Remember Suzhou park?
Retarded commiecunts still never learn their lessons.
https://en.wikipedia.org/wiki/Suzhou_Industrial_Park
"The SIP ran into trouble when local officials began building
Suzhou New District (SND) industrial park to compete with it. As the Suzhou city government had only a minority 35 percent stake in the SIP, while they had a major stake in SND, the city government largely ignored SIP and concentrated on promoting the SND instead.
The project was supposed to transfer Singapore's management skills to Chinese bureaucrats and to teach China how to build and run "business-friendly" commercial parks. But it ended up straining the close relations between Singapore and China and bringing home to Singaporeans the often unpredictable, and sometimes underhand, business culture of the Communist mainland.
[6]
Singapore's senior minister,
Lee Kuan Yew conceded that the project had not turned out as planned and had made him more cautious about investments in China. He pointed to the difficulties that arose in signing agreements with the central government that were then implemented by local officials who "have their own imperatives".
[6]
After incurring losses of some US$90 million over 5 years,[7] the Singapore consortium lowered its stake to 35 percent, raising the Chinese consortium's stake to 65 percent from 35 percent and reducing the Singaporean share from a planned 70 km2 to just 8 km2.
[8] The Chinese side appointed
Wang Jinhua, vice-mayor of Suzhou and the former manager of the New District, as the new chief executive.
In 2001, one year after Singapore lowered its stake, the park made its first profit of $3.8 million.[9]"