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It's not really correct to say China is a communist country. Under Deng Xiaoping, China gradually undid the economic structures that define communism and moved
by KerrickStaley 7y ago
It's not really correct to say China is a communist country.
Under Deng Xiaoping, China gradually undid the economic structures that define communism and moved to a market-driven economy. Today it is essentially a free market economy with maybe a little more government intervention than most other free market economies. China is communist in name only.
- bluetwo 7y ago"After World War II, the Chinese Communist Party under MAO Zedong established an autocratic socialist system that, while ensuring China's sovereignty, imposed strict controls over everyday life and cost the lives of tens of millions of people. After 1978, MAO's successor DENG Xiaoping and other leaders focused on market-oriented economic development and by 2000 output had quadrupled. For much of the population, living standards have improved dramatically but political controls remain tight. Since the early 1990s, China has increased its global outreach and participation in international organizations."
- KerrickStaley 7y agoI don't understand how this comment is related to my parent comment.