• michaelrose@lemmy.ml
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    China is a market economy with strong central controls it mixes market and planning as I have suggested.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      China is very much a planned economy where the party comes up with 5, 10, and 25 year plans that are then executed. Markets are strictly subordinate to central planning.