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A Canadian-based mining firm is in a battle to keep the Chinese Communist dictatorship from literally nationalizing their company —" nationalizing " being a polite term for what socialists and communists — whether in China or here in Canada — seek to do as a matter of policy insofar as resource industries, and most other industries, too.
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Then came the revolution in China in 1949. Tin and silver mines in Bolivia, on which this country's economy depended, were nationalized in 1952 (Contreras 1993) by President Paz Estenssoro, after intense pressure of left labor leaders (Nash 1972). The Mining Corporation of Bolivia (Comibol) was created to manage these mines.
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One of China's largest overseas buyers just had its operations seized by the government. The China Insurance Regulatory Commission (CIRC), a state run regulator, has officially begun prosecution of Wu Xiaohui, the former CEO of Anbang. The process has led the government to seize control of the assets "temporarily," placing billions of dollars of Canadian …
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Recently China just did a similar thing and banned my book "FAKE" because I told a story they did not approve of. Interestingly, that story is also in the video that was removed. So, I am going to start this blog with the story about China and my gold mine. Let's see how they try to shut down my own blog. My "School of Hard Knocks" Story
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Everyone knows about making people turn in there gold in 1933 but in 1934 they nationalized the silver mines and outlawed ownership of silver hoards. In 1935 they overturned the law. But they did it once and could see them doing it again
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Did China just nationalise Evergrande??!! Possible major debt default looms. Submitted by alexmark on Wed, 12/29/2021 - 10:01. Tags: CHINA; Comments. SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA. Facebook Twitter Google Plus Myspace MSN Live Yahoo LinkedIn Orkut Digg Delicious. Web:
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by Paul Kellogg PolEcon.net, September 5, 2012 For the Financial Post, the actions of the Bolivian government in nationalizing a Canadian mine this summer, confirmed the country's status as an "outlaw nation" (Grace, 2012).But for less biased observers, the reality was a little different. Responding to pressure from local indigenous communities the Bolivian …
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Qing dynasty. The first railways in China were built during the Qing dynasty in the late 19th century, after extensive railway networks were already in place in Europe, North America, India and Japan. The late arrival of railways in China was due both to the lack of industrialization and skeptical attitude of the Qing government. Although diverse and prominent personages such …
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Mining salt as a trading commodity did not commence until the Mughal era in the 16 th century, and it wasn't until 1872 that the main tunnel was developed by British mining engineer Dr H Warth, on behalf of the British colonial powers. During the early years of British rule, the salt mine churned out around 28,000t to 30,000t per year of salt.
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Lessons from the Nationalization Nation: State-Owned Enterprises in France. Paul Cohen Winter 2010. With a steep recession in full swing, it's French-bashing time again on the editorial pages and in the business sections of American newspapers. As the Obama administration frantically weighed policy options, pundits agonized over the prospect ...
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1957 The mining company LKAB is nationalized. The state had owned 50% of the corporation's shares, with options to buy the remainder, since 1907. 1970s The Swedish government nationalised the pharmacies, where the state-owned Apoteksbolaget AB was given a retail monopoly. 1992 A minor part of the banking sector is nationalized. Tanzania
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The mining industry had been in deep financial difficulties for decades, with many small, unprofitable mines closing and continual industrial troubles. Both industries had been nationalised and run successfully by the government during World War II. The rail network had also been heavily bombed.
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This maintained that foreign-owned mining companies made exponentially more in Chile than other similar companies. While expropriation of U.S. assets was usually based upon a percentage of market value, in this case U.S. companies received little or …
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The nationalization of oil supplies refers to the process of confiscation of oil production operations and private property, generally in the purpose of obtaining more revenue from oil for oil-producing countries' governments. This process, which should not be confused with restrictions on crude oil exports, represents a significant turning point in the development of oil …
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Tanzania to nationalize diamonds seized from Petra. Tanzania plans to nationalize US$29.5 million worth of diamonds it seized from Petra Diamonds Ltd.'s Williamson mine, after authorities accused the miner of under-declaring mineral exports, Reuters reported.
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Chavez did not offer details how the new decree differs from a 1965 law that nationalized gold mining. In 1977, the government granted itself exclusive rights to extract gold. But he suggested it would give authorities increased powers to evict wildcat miners from illegal mines.
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Answer (1 of 3): If economically qualified and skilled people without the smell of corruption were available it might be viable to Nationalise the banks and mines. But what is the objective of such an action? There are cases to be made for nationalising. What is …
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