Post #2346896

It’s a calculated risk which so far China seems to have managed okay. [Previously](https://lemmy.ml/comment/18239670): >[China Has Billionaires](https://redsails.org/china-has-billionaires/), but they are not oligarchs. They have very little political power. Just look at the number of [rich people](https://www.forbes.com/sites/walterpavlo/2012/04/12/financial-frauds-lead-to-death-row-in-china/) who’ve received the [death sentence with reprieve](https://en.wikipedia.org/wiki/Death_sentence_with_reprieve), or [the property developers who were left to flail and go bankrupt](https://lemmy.ml/comment/15695178), or [the sorry state of Jack Ma when he tried to exercise political influence](https://www.bbc.com/news/technology-56448688).