Stock of the United States’ largest defence contractor Lockheed Martin was downgraded to Hold from Buy at Deutsche Bank by 14.5 percent, with a price target of $523
I did, looks like CCP is about half, but it didn’t show many of the the other ones. I was wondering if you thought it was higher than that, from what you were saying, it sounded like you thought it was like 90%.
Hey quick question genius, is Chinese military industry state owned or private? 🤡
Looks like both.
It’s pretty much all state owned, and in cases where private industry is used, it’s tightly controlled including party members being embedded within the companies. In fact, the role of private industry in China has been declining overall https://www.piie.com/research/piie-charts/2024/chinas-private-sector-has-lost-ground-state-sector-has-gained-share-among
Looks like AVIC is public and private, do you know the ownership breakdown?
I’m sure you can look it up since you’re the one who brought it up.
I did, looks like CCP is about half, but it didn’t show many of the the other ones. I was wondering if you thought it was higher than that, from what you were saying, it sounded like you thought it was like 90%.
I never gave a number, and it’s weird that you would assume something like that. Also, no idea what CCP is.
Yes you do.
I know what The Communist Party of China (CPC) is.