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HappySqurriel said:

The main difference between a Fascist and a Communist state when it comes to the economy is that a Fascist state allows some ownership over the means of production ... but this ownership can be taken away at the whim of the government and you have only minor control over what you choose to produce.

Sounds like China. Communist, but give ownership of the really lucrative business to a small minority of government-aligned people and take it away violently when they screw up [like the milk contamination thing] or the wrong ethic group gets control [e.g. Uyghurs, Tibetans].