China is not very Communist in its economic practices
That’s been my experience, too... It’s really not a communist nation, except in name. It’s a fascist oligarchy, with a small group of people controlling most of the top levels of Government, and Government involving itself in key industries.
If you stop and think about it for a minute, the US isn’t too far away from that as well!
You can say the same about Lenin's Soviet Union. He too permitted free enterprise. It was called New Economic Plan (NEP). Jeng studied that hard and quizzed American Armand Hammer -- who lived in Russia at that time -- about NEP.
Lenin called the capitalists who poured into Russia to help him get through the early days, useful idiots.
Once the Revolution was secure -- and I believe Lenin was gone and Stalin was in charge -- the free enterprise Nepmen were "rewarded."
I don't think the Chi-Coms call it capitalism I think they prefer "Socialism with Chinese characteristics" and IMO today's useful idiots will one day find what that really means.
IOW with hundreds of millions of citizens in dire need how can Red China continue to let Western useful idiots walk off with profits from China's domestic and export economy? The Chi-Coms have stolen intellectual property, next they'll seize the Westerners' physical property.
It's what communists do.
I am simply offering my opinion. I am not arguing. I have no respect for a government that's killed tens of millions of their own citizens -- all such acts were contemporaneous events for me.