China is hyper-capitalist. They're living proof that capitalism has won.
Through bonds? or SVPs to fund the building of datacentres?
In China, I imagine that if your company does something relevant to the five year initiative then you get a lot of red tape cut for you.
i.e. in China, the government controls capital; in the US, capital controls the government.
China is one party system, where CPC controls and owns production, policy, finance and even consumption levers.
These terms are useless for distinguishing anything -- what you said can be said about literally any capitalist state.
> China is one party system
This is also relatively uninteresting. There have been many countries where a single party has nominally remained in power for about as long as the CCP has. That Deng Xiaoping's coup occurred without nominally dismantling the party makes the "one party system" distinction a superficial one.
CPC mandates and gets seats on highest boards of companies, combines IP research across civil military, is both producer and consumer of products etc. Look at China's civil military fusion policy on the latest iteration of how they are doing this. In china there is no separate 3-4 branches of govt like in most places. CPC controls all legislative, executive, judiciary, military and private company boards and financial capital.
It just probably overregulated hardware manufacturing out of existence with unionizing and other too strong regulations.
