Chinese billionaire & venture capitalist Eric Li explains why China🇨🇳 is winning the competition against the US🇺🇸: ‘In America, you can change the party but you can’t change the policies. In China🇨🇳, you cannot change the party, but you can change the policies.’ ‘China is a vibrant market economy... but it is not a capitalist economy. There’s no way a group of billionaires could control the politburo, as billionaires control US policymaking. So in China, you have a vibrant market economy, but capital does not rise above political authority.’show more

That's how it should be if only the West was capable to learn. If you think you are already the greatest, the best you never listen to better Ideas.

It really isn't "changing parties" in America

@dana916 The difference between China and the United States: in China, Xi controls the Oligarchs, (Russia too) in the U.S. the Oligarchs control Trump. The former works better.

Yes. Deng on markets: “If they serve socialism they are socialist; if they serve capitalism, they’re capitalist.” Capital below or above government. Princeton & Northwestern scholars: Citizens have “little or no independent influence” on policy. In China? Channels allow change.

That's true they actually execute people who embezzle or engage in money laundering

You know who also loves China? The WEF and Wall Street. They have sunce at least the 70s. Larry Fink, Bill Gates, Elon Musk, Ray Dalio... the list goes on and on. "China is the new model"

Eric Li is actually correct since he himself is a white glove working for the politibro. Chinese politicians are vested in the country's economic operations, That is why China is more responsive to the market than the West, including the US.

Crony politics/business the undoing of the "west". As well as likely compromised election system. The fix?? That's a big one

😂😂😂 You must be a retarded to believe this Chinx 🇨🇳💀

It's a nice sound bite, but not true. You CAN change the policies in America. The process is slow and difficult by design. The point is that you don't want the government changing policies every 5 minutes, you want it to require building large consensus. Our problem is MONEY in politics corrupting the process. That is a real conundrum.

All correct, good points.

"Chinese Socialism is not Capitalism & you can change the policie"…🤣 BUT a state-led economy, a bureaucratic capitalist, a party-state system👉CCP dictatorship… "Power tends to corrupt, and absolute power corrupts absolutely"

🎯🎯🎯 Eric Li is an amazing guy! I always enjoy how he destroys America's myth of exceptionalism.

I am sure the Politboro can be corrupted just as easy as Congress.

Very right and deep analysis👌

Eric Li is Spot On 🎯

@Bobduff1 See China gets it

@EKKoh3 美国的溃烂，源于权力被资本掌控，能出现这个漏洞，就是因为体制有漏洞。

China has a hybrid system, made by USA. They are Israel's top 2 trading partners.

美国两党轮流上台，却都要绑定华尔街、军工、能源财团的利益，选举捐款、游说制度锁死政策走向，换总统也改不了服务资本的底层逻辑。 中国坚持社会主义市场经济，市场活力充分释放，但资本永远置于公共治理框架之下，富豪财团无法左右顶层政策。遇到发展难题能灵活调整产业、民生、科技政策，长期规划连贯、改革落地高效，这正是中国能持续超越的核心优势。

.@solassefa one example

+ China hast around 300 mil. Poor Migrant workers which can be exploited by the KPCh....

这不是李开复，这是李世默

Googled it: "Is he a billionaire?" No, Eric Xun Li (the venture capitalist) is not a billionaire, but the identity confusion is common because major financial publications frequently profile a completely different Chinese tycoon named Eric Li who is a multi-billionaire.

as long as he runs party line, there are no policies, there are no rules but one, generate USD. everything else is bullshit.

西方现在需要一个君王以及世袭制来帮助他们取得进步，最好是英国可以复辟

So now communists and the Chinese care what a billionaire has to say.

Parasitic billionaires in China, like parasitic billionaires in the USA, accumulated their immense wealth by exploiting domestic and foreign labor and ruthlessly assaulting the natural world which supports all life.

The ultimate dream of all capital is to pursue monopoly rather than free competition, because only in this way can capital maximize its profits. The CCP is the most severe father of capital,it prohibits monopoly in order to ensure the free competition mechanism of the market

in america you change the parties but you end up with the same jewish tribe policies...

@GeorgievSony He is Li ShiMo.

One hoards money and strangle market competition (in violation of it’s own antitrust laws). The other is just the opposite. Their definition of capitalism is Oligarchy with very few exceptions.