Getting to the underlying issue.

China is not a role model.

Does this deserve any applause?

China appears to be moving further left on the industrial policy spectrum.

It seems President Xi is going to impose class-warfare tax increases.

China is backsliding toward more state control.

Dumbfoundingly misguided.

Let’s try and set the pandemic aside and focus on policy for a moment.

China is paying a price for excessive government.

Intervention usually helps government rather than people.