China is not ending capitalism. It is transforming it.
China is not ending capitalism. It is transforming it. It should be called "capitalism with a conscience". or "humanistic capitalism" . The old form has been stagnant for centuries, It does not work well. It works only for the rich. China wants it to work for every one.
Either people don't get it or they want the status quo.
Article:
"Xi’s tech clampdown signals end of a capitalist era"
https://asiatimes.com/2021/08/xis-tech-clampdown-signals-end-of-a-capitalist-era/
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