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At the same time, no other economy can go "you know what? We're going to take a couple steps back towards feudalism" to solve their problems. People will starve, exports will crash, dissidents will be executed and thousands will die in coal mines but that's kind of how China rolls.
I wonder if this might be changing, however. A lot of very wealthy Chinese are now traveling about the world, and have been for the last several years. Their expectations have changed. Also, there are a lot of entrepreneurs that are now symbols of national pride. If government starts to rain on this parade, this time, the CCP might look like the a jealous and ineffective player that is holding China back. Personally, I doubt the CCP will survive the coming downturn.