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What is 'socialism with Chinese characteristics'? Inside China's economic model

Geopolitical Economy Report

CHAPTER

China's Socialist Economic Model and the Presence of Billionaires

This chapter discusses the criticism of China's socialist economic model and addresses the argument that China cannot be socialist because it has billionaires and inequality. It explains that China is on a path towards socialism and eventual communism, and challenges the notion that socialism means the absence of billionaires.

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