I don't want to sound like I am crassly glazing my own country (China), but come to think of it, I am immensely thankful that China is taking up the economic fight against US hegemony.

arms industry -> Good luck with missiles and jets while we hold rare earth and specialized metal industries in hard check
big oil -> renewables are gaining ground despite efforts of big oil to cripple them, and most solar panels are now exported by China
big tech -> Alternatives are here, including a much more resource efficient ecosystem of AI, to the point even companies in Silicon Valley are using them
automotive industry -> Got Ford so shocked, lobbying efforts have been made in Washinton to never allow Chinese EVs to compete

Also, banking and international transaction -> used to be, SWIFT was the only game in town, now no longer.

Despite not being a "pure" socialist state, China is taking on the challenge of the century and taking on the crumbling empire by it's neck.

[–] Cowbee@lemmygrad.ml 0 points 2 weeks ago

To be clear, "pure" socialism us largely a western conception. China has a socialist market economy, and is gradually developing and progressing along that road. Socialism is a process more than it is a "thing."