China is Socialist with Chinese Characteristics, the CPC practices large and extensive levels of State Planning and the People’s Democracy structure means the Capitalists in China do not control nor guide the State.
Capitalism exists in China as a concession, it isn’t some fully Socialized state, but it is a transitional economy.
China is Socialist with Chinese Characteristics, the CPC practices large and extensive levels of State Planning and the People’s Democracy structure means the Capitalists in China do not control nor guide the State.
Capitalism exists in China as a concession, it isn’t some fully Socialized state, but it is a transitional economy.
Read China Has Billionaires.