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by dragontamer 2708 days ago
There's a different level with Chinese corporations.

Remember that China is a single-party system. You're either with the party, or you're not. In other countries, there are two (or more) major political parties to be aligned to. Any corporation that tilts towards one political group will lose power when the other groups come into office.

Ex: Farming corporations tend to be aligned with Republicans. Environmental corporations tend to be aligned with Democrats. While they get benefits when their party is in power, its hard to keep the subsidies going when the opposition enters.

That's not true of China. If you're with "The Party", then you get all the benefits of being with the party all the time.

2 comments

> Any corporation that tilts towards one political group will lose power when the other groups come into office

That's why smart corporations sponsor government positions instead of specific politicians.

> Any corporation that tilts towards one political group will lose power when the other groups come into office

not if they simply shift their campaign donations to the other groups. federal level politicians spend a huge fraction of their time constantly and aggressively looking for campaign cash.

Indeed. But that kind of shorter-term quid-pro-quo is less corrupt than the depths of a single-party alignment over the course of decades.