Singapore is a dictatorship now you can shut the fuck your non sense https://www.cato.org/policy-report/januaryfebruary-2013/how-china-became-capitalist >>Against conventional wisdom, we take the end of 1976 as the start of post‐​Mao reform and argue that **China basically became a market economy** by the end of the 90s before it joined the World Trade Organization in 2001. In the new millennium, the Chinese economy has kept its growth momentum and become more integrated with the global economy. As an account of how **China became capitalist**, our book focuses mainly on the first two decades of reform. Within this time frame, our account is split into two parts by a dividing event, the 1989 Student Movement. The Cato Institute is a public policy research organization — a think tank — dedicated to the principles of individual liberty, limited government, free markets, and peace. Its scholars and analysts conduct independent, nonpartisan research on a wide range of policy issues.