William: perfect design thanks best secured loans China has a related but different problem: its politicians control too much of the money themselves. Politicians and elites in China enrich themselves, their friends, and their families by managing and siphoning China Inc. — China’s state capitalist enterprise. Chinese industry is controlled by the state, and thus it’s the property of the people who run the state. Last year, state-owned enterprises and affiliated businesses accounted for over half of Chinese economic output and employment. There were 70 mainland Chinese companies on the 2012 Fortune Global 500 list; 65 of those were state-owned. icici nre fixed deposit With regard to the trade deficit, the concept of comparative advantage does not work when one country controls its economy in order to create massive trade surpluses. It is simply a transfer of wealth from the US to China. The $300 billion trade deficit with China is a greater problem than the budget deficit.