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In China the government literally owns many of the power generators building them and supplying the electricity at the lowest possible cost knowing that the free market of manufacturers and processors will utilise the electricity and produce wealth and competitively priced exports.
It is a case of the government enabling its industry to be the most competitive in the world.
Chinese manufacturers enjoy electricity supply at less than half the cost western manufacturers pay.
All due to proactive Chinese economic management and understanding of the crucial enabling role government can play in the wealth of nations.
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You do not understand how a mixed economy works.
Neither does America anymore, and that's why you are losing your wealth and hegemony.
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It is true a mixed economy does not inevitably result in wealth for a nation (it has to be done with skill and integrity) but it is also true that a nation NEVER grew wealthy without the intricate involvement of the government working with and supporting business.
Without such good government business does not have the legal framework and security to invest and build wealth.
Look at history and this is evident.
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Give some examples of a wealthy nation/economy where the government was not instrumental in the creation of wealth?
Even one?
SILENCE!
Without government ensuring consistent rule of law you cannot easily build any business let alone a prosperous economy.
Bitcoin does not provide any security of wealth except within its own system and even that would struggle to operate without the sophisticated networks of electricity, internet and computing made possible by nation states and their legal and governance frameworks.
In China the government literally owns many of the power generators building them and supplying the electricity at the lowest possible cost knowing that the free market of manufacturers and processors will utilise the electricity and produce wealth and competitively priced exports.
It is a case of the government enabling its industry to be the most competitive in the world.
Chinese manufacturers enjoy electricity supply at less than half the cost western manufacturers pay.
All due to proactive Chinese economic management and understanding of the crucial enabling role government can play in the wealth of nations.
Due to this government led strategically scaled power generation construction the cost of Chinas new nuclear power plants massively lower than in the crony capitalist USA.
Chinas mercantile mixed economy strategy has won the trade war - you just have not understood it yet.