What some people fail to realize is than China is still a Communist country, at least more or less, and as long as that is the fact, it will never be a market or true market economy. In fact, isn't it true that at least 50% of the Chinese economy is still state-owned? Maybe more depending on your definition of 'state-owned'.
You are VERY wrong with that statement.
There is a big difference between communists in the old Soviet Union and communists in China.
The Soviet Union Union was multi-cultural and they loved their vodka.
China is made up of orientals. Orientals have a tremendous work ethic. China is homogenous. China will be the only superpower at some point in the future.
Unlike the United States, they guard their borders, they guard their culture, they guard their sovereignty, and they will not allow Spanish kids to be taught in Spanish in Chinese schools.
Ooooops..........I forgot. Like I said, they guard their culture and sovereignty. China will crush the United States some day.
I don't know what percentage of the Chinese economy is state owned, but you are right in implying that a high percentage of the economy is state owned.
But I think alot of people do realize that. In actuality, I think what alot of people fail to realize, is that the Chinese are trying desparately to change that. To try and privatize their economy as much as possible.