"Ideas of ‘market socialism’ – for example, in the USSR in the 1920s, Czechoslovakia in 1968 and Hungary in the 1970s – had never proposed a system with the capitalist sector outgrowing the parts of the economy owned by the state. Chinese leaders from Deng Xiaoping onwards asserted that they were developing a ‘communism with Chinese characteristics’. The red-dyed gauze no longer occluded reality. The communist order was retained only as a means of rigorous political and ideological control; its economic and social components were blown to the winds. Concepts of Mao Zedong Thought were abandoned except insofar as they promoted the goals of national identity, centralised administration and superpower status. An extraordinary hybrid was created. China had become the only communist state which developed a vibrant economy by giving it over to capitalism."
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Sources
Robert Service, Comrades: A History of World Communism (2009)
https://en.wikiquote.org/wiki/Chinese_economic_reform
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Chinese economic reform
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