[dyauspitr]

Yep they’ve figured out a viable alternative to liberal economics. I’d say the only weakness is if whoever in charge isn’t a benevolent dictator. Democracy is more robust when it comes to this but the trade off is slower growth and much more inefficiencies.

[pragmomm]

viable alternative for maybe 20 million upper class people in China. 800 million others are making less than $100/month.

[DiogenesKynikos]

There are more than 20 million people in Shanghai alone, not to mention Beijing, Guangzhou, Shenzhen, Tianjin, and all the other rich cities in China.

The average income in China is around $1000/month, and I frankly don't trust your claim that more than half the population lives on just 10% of that.