The CCP doesnt make mistakes. That is their main mistake.
China always had an arrogance about itself, for centuries. This always cost it big time. Like when they built the beautiful ships hundreds of years ago, one that were top heavy and could not sail on open waters.
They were pretty but the country needed cutters which others built. That is why they were not part of the global shipping success.
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They don't try to fix things until its too late.
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Interesting historical fact. I actually didn't know about that.
Leo Market Talk can educate us in many ways
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