If we really look closely at it, it works exactly like an American corporation, Board of Directors APPOINT (Hire) a CEO or even the Chairman of the Board. CCP is the only share holder of China...."
Exactly, though in a corporation the shareholders have a say, and they can if they wish sell their stock.
The CCP owns the mainland and the mainlanders, as long as the mainlanders put up with it, and they are a captive audience.
Half a century of absolute power, and what do they have to show for it—corruption, religious suppression, rural beggardom, perhaps a hundred million vagrant and displaced "workers", outright slave labor, environmental disaster, systematic murder and torture, famine, defeat in foreign war—including losses to the United States and Vietnam—and that just skims the surface.
Ah, but the "economy" is booming, will be the reply, and things are better than they were before. Yeah right—to the extent to which that is true in selected areas and in spite of the Chinese Communist Party, not because of it—it is due almost wholly to foreign investment, including large amounts from the ROC on Taiwan.
Compare the accomplishments of Chiang and the Nationalists and their succeessors in the ROC on Taiwan.
Compare Japan or South Korea.
No contest.
Best regards. S&W R.I.P.
Such stupidity...
Thats about like saying, 'people paid $125 per share of dogwalker.com, and hence, they have good revenues...'
China is competitive only in manufacturing (and exporting). They are playing much more on the supply end of things rather than on the purchasing end...
One day of political instablity and those big corps could be looking (rather hurriedly) for a new front end to their supply chain...
Most, probably 80% of the 'China' demand for things like superconductors, or whatever, is because the international corporate community is cutting costs and moving to China. "China demand" is not really "China demand..." It is "international demand"...
When the next tian an men happens, the US govt nor anyone else is gonna be able to do anything about it. Those guys are gonna be stuck, and hurt all of us in the process...
China is not nearly as stable and unified as they want to believe....
Next thing you know they will be preaching that 'that uprising should be put down...and that the CCP is justified in killing whoever they want 'in the name of stability'...