Only because they redefined the definition of poverty in rural areas to be around $2.30 a day (inflation adjusted). The medium daily income in major cities like Shanghai is $33 a day (inflation adjusted).
Obviously living rurally is a lot cheaper, but this difference is _massive_. We're talking a 14x difference in daily income.
With China, you always have to look deeper than the surface level reports. Just like you would anywhere else, but particularly with China because faking it is accepted as long as it saves face.
Unless you're referring to Mao's rule, "Chinese socialism" is another word for "capitalism".
The US, too, has some fields of the economy that are almost entirely state owned. E.g. roads, K-12 education, public safety, transit. The existence of a few public industries does not make a country socialist.
No, not exactly. Under corporatism/fascism, the capitalists have control of the levers of the government. Under Socialism With Chinese Characteristics, that's basically the one thing the capitalists are never allowed to get. Money is blocked from translating into political power, which lets the government make long-term plans.
It works quite well in China, assuming of course you are not so unlucky as to want to protest on Tienanmen Square. Or have useful organs someone higher up might want to harvest. Or are an Uygur. Or a Tibetan. Or live in a place downstream of a large dam. Or want to express an opinion.
Oh, and you know how Nazi Germany was the first time that Nazism was tried as well? It also succeeded in some ways, and failed in others. So I guess we should excuse that as well, then?
You haven’t listed anything unique to socialism. Capitalism also works well until you’re poor and don’t want to live right next to, I don’t know, a bitcoin mining facility or something. Authoritarians are the ones running down dissidents with tanks and spinning up concentration camps, not their economic systems.
And you don't think that an economic system that denies every aspect of freedom (down to, and including the freedom to decide what, or even whether you get to eat, what you wear, where you'll live, what your job is, etc.) can possibly exist without also introducing a very hefty dose of authoritarianism?
What are the aspects of Nazi Germany that you think have merit and we should try again? You can't just pick and choose when the aspects are intrinsically linked though.
They had a strong focus on family and tradition. They were against globalisation, which is mostly a centralising force that benefits the super-wealthy, and _only_ the super-wealthy. They believed in themselves, as a people and as a nation, something we are not allowed to do anymore.
Will you now argue that those things are intrinsically linked to starting wars and conducting genocides? If so, you are going to need MUCH more than just "the nazis did that, therefore everyone who holds even one of those views must hold all of them". And just to make sure: my description of good points applies to the Amish as well, but I don't think anyone would accuse them of wars and genocides.
Absolutely new stuff is basically unrestricted. Go build, have fun, make money.
Intermediate stuff is partially state controlled, including cost, profits, pollution, and more.
Essentials are effectively state owned, cost controlled, and 'very stable'.
Also, the USSR was the first time it was tried. It succeeded some ways, but failed in others.