Quote:
Originally Posted by Onn
Hardly could China's economy be considered free market, the balance sheets in a project like this have little importance.
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I'm sorry to go a little off topic here but the truth is that China's market is considerably more "free" than any Western market I'm aware of .
That may well be due to an almost total lack of enforcement of regulations or an equally minimal level of government interference ... I don't know. I can tell you though that any business owner in China doesn't worry about being taxed to death on whatever the government can think up next . Nor is there market regulation the same way we think of it in the West . You can start any business you want to here and sell virtually anything that tickles your fancy . There are a few things that you can't openly sell (like porn for example) but you don't have to go far in search of them in the black market anyway .
For good or for bad , China has a very free market . Perhaps it's too free and that's a problem .