They have a centrally planned economy. It's almost like the Chinese communist party is indeed made up of communists.
This attitude of denial and stuck in the past beliefs is exactly why the USA isn't competitive. Y'all, and your politicians leading the country, just keep telling yourselves these things and then wonder why you're getting lapped by a bunch of cut-throat capitalists.
> They have a centrally planned economy.
Pre-1978, not now.