Biden sets the record straight - China is not a communist country

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pjmret said:
No capitalistic stock market lug nut?

Yes or no?
Click to expand...
Oops.

The Chinese stock markets are much younger than the U.S. markets, with the Shanghai Stock Exchange and the Shenzhen Stock Exchange going back decades, while the New York Stock Exchange goes back centuries.
 
Boris Norris said:
Oops.

The Chinese stock markets are much younger than the U.S. markets, with the Shanghai Stock Exchange and the Shenzhen Stock Exchange going back decades, while the New York Stock Exchange goes back centuries.
Click to expand...
And yet they have a communist government and leadership.
And every source from the encyclopedia Britannica to news source agrees with me
 
pjmret said:
No capitalistic stock market lug nut?

Yes or no?
Click to expand...
So, your argument runs along the lines of: China does business in the world market using currency and fiscal tools and methods so it cannot be communist? Under your rather unique definition of communism then no nation on earth can be communist because all nations engage in commerce using money and fiscal apparatuses. Congratulations, like a true Democrat genius, you have cured the worldwide communist threat by simply defining communism out of existence.
 
mark francis said:
So, your argument runs along the lines of: China does business in the world market using currency and fiscal tools and methods so it cannot be communist? Under your rather unique definition of communism then no nation on earth can be communist because all nations engage in commerce using money and fiscal apparatuses. Congratulations, like a true Democrat genius, you have cured the worldwide communist threat by simply defining communism out of existence.
Click to expand...
No it's not
My argument has been clearly stated many times but uou apparently are too stupid to get it

Here is a clue for you.., when did the ccp take over china? When did it have a stock market? Did China engage in trade before it had a stock market? When did it employ fiscal tools? When did it have its current currency?
 
pjmret said:
No it's not
My argument has been clearly stated many times but uou apparently are too stupid to get it

Here is a clue for you.., when did the ccp take over china? When did it have a stock market? Did China engage in trade before it had a stock market? When did it employ fiscal tools? When did it have its current currency?
Click to expand...
You seem inclined to insist communism cannot be communism where you think fiscal practices do not allow it, whatever that is supposed to mean.
 
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