China is better at free market capitalism. While in US markets quickly gravitate... | Hacker News

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		blackoil 10 months ago \| parent \| context \| favorite \| on: It's not just AI. China's medicines are surprising... China is better at free market capitalism. While in US markets quickly gravitate towards monopoly or duopoly, China has multiple companies in each sector.

dartos 10 months ago [–]

> China is better at free market capitalism

Aren’t they not a free market?

That’s partly why

> China has multiple companies in each sector.

Free markets lead to monopolies when unchecked… like in the us.

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