CCP announces plan to take control of China's private sector

asiatimesfinancial.com

31 pointsapsec1124 comments

The CCP's stranglehold on economic reporting and output tightens. My guess is this is an effort to help minimize and control disclosures that might give insight into the real circumstances of their economy rather than the fake inflated numbers.

So do it! China will lose that way. In the US Catholic universities often cannot run their hospitals at break even ... Much less the economy!

What does Catholic universities got to do with China? In this context CCP means the Chinese Communist Party.

Thanks's for pointing out the stunningly obvious ... Captain obvious! Nobody thinks CCP means well let's try: Catholic Christian Party? Clear Catholic Principles? I've wasted enough time here.

The point is that strongly ideological bents (here coming from Religion) tend to conflict with economics. Correct, CCP is not a religious organization rather eschewing it. But what they both have in common is that economic activity is secondary and non-strategic. Or as another HN article put it quoting Drucker: "Culture eats strategy for breakfast."

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