China's Economic Model

China tried communism for years without much progress. Only when they allowed (controlled) capitalism they started enjoying the current results.

China's success has come _after_ they economically liberalized in a way that resembles the west's free markets.Soviets never did any of this. They "stubbornly" kept to a command economy. While china does have their 5-year plans and command economy, they have loosened that up for private individual's enterprises, and allowed special economic zones for which free market capitalism thrives.With a bit of state help in infrastructure etc, this enabled china to leverage

you can see how central planers screwd us economy, and how seeds of capitalism turn china in to top economy.

I think China has a pretty solid foundation in my opinion. While the socially authoritarian nature of the Chinese government is obviously abhorrent, the centralized planning approach has shown itself to be very effective when it comes to managing the economy and the industry. For example this [1] documentary on Shenzhen talks about how it grew from a fishing village into a major tech hub in a few decades. There are lots of other examples of China doing these kinds large scale modernization and i

Giving them more time is the right answer.You ask what changed? You seriously underestimate the kind of China has gone through. China over last 30 years has seen changes that were monumental. Literally, millions and millions of people can now feed themselves with 3 meals a day. China has never been as prosperous as this before, and things are getting better.Keep in mind that all the horrible things you mentioned are not unique phenomena historically. All those things were there in abundanc

obviously China is going full forward and better at it, with no "Capitalism" involved

China's pivot from Marxism to Capitalism has brought more people out of abject poverty, in a miraculously short period, than any other change in history. It isn't perfect, but there's no other viable option.

When people praise China they often fail to realise that getting gdp/capita to that of China would actually result in dramatic economic decline in their own countries. People used to praise USSR economic growth and industrialisation while completely ignoring the fact that the whole thing was only possible because of western tech and financed via the holodomor.

It's mainly the country "catching up". One would think development of China helped more than just a "few elites in their country".

Could it be because China had a communist revolution and privately owned companies where banned (for a while)?