Korean won slides amid strong US dollar, China fears
Korea HeraldJUL 2023
The Spin
Pro-China narrative
Considering the economic pain Xu caused for the government and the Chinese people, this sentence is more than fair. After decades of thievery and another 20 years of hiding from justice, the government has finally put an end to this corrupt scheme and its perpetrators.
Anti-China narrative
Don't be fooled by Xi's faux egalitarianism. He isn't cracking down on successful businessmen due to their greed but rather due to their unwillingness to completely bow to his regime. He's investigated, sanctioned, or arrested dozens of executives — from the finance industry to the tech industry — to solidify Communist Party loyalty among the nation's elite.
Metaculus Prediction
There's a 50% chance that China will officially cease to be a socialist state by January 2097, according to the Metaculus prediction community.
