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> China is a centrally planned economy isn't it No, this is something that doesn't exist in reality, or doesn't work to be precise. China is capitalist, in fac
by iforgotpassword 9y ago
> China is a centrally planned economy isn't it
No, this is something that doesn't exist in reality, or doesn't work to be precise. China is capitalist, in fact more capitalist than pretty much any western country, but only when it comes to domestic market. Towards the west they're ultra protectionist.
- Chaebixi 9y ago> China is capitalist Lots of its companies are state-run or otherwise state-owned. It definitely takes some "capitalist" practices to the next level compared to the rest, but it is its own weird thing.