Spot the difference
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In China, Xi is the CEO.
What does this even mean?
It means the parent commenter thinks "socialism with Chinese characteristics" looks an awful lot like state capitalism.
Can you explain what Socialism is, and what "State Capitalism" is?
Something tells me you already have an idea of what those words mean. I'm not here to have a debate, I just thought I could help with understanding the parent comment. I thought it was pretty obvious what calling Xi the CEO of China was implying.