China Capitalism Myth: CCP Controls Companies, Capital, and Stock Market

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China apologists often claim that China is no longer communist, but such claims are complete nonsense, reflecting an incredibly selective and superficial analysis of what the reality is in China. For one thing, the ruling party is the Chinese Communist Party (CCP). And the name was not chosen arbitrarily. It is a communist country.

Apart from the CCP, there are 8 minor parties, but these parties have to concede to the ruling role of the CCP...