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They are capitalism since private sector is allowed and encouraged. They are an authoritarian country as there is no democracy and there can be a single politic
by relativ575 4y ago
They are capitalism since private sector is allowed and encouraged. They are an authoritarian country as there is no democracy and there can be a single political party. Why is that so difficult to understand?
They call their country communist because they can't afford to undermine the legacy of the communist party by admitting that they made huge mistakes in the past.
- wbsss4412 4y agoChina is dominated by state owned enterprises and many of the private investment is in joint ventures with local governmental authorities. People like to gloss over the more complex reality that is Chinas actual economic structure when it benefits their personal ideological agenda.