>>1096149The type of economic policy practiced in China and Vietnam is not even close to socialism. It's called "Regionally Decentralized Authoritarianism" by some modern scholars, but it's much closer to the economics of fascism.
The primary goal is economic development of every administrative area, coordinated in the long run by a federal government that otherwise manages little outside of monetary appropriations and promotions. Economic equality does not factor in at all.
Vietnamese people don't even really know what Communism is, and I doubt most Chinese do either. I have asked many Vietnamese what they think about Lenin and Marx, whose paintings can be seen in every single public school in the country. Even most adults don't know who they were, where they were from, or what their ideas were. "Vietnamese Communism" is just a poorly labeled revolutionary ideology that inspired their independence movement from France.
