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When it comes to regulations, licencing and bureaucratic red tape the Chinese government seems to think it knows what's best! The worlds largest vehicle market is planning on banning gasoline and diesel vehicles to eventually replace them with their cleaner counter part the electric car. In this video Dan Dicks of Press For Truth explains that while yes pollution in China is a bad problem that needs to be dealt with, forced governmental monopolistic takeovers is not the desired means to achieving that end...there are free market solutions being offered by independent entrepreneurs that should be encourage and supported as dealing less and less with the state always produces far better results.
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Sources:
http://www.businessinsider.com/china-ban-gas-powered-cars-effect-on-oil-market-2017-9
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