This is a wonderfully counter intuitive finding from the new Credit Suisse Wealth Report. There're more poor people in America than there are in China. No, really, this is true, when measuring by wealth. We've not got the detailed number of the United States alone as they're offering the information [...]
The difference between Dengism and social democracy is that social democracy was only ever implemented in the context of imperialist nation, and that at least nominally it still strives for socialism and communism.
Social Democracy just means capitalism with substantial state owned sector and a welfare state. Imperialism is not necessary for this. You are right about nominally, Dengism is capitalism with red paint. China is as socialist as Bernie Sanders.