China's boost is not the case of growing character of capitalism rather moribund world capitalism got a lease of life in china discovering the untapped market, cheap labour force, government provided infrastructural facilities, soft terms and conditions and above all government protection to the interests of the foreign investors. Have ever anyone attempted to assess the capital investment of the foreigners (especially from USA) in china? Possibly it is more than the inland investment. The government has the key role in managing the whole affairs for the interest of the nation. But the nation (China) in the garb of so called socialism or rule under the red flag has been busy in managing its man (working population) and productive material resources primarily to protect the interests of the capitalist class or multinationals of not only from China but the world over. As under the law of capital, class division is inevitable. Obviously, chinese economy is creating two worlds one is for a few haves (parasite capitalist/multinationalist class) and other is majority havenots (working class). How then a state sponsored capitalist country like china or any other capitalist country in the world can act as the savior of the world when its whole concentration is on accumulation of capital and not to serve the world humanity. Its scientific inventions are directed to maximize profits through irrational exploitation of working class and materials resources for profit maximization and to exhibit its power to the poor countries to maintain its hegemony forever. Only socialism (that takes care for humanity than the growth of capital) can be the right course of social development and savior of the world.