3min chapter

Macro N Cheese cover image

The New Cold War with Ben Norton

Macro N Cheese

CHAPTER

China and the Communist Party of China

All land is state-owned in China, and it's only rented, but it's all belongs to the state. The argument made was that the Communist Party is going to maintain strategic control over the commanding heights of the economy. And this gets to this whole idea of China supposedly violating Western intellectual property. Well, part of that is because these companies made a deal with China where they would exploit sheep Chinese labor as well as share intellectual property with China. So China can start developing its own industry.

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