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> Europe’s answer to China is always a committee, a regulation, a 5 year strategic plan and a press conference

> China’s answer to anything is ship it tomorrow and figure out the rest next week

Yes, god knows we'd never see the Chinese delivering 5 year strategic plans, and they're notably committee-averse.

A large part of China's success is they've been intentional about what they're doing - they've _had_ a strategy, whereas every time we consider that in the West, we're told that's a loser's bet and we need to just let the market do its thing.



It's not the 5-year plans that are driving China and most of the Chinese economy is untouched by the 5-year plans.




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