this post was submitted on 23 Feb 2025
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The driving force in the PRC is the public sector. An example I like to use is the rubber ball factory vs the rubber factory, the one who controls the rubber factory has power over the rubber ball factory. In the PRC, heavy industry and large firms are almost entirely under state control, the private sector is more for smaller firms and secondary industries.
As for being an Empire, Imperialism isn't judged by size, but by relations with international countries.