[bjshepard]

If you understand the population distribution in the PRC, have spent time in a Tier 2 or Tier 3 city, and think deeply about economic growth, the idea that the Chinese economy could "crash" is laughable: there is a vast pool of emerging customers that will continue to fuel growth over the foreseeable future. The question is whether global trends, especially related to climate change driven instability, will interfere in the emergence of the socialist/communist market economy. If you find a contradiction in the conception of a socialist/communist market economy, check Dominic Losurdo's "Has China Turned to Capitalism?—Reflections on the Transition from Capitalism to Socialism" published in the March 2017 issue of International Critical Thought.

[ue_]

Although a Socialist (using this in the sense of lower-stage Communist, rather than as Marx used it as synonymous with Communism) market economy can be practicable, China does not have it - most notably because there is wage labour and private property is protected by the State. The State is also not in democratic control of the workers. These rule out China from being either a Socialist country or having a Socialist (market or not) economy.