312 | Christopher Marquis: How China's Communist Roots Shape Its Economy, State Party, and Xi Jinping's Ambitions
The Realignment
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The Chinese Communist Party and State Capitalism
In China, you have actually the Chinese Communist Party, which sits above the state. So there has been a huge amount of private entrepreneurship in China. But even those companies are very beholden to the government and the state for a variety of reasons. The big controversy around Huawei is whether it's state owned or not. And I think those conversations miss the broader issue that CCP is run the show.
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