I have been living in China for 6+ years. I disagree with most of what you said.. I was raised in a semi-capitalist country, Canada. I have lived the differences. You try living there for some time. You will everything cost money, nothing is free. Small and large businesses are opening up daily. It's like America back in the 50's, so says many Americans living here who lived int he 50's.

Not everything in the mainstream news is accurate but I can say what I am personally experiencing by living here for some time.