I would say the primary difference is that the state supersedes capital, rather than the other way around. The Chinese state permits capitalism, but only when i

I would say the primary difference is that the state supersedes capital, rather than the other way around. The Chinese state permits capitalism, but only when it's to the benefit of China's economy and wellbeing. So, for instance they just banned sports betting outright, as it's not productive or contributing to the economy. The state runs the "commanding heights" of the economy, the banks, and directs investment, coordinates with industry. Of course it invests in infrastructure development.