China and Vietnam present a problem for the 'experts'. Whether they should be classified as Socialist with Capitalist parts, or as State Capitalism. I brushed by it for the most part in this post, I would bet that the piece on Capitalism will mention them too. The implication for those two is clear. Capitalism works (generally speaking) even if some of the business is state owned. An interesting situation to be sure.
Thanks for a really considered comment.