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Dream on. Massive companies are privately owned. The owners are free to travel, be rich, invest, succeed, or fail.

Yeah, there’s a ton going on in the Chinese economy that isn’t found in the communist manifesto. And in economics we are far more controlled and regulated. The government is no longer in control of that sector and has decided to benefit from it...and survive. The communists know they would be ousted if they tried to “run it all in earnest”.
Conversely, business there knows to enjoy the freedom an cash and to stay far away from designs on political power.

In truth, China is far more of a Nazi Germany clone than a communist country Mao wanted. A centralized socialist government, hard expansionist racist nationalism, industry free and privately owned and expected to not oppose the interests of the state.

Meanwhile, The Naked Communist warned of this:

Infiltrate and gain control of big business.
— Communist goal #37

Not so free after all. We see the actions of the CEOs of these businesses, most recently in the NFL, but also when Tim Cook went after Mike Pence when he was still Indiana governor over protecting real marriage, and of course the behavior of several other large corporations having to do with support for “marriage equality” and bathrooms for so-called transgenders.

China is acting precisely according to what is written in The Principles of Communism, as I noted before. After listing the Ten Planks in different form, it goes on to say:

It is impossible, of course, to carry out all these measures at once. But one will always bring others in its wake. Once the first radical attack on private property has been launched, the proletariat will find itself forced to go ever further, to concentrate increasingly in the hands of the state all capital, all agriculture, all transport, all trade. All the foregoing measures are directed to this end; and they will become practicable and feasible, capable of producing their centralizing effects to precisely the degree that the proletariat, through its labor, multiplies the country’s productive forces.

So not only is big business ideologically aligned with the Reds, but the infrastructure is already at the central government’s disposal. And people are fooled into thinking China to not be communistic, while they are beset with that very communism on their doorstep; rather like Satan fooling so many into believing in his nonexistence.

Since national socialism grew out of international socialism, they will always be brethren in their means, their ways and their forms, if not their name. Even national socialism really has not thrown away the notions of abolishing religion and family, with their cult of personality in common, which is part of the abolition of true religion.