>In my opinion the main reason the Soviet economy collapsed (apart from outside pressure), was the state owned sector wide monopolies Interesting how China's m

>In my opinion the main reason the Soviet economy collapsed (apart from outside pressure), was the state owned sector wide monopolies Interesting how China's model with multiple state owned entities competing against each other compares with the Soviet model. However China is practically a capitalist country now. Chinese SOEs make up less of the Chinese GDP than Italian SOEs make up in the Italian GDP.