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Capsian Report – Why China cannot abandon communism

Summary:
Interesting video! Capsian Report seem to be neutral, but I need to find out more about them. I don't know how correct their analysis is, but it seems feasible. The world is a pretty dangerous place, with countries still up for grabbing each others resources and wealth, if they can, so China needs to hang into its inner regions, Tibet and Xinglian, etc, as a buffer zone against attack. But these regions are poor, so the richer coastal parts of China have to subsidise them, hence communism still serves China a purpose.  Southern China can suffer from floods, but the North can suffer from droughts, and both these have caused famines in the past, so the government is spending billions on one of the worlds most ambitious projects, and is building waterways to take some of the water from the

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Interesting video! 

Capsian Report seem to be neutral, but I need to find out more about them. I don't know how correct their analysis is, but it seems feasible. 

The world is a pretty dangerous place, with countries still up for grabbing each others resources and wealth, if they can, so China needs to hang into its inner regions, Tibet and Xinglian, etc, as a buffer zone against attack. But these regions are poor, so the richer coastal parts of China have to subsidise them, hence communism still serves China a purpose.  

Southern China can suffer from floods, but the North can suffer from droughts, and both these have caused famines in the past, so the government is spending billions on one of the worlds most ambitious projects, and is building waterways to take some of the water from the South up to the North. But much of the water in the south comes from the rivers that flow from the mountains in Tibet, so China has always insisted that this region is part of its mainland because of its need for water security. 

President Xi Jinping pledged to redistribute wealth while turning up the heat on China’s upscale citizens and businesses. So, what keeps Chinese communism going?




Capsian Report - Why China cannot abandon communism


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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