Red China, Inc. Does Communism Work After All?

China is securing an ever-bigger share of the world market with the methods of a planned economy. Competitors and economists alike are astounded by the country's seemingly unstoppable march to becoming a global economic superpower. The development has left many wondering: Does communism work after all?
Boom City Shanghai: President Hu Jintao and his Communist Party are experiencing explosive success across the country.

Boom City Shanghai: President Hu Jintao and his Communist Party are experiencing explosive success across the country.

Foto: Getty Images