Why can’t capitalists replicate these strategies, even cynically, in pursuit of long-term profit? As per Lenin, “the degree of concentration which has been reached forces [capitalists] to adopt [imperialism] in order to obtain profits.” These strategies are only available to China because the CPC — China’s sovereign, the political authority — is able to check the power of capital.

from https://redsails.org/china-has-billionaires/