it is a better version of stalinism but still stalinism. in china the private companies compete in the free market to export more to the west. and the ccp's state owned companies drain all the resources from the private sector through upstream product monopoly (electric power, finance/loan, infrastructure etc etc) and foreign exchange controls (ccp gets all the dollars earned by private companies) and all the resources are used in the stalinism this is the root of today's global trade imbalance. the chinese people as private sector is too poor compared to china's production and exportation (the wealth is drained by stalinism). all the money goes to ccp and you never see it again. burgers cannot earn the money back (chinese people are supposed to be rich and be able to import more). where do you think all the air carrier etc come from?
Hong Kong