posted on Feb, 23 2014 @ 12:55 AM
Anyone else think its coincidence that China seems to be doing the same thing N. Korea is doing in terms of corruption probes?
As for China, they have their own scheme going on and I think Phoenix358 is on the money with some twists.
A foreign business must pair up with a Chinese business in order to do business in China. What we have been seeing is the foreign business, once
established with infrastructure in place, being placed into a position of being unable to operate at a profit, forcing the foreign business to
essentially shut down operations and leave. This leaves the infrastructure in place for the Chinese half of the venture to just take over and move
forward, without the need to split anything with the foreign company.
This is one of the major issues when it comes to industrial espionage in china. The Chinese company moves forward with making items that were not
invented by them, selling it on the markets cheaper than the western business ever could, undermining pretty much everything related to the rightful
owner / investor / creator.
China has been caught cooking the books by the UN to the tune of almost 1 trillion dollars. When China was reporting its cash flow they conveniently
left out municipal liabilities, creating a picture of sound fiscal policy when it was anything but.
By allowing her people to experience a free market system, and partially allowing that system to take hold, I doubt the Chinese government is going to
be able to keep control. I think the more China tries to pull it back, the more people that are going to be pissed about it.
China has ha a lot of internal issues (protests / anger at government corruption / etc) that China is desperately trying to keep a lid on. I think
its only a matter of time before the current Chinese government goes the way of the former Soviet Union.