Vibs
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... that's not "private" ownership. Those are all state owned companies. They collude with each other on prices, take taxpayer money and subsidize services. Its basically a monopoly. For all the talk of "capitalism" in China today the economy is firmly dominated by state owned companies so I laugh when Gambit talks about "haha China is capitalist because socialism failed". Less socialism != not socialist. It just went from 99% socialist, to 60% socialist, its still socialist. There are no sectors where there are no state owned companies.
It is big privates that are the exception not the norm; in a few industries like beverages, internet, solar, etc. its more private though.
Just to give you an idea of how socialist China is: I go to a giant mall called Wushang Liangfan all the time. It looks like a mall anywhere; there's hotels, shopping, arcade games, a restaraunts, luxury goods, even a jewelry store. Its also state owned.
Tobacco? Every cigarette in China is produced by a state bureaucracy - the Tobacco Monopoly Corporation of China.
Lol..Ok..I get it. It's not a "privatized industry". I am well aware that even the "private" firms have owners with some connection to the state. I only wanted to know is whether these companies (not getting into private or state owned) had problems with credit rating plus some of them are actually listed.