[Tell It Right]

This counterproductive and “disorderly competition” is causing destructive price wars, particularly in the massive auto industry. While Beijing is attempting to use dictatorial measures, such as price controls,

The Chinese are stupid. They could raise car prices by having unions build them. LOL

[marktwain]

It is difficult to central plan a free market system.

This is the basic problem for China.

One of the most important elements of a free market system is the ability to fail.

China has a very hard time allowing stated sponsored businesses to fail...