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> China for some reason is viewed as comfortably capitalist For the purposes of western companies with ties to China, they have capitalism - after all, allowin
by bad_user 10y ago
> China for some reason is viewed as comfortably capitalist
For the purposes of western companies with ties to China, they have capitalism - after all, allowing child labor in sweat shops is very capitalistic.
On the other hand the state controls a majority of enterprise assets even though the number of enterprises fully owned by the state is around 30%. And they also impose their will on privately owned companies, with the market not being free.
Also, don't confuse capitalism with democracy ;-)