The recent crackdown on China’s Big Tech has attracted significant international attention. In November 2020, Jack Ma, the founder of China’s prominent Alibaba Group, including its subsidiary the financial technology giant Ant Group, sharply criticized China’s banking regulation at a conference in Shanghai before Ant’s IPO. In his words, the “pawnshop mentality” of Chinese banking […]
Tag: Chinese development
Homo Hominibus Tigris: Xi Jinping and the Rise of the Good Dictator
To the countries of the Western world, where the ancient Greek traditions of democratic governance have institutionalized over centuries, China is a peculiar, if not an intimidating, case against the conventional truth that democracy is good for humanity. American exceptionalism tells us that democracy is essential for economic growth, for the establishment of a just […]