Oh no, you’ve never read theory or anything even marginally related to economics from anything but a corporatist perspective.

I’m so sorry.

Anyway this discussion is above you. China is a socialist state. They are a dictatorship of the proletariat, not of capital. Their economy is centrally planned. Their economy is 60% publicly owned. The part of the economy that is a private market has nothing to do with anything essential to life. No part of Marx nor Lenin’s work precludes a market economy. Not one single part.

Read your theory.

The nordics have less than 40% of their economy in the private sector? Got literally any sources for that little one?

What basic macroeconomics? The fact China’s economy is insulated from capital and isn’t reliant on imports anymore?

China isn’t a capitalist nation in anyway. They have a private market, which cannot effect the rest of the economy.

Correct, 5% of GDP, specifically from the private sector, would not effect China. It’d make some investors mad, but no one would lose their home, no one would starve, hell they wouldn’t even be out of work unless they refused public sector jobs - of which there are nearly twice as many as private sector jobs.

The country with a 17 trillion usd GDP? Yeah the half trillion in exports isn’t that important.

Actually they don’t. Their own middle class is outspending the US, and brics ensures the US isnt ever the primary consumer market ever again.

Not really, they’re the one country besides Israel that the US will never invade or go to war with, since it would permanently end the US economy.