Socialism works well in China and Russia due to their top-down approach to governance. In these countries, central planning allows for targeted investment into areas that need support or have potential for development. This type of approach also encourages collective ownership and responsibility among citizens which can lead to greater stability and enhance productivity at the national level. Additionally, Chinese and Russian governments tend to be heavily involved in the running of industries such as energy production or agriculture – something many capitalist economies lack – allowing them to better manage these sectors for long-term success.