Think-About-It

Chinese Lessons

The author's points are valid. He is highlighting the way China's government works in relation to businesses. Officials decide what's best, make a plan and implement it. Period.

The decision making process in China has little to zero input from the "private" sector and absolutely no recourse for companies or individuals that get harmed by their decisions. Central command & control is still the over-riding mind set there even as they continue to "experiment" with capitalism in certain areas.

I continue to invest heavily in China but perfer to avoid industries that get harmed the most by government interference. Stick with basic sectors providing basic needs (commodities, infrastructure, transportation, tourism, housing... ). Avoid industries that need to be left alone to thrive through "creative innovations" as these sectors look unstructured and messy to Gov officials who are can't resist trying to "control" them in some form or another. comfortable