[rpgdfmx]

Astute friends of mine describe China as Fascism with a Communist face. Chinese free enterprise is for the benefit of the state and its expansionist aims. And, I'm not sure how "free" those enterprises are. Try putting out an unapproved website, for example.

[KwasiOwusu]

"I'm not sure how "free" those enterprises are."

Thousands of startups, hundreds of venture capitals firms (including many from Silicon Valley), IPO's of startups on both Chinese and US stock markets, hundreds of thousands of bright Chinese young men with new ideas and eager to start their own firms and "change the world", etc etc.
Arguably they are better at creating new frims than those socialistic EU countries.

" Try putting out an unapproved website, for example."

You could, to an extent, say the same thing about certain EU countries like France , where Yahoo and other American firms have been forced to modify and in some cases close down sites that the French did not like.