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100			_aZHANG Xinwen
245			_aIs China socialist? theorising the political economy of China/ _cXinwen Zhang
260			_c2023
520			_aThis article investigates important and interrelated issues regarding China. It seeks to understand China’s current social formation, setting out the relationship between China and socialism. To examine whether China is socialist, this article examines key principles of socialism drawn from Marx including: individuals’ possession of the means of subsistence; the entitlement to a share of the means of production that are held in common; equality; and the degree to which the state is withering. Through an examination of China’s social welfare regime, the rural land ownership regime, and state-owned enterprise profit sharing with citizens, the article finds that China does not meet the criteria for socialism. In this context, the article continues to evaluate – based on an examination of the ruling party’s motivations and the power dynamics of several social forces – the possibility that China could return to socialism once it builds a sustaining productive dynamic.
650			_aCAPITALISM _xCHINESE POLITICAL ECONOMY
773			_gJournal of Contemporary Asia, Volume 53, Number 5, October 2023, page: 810-827
856			_uhttps://www.tandfonline.com/doi/full/10.1080/00472336.2023.2235757 _zClick here for full text
942			_2ddc _cARTICLE _n0
999			_c47154 _d47154