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To: Right_Wing_Madman
That’s a pack of lies. Government is involved in all aspects of Red China’s economy. Every so-called private company of theirs is actually government-owned.
10 posted on 03/26/2024 1:59:33 AM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai
That’s a pack of lies...Every so-called private company of theirs is actually government-owned.

Private capital in modern China is immense. China has four million factories and almost all are privately or share-holder owned. You don't understand what happened in China after the Cultural Revolution. China's great economic expansion occurred after the government divested from manufacturing and transitioned to private enterprise (they copied Japan's post-war economic model). You still think Mao is running the country. Please, try and keep up.

11 posted on 03/26/2024 2:26:34 AM PDT by Right_Wing_Madman
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