@StryderNotavi Granted on the data security aspect. Of all contemporary vehicles, not just China’s.
But on the rest, China’s capitalism — long on competition, light on profits — is the most successful, and therefore should be taken as the normative form of contemporary capitalism, rather than as some aberration from true Western rentier capitalism.
Sure, state-imposed incentives shape it. All capitalisms are embedded in states. China has simply stumbled upon a superior approach.