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TASS — Over 80% of China’s Unicorn Companies Practice a New Economic Model

Summary:
In his role as Secretary-General of the Global Sharing Economy Alliance, Ge gave a presentation entitled "The Great Sharing Economy Gives Birth to Unicorns". He pointed out that traditional sharing economy models that share small property rights on commodities such as cars, bicycles, and home rentals is transitioning to a model where larger business assets such as capital, production capacity, and intellectual property rights are made available for sharing. TASSOver 80% of China's Unicorn Companies Practice a New Economic ModelSee alsoMixed economy with strong central government planning economic policy for public purpose.CounterpunchSocialist or Capitalist: What is China’s Model, Exactly? Richard D. Wolff

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In his role as Secretary-General of the Global Sharing Economy Alliance, Ge gave a presentation entitled "The Great Sharing Economy Gives Birth to Unicorns". He pointed out that traditional sharing economy models that share small property rights on commodities such as cars, bicycles, and home rentals is transitioning to a model where larger business assets such as capital, production capacity, and intellectual property rights are made available for sharing.
TASS
Over 80% of China's Unicorn Companies Practice a New Economic Model

See also

Mixed economy with strong central government planning economic policy for public purpose.

Counterpunch
Socialist or Capitalist: What is China’s Model, Exactly?

Richard D. Wolff

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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