. According to Lenin, this is a defining characteristic of socialism. Interesting otherwise.

Andrew Batson's Blog
China in the 2020s is not France in the 1960s

Andrew
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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