Stock of the United States’ largest defence contractor Lockheed Martin was downgraded to Hold from Buy at Deutsche Bank by 14.5 percent, with a price target of $523
Looks like maybe CCP is more of the transliteration of the first letters of the Chinese words, but CPC is more of a translation, which the party prefers? But I’m getting a ton of conflicting state sources muddying the water. Some indications that CCP was seen negatively, so CPC was emphasized as a rebrand. Or that Chinese is a slur, so using China instead is more sensitive.
Anyway, CPC is what the tankies insist on, so I’ll keep using CCP.
Looks like maybe CCP is more of the transliteration of the first letters of the Chinese words, but CPC is more of a translation, which the party prefers? But I’m getting a ton of conflicting state sources muddying the water. Some indications that CCP was seen negatively, so CPC was emphasized as a rebrand. Or that Chinese is a slur, so using China instead is more sensitive.
Anyway, CPC is what the tankies insist on, so I’ll keep using CCP.