You can just look at the numbers. Percentage of GDP that is driven by government spending:
China: 33%
USA: 34%
Germany: 50%
Economically, modern Europe is more communist and exerts more centralized control than China. Might explain why the current class of European elites have presided over the greatest destruction of an industrial base since the Soviet Union.
China: 33%
USA: 34%
Germany: 50%
Economically, modern Europe is more communist and exerts more centralized control than China. Might explain why the current class of European elites have presided over the greatest destruction of an industrial base since the Soviet Union.