LOL, we're feeding a communist oligarchy

[tardfarmer]

http://story.news.yahoo.com/news?tmp...s_050211110833


One third of China's private business people are Communist Party members

Fri Feb 11, 6:08 AM ET Business - AFP



BEIJING (AFP) - Capitalists were once vilified by China's Communist Party but now one out of every three private businessmen is a card-carrying member.


Since China currently has nearly four million private enterprises, that means well over one million private entrepreneurs have joined the 68-million-member communist party.


Xinhua cited a new survey showing party membership among private business people has risen "dramatically" although it provided no figures.


It said the percentage of party members is particularly large among owners and managers of large privately owned companies.


This could reflect the fact that many private enterprises in China were previously state-owned companies that have been taken over by the management.


The survey was conducted by the Communist Party's Organization Department, the All-China Federation of Industry and Commerce, and the China Society for the Study of Non-Government (Private) Enterprises, Xinhua said.


The country had 3.8 million private enterprises by late 2004, a rise of 26 percent compared with a year earlier, a recent report in the state media said.


Over the next decade, private entrepreneurs are likely to account for 60 percent of the total increase in national wealth, according to earlier reports.


Given the growing role capitalists play in the Chinese economy, the Communist leadership has proved eager to co-opt rather than alienate them, officially allowing them to join the ranks of the party since 2001.

[kevin1]

They once said that they would wear us down until we became like them ,
and would willingly wait a thousand years to acheive that goal .

We've worn them down to the same point in less than 250 years and never lifted a finger to force them to it .


Hmmmm ... maybe the "old ways" aren't the best after all .

[Coastie]

It said the percentage of party members is particularly large among owners and managers of large privately owned companies.

I wonder if this is because they "Joined" the party or if they used an existing party membership to either coerce or outright steal the business from somebody else.

[tardfarmer]

Just frickin' wonderful....


http://www.time.com/time/magazine/ar...027457,00.html


Ning Wen and his wife were arrested last fall at their home office in Manitowoc, Wis., for allegedly sending their native China $500,000 worth of computer parts that could enhance missile systems. As these naturalized citizens await trial, similar episodes in Mount Pleasant, N.J., and Palo Alto, Calif., point only to the tip of the iceberg, according to FBI officials keeping tabs on more than 3,000 companies in the U.S. suspected of collecting information for China. A hotbed of activity is Silicon Valley, where the number of Chinese espionage cases handled by the bureau increases 20% to 30% annually. Says a senior FBI official: "China is trying to develop a military that can compete with the U.S., and they are willing to steal to get [it]."

[Coastie]

Nothing new here 'Tard', this has been going on since Clintons first term in office in one way or another and this is merely one incident that was intercepted. I wonder what they actually got from (I believe) Livermoore Labs a few years ago.

[Aught Six]

I wonder if this is because they "Joined" the party or if they used an existing party membership to either coerce or outright steal the business from somebody else.

I'd put money on the latter. China is still a dangerous and unpredictable communist dump. They'll accept capitalism as long as it keeps paying enough to grow militarily and keep their own people under their thumbs.