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August 7, 2024 1:25 pm at 1:25 pm
#2303731
Ex-CTLawyer
Participant
@Sam Klein
Sorry to burst your bubble, but China is NOT a complete Communist country. It is totalitarian but has much privately owned property and business.
Don’t know how many times you have been to China, I have made more than 20 trips on the past dozen years and derive a great deal of my income from wealthy Chinese entrepreneurs who send their sons to be educated in the USA. The pay about $100k per year for high school then full costs for university here.
There is untold private wealth in China and that is not Communist.
China is a Socialist Totalitarian country