Sunday, May 4, 2025

China is better able than US to weather trade war because half its economy is government owned and is centrally coordinated and organized by its Communist Party ; Socialism with Chinese characteristics is more efficient than monopoly capitalism

china is a hybrid about 50% of China's economy her enterprises are likewise privatelyowned and operated by Chinese employers private employers and by foreign including many American private employers who have big operations in China like Apple like Tesla like General Motors and on and on and on but the other half of China and we have nothing like that in the United States are governmentowned and operated enterprises and sitting on top of this hybrid is a powerful government which in turn above it sits a very powerful turn above it sits a very powerful Chinese Communist Party why do I say this because this organization of the Chinese a government that is able to supervise to manage and to coordinate a hybrid economy has shown itself here we go now to be better able to mobilize the

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