The PRC is in the primary stage of socialism. The large firms and key industries are state owned, while there is diverse ownership of medium and small firms such as cooperative, private, and joint-stock. It has not reached communism:
As for the June 4th incident, it was a tragedy. Legitimate greivances were hijacked by CIA-backed protest leaders that admitted to wanting to spark a massacre, then when the PRC showed restraint for a month some of the protestors started lynching unarmed PLA officers and burning them alive in vehicles by firebombing them. This sparked the state response, which was an immense tragedy, but at the same time this was an entirely avoidable outcome that only really happened because the west took advantage of a protest and changed it from being a Maoist protest into a liberal one begging for colonization from the US.
To this day, despite records stating that around 1-300 people died, the west still claims 10,000 were killed based on a falsified British cable.
The PRC is in the primary stage of socialism. The large firms and key industries are state owned, while there is diverse ownership of medium and small firms such as cooperative, private, and joint-stock. It has not reached communism:
As for the June 4th incident, it was a tragedy. Legitimate greivances were hijacked by CIA-backed protest leaders that admitted to wanting to spark a massacre, then when the PRC showed restraint for a month some of the protestors started lynching unarmed PLA officers and burning them alive in vehicles by firebombing them. This sparked the state response, which was an immense tragedy, but at the same time this was an entirely avoidable outcome that only really happened because the west took advantage of a protest and changed it from being a Maoist protest into a liberal one begging for colonization from the US.
To this day, despite records stating that around 1-300 people died, the west still claims 10,000 were killed based on a falsified British cable.