(This verbose article examines the capitalist class in China throughout
history but says NOTHING about the working class.)
Under the policies of reform, China now has capitalists, but it does not
have a capitalist/class/that can control the state and shape it to its
own interests. The practical effects of the leading role of the party
can be seen in the ways in which the most dangerous aspects of
capitalist economics are being buffered and constrained today. China
continues to devote major resources to eliminating poverty, a key
benchmark of which was achieved in November 2020 when the last few
counties, in Guizhou province, that had lagged behind the
internationally recognized definition of absolute poverty were finally
designated as having emerged from that status.
https://mronline.org/2021/03/03/beyond-the-sprouts-of-capitalism/
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