China keeps taxes low by investing directly in businesses instead of shelling out grants and tax breaks. It’s been incredibly effective.

If all my data is for sale and China can just buy all my data from Meta, Amazon, Google, etc. Then why not just skip the middleman? At least if I give my data directly to the CCP, Zuckerberg won’t have access to it.

I just learned from red note that Chinese people don’t pay property taxes. Once they pay off their mortgage, they just own their home. I’m definitely the one living in a third world country.