RE: The Macro Moment: China Going The Way Of The Soviet Union

Talking strictly economically, I don’t know nearly enough about China nor the USSR to say I understand what is going on, but from the little I know it seems that things started to get messy in the USSR because Leonid Brezhnev was a stagnant government and refused to adapt and reform where it was needed. Mikhail Gorbachev on the other hand tried to change too much too fast and ended up accelerating the downfall of the union.

So as far as I can see, and understand, China is still not similar to the USSR. They seem to be doing radical reforms (like you said, I too am not judging if good or bad reforms) but not fast, at least not compared to Gorbachev. So China can still keep growing if they keep adapting at a regular pace, the pace is important because, as professional bureaucrats and technocrats, theoretically they could undo policies and changes that end up being bad for them while keeping the good ones.

PS: although my name is Russian (Igor - Игор) my family is Brazilian and I think I have no Russian relative. Just saying because some Russian friends assume I know their history or politics because of the name hahaha