Earlier quoted context omitted.
State ownership of all companies, yes, that's one implementation of socialism though not "literally the definition". But obviously this isn't how China is now and even state-owned companies in China generally operate in a market and can be in competition with private companies and other state-owned companies. In fact the Chinese eoconomy is probably more competitive that in the West now, it is fierce competition for…
No, not all. I can only assume you've never even taken an entry level poli sci course, because socialism has never required COMPLETE ownership by the state. Furthermore, as I linked previously, in China it is north of 70% ownership by the state. >But obviously this isn't how China is now and even state-owned companies in China generally operate in a market and can be in competition with private companies and other st…
> because socialism has never required COMPLETE ownership by the state
Sure, it's only complete ownership by the workers.
> What makes it socialism is government ownership of the means of production, with redistribution to the general populace.
Well, then China is not socialist. QED. (and again, owenership by the workers, not necessarily thet state)
I would advise you, in good faith and friendship, to visit China one day. It's a free market capitalist dream in day to day life.