The Real Chinese Economic Model
Neither communist, nor capitalist, but a whole new beast, a chimera from multiple philosophies
I see a lot of confusion over China's economic model. This is something that has been an open question for me for a while as well.
The official term by the Chinese government is “Socialism with Chinese characteristics”. The link is to the dedicated Wiki page. Which is not helpful at all to actually understand it.
Is it communist? Capitalist? A mix of bot…
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