China Fact of the Day

by on July 16, 2007 at 1:00 pm in Economics | Permalink

Ah, this is good to see.  China’s "communist" rulers oppose price controls.

ponmel July 16, 2007 at 1:40 pm

Bad to see and not good to see.Long live democratic socialism.

ponmel July 16, 2007 at 1:41 pm

Bad to see and not good to see.Long live democratic socialism.

a July 16, 2007 at 4:59 pm

Rather than admit China’s commie economy is kickin’ America’s capitalist economy’s butt…just label the commies “capitalists?”

Dogma saved…

TGGP July 16, 2007 at 8:04 pm

a, Alex’s post shows Chinese authorities rejecting price controls, and does not explicitly call them “capitalists”. Perhaps a more relevant comparison than “communist” China and “capitalist” America would be Hong Kong (when it was under British authority) to other coastal Chinese cities.

Paul N: Vulnerable to what? Do you think Singapore and Dubai are headed for disaster or something?

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