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Otrada [13]
4 years ago
11

Most Communist governments also have a communist economic system. China has limited capitalism. How is this

History
1 answer:
Xelga [282]4 years ago
6 0

Answer:

Three ways in which there is a capitalist economic system in China today are:

1- On the one hand, there is an industrial and technological production system in which foreign companies settle in the country, investing capital and producing goods at a lower cost, employing local workers and providing the brand and know-how for the elaboration of products.

2- On the other hand, China markets its products in the international market, establishing commercial relations with other nations and even signing free trade agreements with many of them.

3- Finally, there is an internal market for the sale of these products within China, through which its citizens can access said goods using money as a means of payment. This money, in turn, comes from the salary they obtain for their work, thus constituting a true market economy.

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