Free Market .com

How can free market principles work with China, who does not work on free market principles?

Follow up to; How is drilling for our own oil going to help the US when that oil will be sold on international market? China is a communist country, and does not do bussiness as a free market. It does not matter how much is produced, they will buy enough to force $ up. Are they using the free market to hurt the US economy?

Public Comments

1. Its because there is no purely communistic system in the world.
2. China still works on so-called free market principles when trading on the world market. The so-called communism of China is actually within the country. And yes they could be using it to harm the US and many other countries, but not likely. High oil prices hurts the US by raising prices on everyting and straining the profits of most smaller businesses, while increasing the profits of Big oil corporations and helping the larger corportions(which incidently are supplied by Chinese labor) be more competitive in our own marketplace than smaller businesses. BUT, if we increase supply to the point of driving down prices, and the dollar value returns and ivestors start dumping oil for the dollar again, it can have a similar affect on most economies as a train hitting a car has on the person driving the car. While very very cheap oil sounds good and can bring transport prices down, it wil have a bad affect on many other aspects of our economy. So the best thing to do is get the dollar value back up, then figure out what to do from there.
3. We call ourselves "communism", but we are really not. Chinese economy is like a mixed economy.
4. We are not a communist country we are socialist country, communism is utopia, doesn`t exist in real life.
5. The free market principles dont work well in China . There are many serious problem in China ecnomic especially in education,medical treament,real estate .