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> China financializes everything, and pumps capital into projects at rates unseen and unmatched in the history of the world.

Evidence please?

I have long been suspicious of China's financial strategy, and had not found satisfactory sources on this topic.

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https://www.tandfonline.com/doi/full/10.1080/03085147.2020.1...

Nah, the title itself is too propagandist. What the hell is "authoritarian capitalism"?! Corporations are all authoritarian, to facilitate individual control of large resources owned by the corporation. Capitalism is just a nice term to coat the brutal underlying profit seeking gangster. Corolally, there is no such idea of liberal capitalism.

""" Such processes of capital market development are often described as important characteristics of financialization processes. And while not yet on par with highly financialized economies such as the United States """

So this means China's financialization is unmatched? Yet the statement suggest US financialization is superior to China?

What do you want to express with this citation?

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