Write a summary with a response based on Chapter 4.3. State Capitalism in China (pp.30-36) from Economics in Context Initiative. (2021). "Comparative Economic Systems: Capitalism and Socialism in the 21st Century." An ECI Teaching Module on Social and Economic Issues, Global Development Policy Center, Boston University.

Provide (1) an introduction , (2) a full summary of the chapter, and (3) your response, or reaction, to the ideas discussed as a conclusion.