China is increasing its rules and regulations on business and industry.
This is unfortunate because it also puts tighter restrictions on foreign investment.
It is the; Last One and Is a Rotten Egg Syndrome.
It is interesting that many folks support their investment dollars into China and now also wish to close it off.
However, we must also consider that China is a communist nation and it is a known fact that when communist nations get upset with foreign investment they often take over all the businesses and return them to the state.
If people from other nations have invested in China, then China could easily turn around and say; Thank You Very Much You Are Free to Go We Own All This Now.
It has happened in other nations as well and it is a common occurrence in communist countries.
Remember China has not gone through its industrial revolution yet and it is still micromanaged by a few people.
What you have China starts encouraging economic nationalism and besides the state should run everything? A better scenario of course would be that China becomes a democracy and encourages economic nationalism and for investment simultaneously to become the world's next superpower.
Many people thought this was happening, but will we see protectionism rules and regulations go into place all we can say is that China seems to be making many of the same mistakes that the United States has made in relation to free markets.
That is not to say the United States and economically has not been a super success.
Only that it could have done better.
China says it wants to promote local innovation and therefore it wants rules and regulations in place to allow this to happen and wishes to curtail some types of foreign investment.
Although this will only protect those who have already invested and perhaps they will throw some Foreign Investment Corporations out.
One has to ask if China will not turn into a collection of multinational corporations and political entrepreneurs, rather than free-market capitalists who could really take China to the next level.
I wonder if Adam Smith never had a Chinese counterpart philosopher?Consider this in 2006.
This is unfortunate because it also puts tighter restrictions on foreign investment.
It is the; Last One and Is a Rotten Egg Syndrome.
It is interesting that many folks support their investment dollars into China and now also wish to close it off.
However, we must also consider that China is a communist nation and it is a known fact that when communist nations get upset with foreign investment they often take over all the businesses and return them to the state.
If people from other nations have invested in China, then China could easily turn around and say; Thank You Very Much You Are Free to Go We Own All This Now.
It has happened in other nations as well and it is a common occurrence in communist countries.
Remember China has not gone through its industrial revolution yet and it is still micromanaged by a few people.
What you have China starts encouraging economic nationalism and besides the state should run everything? A better scenario of course would be that China becomes a democracy and encourages economic nationalism and for investment simultaneously to become the world's next superpower.
Many people thought this was happening, but will we see protectionism rules and regulations go into place all we can say is that China seems to be making many of the same mistakes that the United States has made in relation to free markets.
That is not to say the United States and economically has not been a super success.
Only that it could have done better.
China says it wants to promote local innovation and therefore it wants rules and regulations in place to allow this to happen and wishes to curtail some types of foreign investment.
Although this will only protect those who have already invested and perhaps they will throw some Foreign Investment Corporations out.
One has to ask if China will not turn into a collection of multinational corporations and political entrepreneurs, rather than free-market capitalists who could really take China to the next level.
I wonder if Adam Smith never had a Chinese counterpart philosopher?Consider this in 2006.
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