Private entrepreneurialism fueling China’s economic rise has come to a full stop there.

That’s wild, number of companies founded in China each year. Private entrepreneurialism fueling China’s economic rise has come to a full stop there. Time will tell what will be the consequences of a pivot to a state run economy again. pic.twitter.com/w3SvCFwk1p

— Michael A. Arouet (@MichaelAArouet) August 6, 2025