capitalism is also a declared enemy to communist countries
Colonialism tends to be the explicit professed enemy. Communism, as a practical economic policy, revolves around securing domestic resources for the benefit of the local public. China’s managed this phenomenally.
What Chinese policymakers object to is extraction of Chinese surplus at a loss. And foreign capitalists hate this, because it cuts into their profits.
Colonialism tends to be the explicit professed enemy. Communism, as a practical economic policy, revolves around securing domestic resources for the benefit of the local public. China’s managed this phenomenally.
What Chinese policymakers object to is extraction of Chinese surplus at a loss. And foreign capitalists hate this, because it cuts into their profits.