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<blockquote data-quote="King Silkbeard" data-source="post: 5988271" data-attributes="member: 41975"><p>China is market economy most of the time. The state controls the banking and regulatory processes of the nation but other than that Chinese people are free to buy shares in the stock market. Foreign companies like the Americans, British, Japanese and so on invest in the country with gvt support. American corporations employing Chinese workforce. Conventional Communism does not apply it is roughly a mixed market economy. The end result is plenty of examples of gvt corruption but also a blueprint for National development and that is what we in the west lack.</p></blockquote><p></p>
[QUOTE="King Silkbeard, post: 5988271, member: 41975"] China is market economy most of the time. The state controls the banking and regulatory processes of the nation but other than that Chinese people are free to buy shares in the stock market. Foreign companies like the Americans, British, Japanese and so on invest in the country with gvt support. American corporations employing Chinese workforce. Conventional Communism does not apply it is roughly a mixed market economy. The end result is plenty of examples of gvt corruption but also a blueprint for National development and that is what we in the west lack. [/QUOTE]
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