> Some forget that China is still a centralized communist country.
China was never a centralized communist country - it was a country that attempted to create a state-capitalist economy, to varying degrees of success over the years.
This isn't a matter of quibbling over terminology; it's a rather important distinction to be aware of for anybody who wants to understand modern China's economic history.
China was never a centralized communist country - it was a country that attempted to create a state-capitalist economy, to varying degrees of success over the years.
This isn't a matter of quibbling over terminology; it's a rather important distinction to be aware of for anybody who wants to understand modern China's economic history.