Basically, it is the theory China used in order to justify the switch to State Capitalism. Here's more on the theory: https://en.wikipedia.org/wiki/Socialism_w

Basically, it is the theory China used in order to justify the switch to State Capitalism. Here's more on the theory: https://en.wikipedia.org/wiki/Socialism_with_Chinese_characteristics https://en.wikipedia.org/wiki/Socialism_with_Chinese_charact...