<< i'm sorry, i don't recall saying it was socialist either. did you see me say that? explain to me how china is communist, i'm listening. >>
I wasn't accusing you of calling China socialist. I was replacing 'communist' with 'socialist' to make your statement correct.
A communist government, is one which is utterly, from top to bottom, under the control of a communist party system. It usually gets that control by force (revolution), and the opposition party members don't just step down and return to civilian life, they are marched-out to some mass grave and executed, forced to do the communists' bidding, or exiled.
This is exactly how the communist party gained control of China, and it has exerted near total control over policy making and administration for some 60+ years. There have been a couple instances where the communist party was threatened, diluted, or put on the defensive, but it has always prevailed.
It is true that China has a bustling industry where investment and control over day-to-day operations and profit is largely private, but that is NOT tantamount to private "ownership". The property, the buildings, everyone inside of them, and the output of those factories and businesses, are "owned" by the People's Republic of China. Those companies are merely leasing everything from the ROC, in a sense.
Private industry is there by INVITATION, by mutual agreement between the Communist Party and industry, because it is a mutually beneficial relationship ($$). At any time it sees fit, China's ruling party can assume control over anything and everything that falls within ROC borders by edict of the Communist Party, and you can bet that the Communist Party has party officials keeping tabs on the going-on's of every business and factory within its borders, those that aren't already controlled by members and officers of the Communist Party (and most are).
Taiwan is not an independent state, it only acts like it is.