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CHINA IS NOT CAPITALIST
CHINA IS SOCIALIST
All land and natural resources in China are owned by the Communist Party of China, with the exception of some farmland, which is owned collectively. Land in China can only be leased, not owned.
68% of China's GDP in 2023 was generated by State-Owned Enterprises (SOES). SOEs own 60% of China's total assets as of 2021.
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