China and the Anbang

Look at the segment in this report on China and the Anbang takeover. Very interesting, but it is really that bad?

My comments:
1) Things that look bad from the perspective of western economic orthodoxy are not necessarily as bad in a China economic template;
2) Be watchful of wishful thinking about China trouble ahead, I have seen so many negative predictions that never really happened;
3) Many times CCP control is wiser than entrepreneurs’ megalomania

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