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Lance Thompson
302 Posts

When I said before that companies “based in” China are companies whose stocks I refuse to buy?? This 60 Minutes segment shows the reason why…….You can’t build a company in China without working to help the CCP (Chinese Communist Party) spy on other countries “as well as” using your company to help spread the ideals and principles of communism over capitalism.

And as many of you may be asking “So what does that have to do with growing your company, making a profit and increasing the wealth of shareholders???”……….Absolutely nothing. When you own a public company in China you don’t work for shareholders, you work for the CCP. That’s why Jim Cramer says that he never buys the stocks of companies “based in China”, only companies based in the U.S. that have offices in China at most.