If China had no billionaires, you’d be saying “how can it be socialist if it has millionaires!” If it had no millionaires you’d complain about people having thousands of dollars.

The PRC is a mixed economy, with the state-planned, socialist sector commanding the heights of the economy, and a smaller sector for capitalist development.

Is China State Capitalist?

• The backbone of the economy is state ownership and socialist planning. 24 / 25 of the top revenue companies are state-owned and planned. 70% of the top 500 companies are State-owned. 1, 2 The largest bank, construction, electricity, and energy companies in the world, are CPC controlled entities, subject to the 5 year plans laid out by the central committee.
• Workplace democracy in action in the CPC.
• Is modern day china communist? Is it staying true to communist values?
• Didn’t China go Capitalist with Deng Xiaoping? Didn’t it liberalize its economy? Is China’s drastic decrease in poverty a result of the increase in free market capitalist policies?
• Is the CPC committed to communism?
• The Long Game and Its Contradictions. Audiobook
• The myth of Chinese state capitalism. Did Deng really betray Chinese socialism?
• Tsinghua University- Is Socialism with Chinese Characteristics real socialism, or is it state Capitalism?
• Isn’t China revisionist for having a capitalist sector of the economy, and working with capitalists? Why isn’t it fully planned like the USSR was?
• Castro on why both China and Vietnam are socialist countries.
• Roderic Day - China has billionaires.
• What is socialism with Chinese characteristics (SWCC)?
• How is SWCC not revisionist? How is it any different from Gorbachev’s market reforms?, 2
• Domenico Losurdo - is China state capitalist?, 2
• Did Lenin say anything about Market Socialism, or productivism?
• Vijay Prashad - Is China capitalist?
• Why do Chinese billionaires keep ending up in prison? Why are many billionaires and CEOs going missing? China sentences Ex-Chairman of a major bank, guilty of embezzling ~$100M USD, to death in 2019.
• China cracks down on billionaires - Ben Norton interviews Ian Goodrum
• Do capitalists control the communist party? No, pic
• How the State runs business in China.

By reading a book.

One time I said something about China and a man on the internet told me to stick China in my urethra.