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→Economy
==Economy ==
==Economy ==
[[File:1-26-2026.PNG|right|300px|thumb|Since the start of the [[NATO war in Ukraine]]. [[de-dollarization]] and Chinese exports to Emerging Markets accelerated, and exports to Developed Markets collapsed.]]
[[File:1-26-2026.PNG|right|300px|thumb|Since the start of the [[NATO war in Ukraine]]. [[de-dollarization]] and Chinese [[export]]s to Emerging Markets accelerated, and exports to Developed Markets collapsed.]]
Under the CCP's model of ''Socialism with Chinese characteristics'', as in all socialist societies, there are no safeguards, guarantees, or protection of property rights. Hence, there is no [[private sector]] in China. While certain successful [[entrepreneur]]s are allowed to benefit and profit from their work or business, and even become extremely wealthy by Western standards, the state reserves the right to expropriate and take control of any person, business, or enterprise at any time. While foreign investment in recent decades has been attracted to China because of its large domestic market and cheap labor cost, foreigners are prohibited from owning more than 49% of any business and must have a 51% Chinese controlling partner who is subject to Chinese Communist law and expropriation of property rights.
Under the CCP's model of ''Socialism with Chinese characteristics'', as in all socialist societies, there are no safeguards, guarantees, or protection of property rights. Hence, there is no [[private sector]] in China. While certain successful [[entrepreneur]]s are allowed to benefit and profit from their work or business, and even become extremely wealthy by Western standards, the state reserves the right to expropriate and take control of any person, business, or enterprise at any time. While foreign investment in recent decades has been attracted to China because of its large domestic market and cheap labor cost, foreigners are prohibited from owning more than 49% of any business and must have a 51% Chinese controlling partner who is subject to Chinese Communist law and expropriation of property rights.