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Helixworks Technologies • 13d
China is tricky to categorise under the authors inclusive/extractive framework. The CCP is undeniably centralised. Yet, highly adaptive to macroeconomic trends - prioritising economic incentives, infrastructure, and innovation. Unlike classic extractive regimes (North Korea, colonial-era economies), China has actively invested in human capital, entrepreneurship, global trade and in growing other countries. This is a benevolent dictatorship with Key-Man Dependency at play - but such systems can brittle over time.
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