I read the entire article and Jack Ma of Alibaba fame was not even mentioned. He’s disappeared totally from any news.
Actually, technically closer to ‘Fascist’. Single party political control and a capitalist economy (at least going by *one* of Benito Mussolini’s definitions).
Obviously, Beijing is gaining a ton of wealth. Much of it is coming right out of our pockets. New York on the other hand, is litterally chasing big money out of the city and the state. No surprise they have been surpassed. Between taxes and crime, who wants to stay?
Yes, but they want to fight a bloody war to take over Taiwan because their grandpas are still mad.
but Billionaires Than New York can’t have all their money taken and then get shot or jailed , Oh wait maybe now that can happen
Possibly ‘cuz billionaires don’t live in NYC anymore, thanks to high taxes and uncertain conditions.
I’ll bet the billionaires in NY are “socialists” too.
Communism is great for the Nomenklatura.