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submitted 2 months ago by yogthos@lemmy.ml to c/funny@lemmy.ml

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[–] KimBongUn420@lemmy.ml 7 points 2 months ago* (last edited 2 months ago) (1 children)

China isn’t communist

You're right it's not. It's ~~market socialist~~ a socialist market economy or socialist with Chinese characteristics to be more precise

[–] Cowbee@lemmy.ml 7 points 2 months ago (1 children)

Technically it's a Socialist Market Economy. Market Socialism typically describes a cooperative-focused economy. At that point though we are splitting hairs.

[–] KimBongUn420@lemmy.ml 5 points 2 months ago (1 children)

You're right! Thank you for correcting me and generally for your service 🫡

[–] Cowbee@lemmy.ml 5 points 2 months ago

No, thank you comrade 🫡