What’s Up With China: Chinese Socialism vs Capitalism

China is a one-party state governed by the Chinese Communist Party (CCP). But are they actually a communist (or socialist) country? On this episode of Today I Learned, we explore China's massive growth over the past three decades, the difference between Chinese socialism and Capitalism, the ups and downs of embracing the free market and how do the youth and working class people in China feel about the revolutionary figure, Chairman Mao Zedong. We're joined by Zhun Xu, Associate Professor of Economics, John Jay College and Graduate Center, CUNY. Interestingly, while Zhun Xu lives and teaches in the US now, he was born and grew up in China.