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To: SeekAndFind

It’s a communist dictatorship. The PRC isn’t bound by such capitalist ideas as solvency or even private property. If push comes to shove, they will just nationalize these properties, deny the debts and forcibly relocate people there. They don’t care about investors or private savings, and if people complain or make trouble, they’ll find themselves picking cotton next to the Uighurs. After all, everything belongs to the state.


9 posted on 01/24/2022 11:51:34 PM PST by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: VanShuyten

The PRC isn’t bound by such capitalist ideas as solvency or even private property. If push comes to shove, they will just nationalize these properties, deny the debts and forcibly relocate people there. They don’t care about investors or private savings, and if people complain or make trouble, they’ll find themselves picking cotton next to the Uighurs

The PRC is the formal abbreviation for mainland China and is usually used by people boosting CCP rule, as is naming the CCP: the CPC. Xi approves of using the PRC, but hates anyone using CCP or PRC for mainland China.

The CCP already owns all land in China so there is no need to “nationalize” anything. Everything not only belongs to the state, but all businesses, under Xi, are now managed by the CCP. There is no such thing in China as “private property”.

Important people who make trouble face losing everything, prison, live organ harvest. Ordinary people who make waves face the same things and are beaten in public - sometimes to death by the Peoples Armed Police, a division of the Ministry of State Security, a division of the PLA.

The CCP DOES care about investor’s money - as long as the investor does not show it off or make any statements about his wealth, or tries to portray himself as somehow superior in any way shape, influence, or fashion to the CCP (definitions subject to change at a moment’s notice), else the CCP takes the perp away and the money goes to members of the Central Committee.


16 posted on 01/25/2022 5:39:57 AM PST by PIF (They came for me and mine ... now its your turn)
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