The large firms and key industries are overwhelmingly publicly owned, and the working class is in charge of the state. It’s been socialist since the CPC beat the Kuomintang. The presence of private property in a system doesn’t mean the system is capitalist, this was already understood in Marx’s time.
China is about as socialist as my shit is a bouquet of roses.
It’s capitalism. It’s always capitalism.
The large firms and key industries are overwhelmingly publicly owned, and the working class is in charge of the state. It’s been socialist since the CPC beat the Kuomintang. The presence of private property in a system doesn’t mean the system is capitalist, this was already understood in Marx’s time.