China is far from capitalist. The entire Chinese economy is built upon the fusion of business and state, crony capitalism. Accounting is suspect. Economic numbers are probably as bad. There are sham companies Americans are investing in without knowing it via ETFs. 
 

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Send in a voice message: https://anchor.fm/nick-sorrentino/message
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China is far from capitalist. The entire Chinese economy is built upon the fusion of business and state, crony capitalism. Accounting is suspect. Economic numbers are probably as bad. There are sham companies Americans are investing in without knowing it via ETFs. --- Send in a voice message: https://anchor.fm/nick-sorrentino/message Support this podcast: https://anchor.fm/nick-sorrentino/support

China is far from capitalist. The entire Chinese economy is built upon the fusion of business and state, crony capitalism. Accounting is suspect. Economic numbers are probably as bad. There are sham companies Americans are investing in without knowing it via ETFs.&nbsp;
 

--- 

Send in a voice message: https://anchor.fm/nick-sorrentino/message
Support this podcast: <a href="https://anchor.fm/nick-sorrentino/support" rel="noopener noreferrer">https://anchor.fm/nick-sorrentino/support</a>

Why China is called "The Ultimate Crony Capitalist State"

The Socializer focuses on social media, tech, and other issues important to small and mid-sized businesses.

Nick Sorrentino is the founder of The Business Socializer. A consultant whose clients have spanned the business spectrum, his work has been featured at Foreign Policy Magazine, Chief Executive Magazine, Reason.com, NPR.com, Townhall, The Daily Caller, and many other publications. He has spoken at CPAC, The Commit Forum, The Atlas Summit, The US Chamber of Commerce, The National Press Club, and at other venues. Sorrentino is also the co-founder of Against Crony Capitalism. Support this podcast: <a href="https://podcasters.spotify.com/pod/show/nick-sorrentino/support" rel="payment">https://podcasters.spotify.com/pod/show/nick-sorrentino/support</a>

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The Socializer focuses on social media, tech, and other issues important to small and mid-sized businesses. Nick Sorrentino is the founder of The Business Socializer. A consultant whose clients have spanned the business spectrum, his work has been featured at Foreign Policy Magazine, Chief Executive Magazine, Reason.com, NPR.com, Townhall, The Daily Caller, and many other publications. He has spoken at CPAC, The Commit Forum, The Atlas Summit, The US Chamber of Commerce, The National Press Club, and at other venues. Sorrentino is also the co-founder of Against Crony Capitalism. Support this podcast: https://podcasters.spotify.com/pod/show/nick-sorrentino/support

The Socializer focuses on social media, tech, and other issues important to small and mid-sized businesses.

Nick Sorrentino is the founder of The Business Socializer. A consultant whose clients have spanned the business spectrum, his work has been featured at Foreign Policy Magazine, Chief Executive Magazine, Reason.com, NPR.com, Townhall, The Daily Caller, and many other publications. He has spoken at CPAC, The Commit Forum, The Atlas Summit, The US Chamber of Commerce, The National Press Club, and at other venues. Sorrentino is also the co-founder of Against Crony Capitalism. Support this podcast: <a href="https://podcasters.spotify.com/pod/show/nick-sorrentino/support" rel="noopener noreferrer">https://podcasters.spotify.com/pod/show/nick-sorrentino/support</a>

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Why China is called "The Ultimate Crony Capitalist State"

Why China is called "The Ultimate Crony Capitalist State"