>“It's deeply embarrassing that the US must suffer poltical rule of its economy along with the double embarrassment of seeing other nations do it so much more effectively.”
The Chinese Communist Party exerts far, far more control over all sectors of their economy than US politicians do over the US economy.
China hsa an actual strategy, not just an attempt for politicians to pay lip service and win a few rust belt states.
Also, China had a policy for years of dramatically suppressing its economy, so of course a few small changes result in massive growth (once some of the suppression was removed).
The Chinese Communist Party exerts far, far more control over all sectors of their economy than US politicians do over the US economy.
https://www.cbsnews.com/news/xi-jinping-china-capitalism-60-...