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Chinese domain sales : Communist Capitalism and China

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China: A vast land of many opportunities.

China: A vast land of many opportunities.

China‘s transition from full fledged communism to open market capitalism might not happen after all.

The world’s 2nd largest economy is a unique amalgam of cultural and historical points, each of which define its political and financial position on the global map.

Poland, a former communist country-satellite of the late USSR, has a lot to share with China.

Grzegorz Kolodko, a university professor in Warsaw helped oversee the country’s economic transition, as Polish finance minister in the 1990s. He is scheduled to speak in Beijing next week, at a conference organized by the People’s Bank of China and the IMF, and advises China to shake up the state-owned sector, tackle monopolies and allow privatizations.

Incidentally, the People’s Bank of China ranks #5 in the world for total profit, behind Apple, ICBC, Construction Bank and AgBank.

China will most likely retain its present use of “Communist Capitalim” however, a mix of communist ideology and politics with a state-controlled capitalism enforced across the market.

Domain name sales in China have been scaling down in terms of average prices, and volume increases when Chinese domain investors sell off their domain assets.

We keep track of domain sales among the Chinese, of .CN and .COM domains between 2 to 4 characters. That’s the majority of sizable domain sales in China.

Today’s domain list is far from glorious, and it represents Friday’s domain activity, mostly involving “Chips”:

607.cn
dhgp.com
dhnz.com
dwyt.com
jbqh.com
jbrn.com
jyfx.com
kfjf.com
ksdm.com
lcck.com
llkj.com
lrbf.com
lspl.com
mqpj.com
pplf.com
rdnf.com
rlpf.com
snjl.com
wssm.com
wwmj.com
xhdx.com


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