Felix Su

China doesn’t have a planned economy in any case. That went out when Mao died. In 1976 Deng invited economists and fund managers like Ray Dalio to teach the CPC leaders economics.

They learned and they applied what they learned. China hasn’t been Communist or a planned economy since 1976.

China is currently more capitalistic than the US

https://www.quora.com/Does-recovery-of-Chinas-economy-after-covid-demonstrate-that-planned-economy-can-perform-much-better-then-market-one-Does-organized-CPC-regime-deliver-quicker-industrial-outcomes-then-US-EU-debate-checks-and/answer/Robert-Quek-1?ch=10&share=12db1a80&srid=OySm

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