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China| efforts made to return china back to socialism1

For decades, life in China has revolved around the capitalist system that has emerged from its home.

Despite being technically a “communist” country, the government relied on trickle-down economics, believing that allowing some people to become extremely rich would benefit the whole society so that it could be called Chairman Mao’s Cultural Revolution. To get out of the destructive swamp of as possible.

To some extent it worked. A large middle class has emerged and people from almost all sections of society now have a better standard of living.

efforts made to return China back to socialism
Xi Jinping’s effort to return to socialism

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The difference in wealth

Since the stagnation of the 1970s, China has been on the brink of collapse, which is now challenging the United States for global economic dominance.

But it did leave a gap in income.

It can be seen in the children of people who were in the right place and at the right time.

Parents who were able to run factories in the 1980s have made huge profits that have paid their children to drive shiny sports cars around the now shining cities, leaving construction workers stunned. How they will be able to buy a house.

Getting out of jail for a party has always been a phrase “with Chinese characteristics”.

The concept of socialism – “with Chinese characteristics” – allowed the government to run a society in a broadly philosophical way that was not at all socialist in many ways.

General Secretary Xi Jinping has decided that this is no longer acceptable.

The Chinese government under his leadership has begun to bring the Communists back into the Communist Party, at least to some extent.

Despite the communist system, there is a big difference between the richest and poorest people in China.
The new catch phrase is “common prosperity.”

It has not yet appeared on roadside propaganda posters, but it may not be far off.

Now this is the basis of what the Chinese leader is doing.

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Crackdowns in daily life

Under this banner, it makes more sense to target tax evasion by the rich, such as measures to make education more equitable by banning private tutoring companies. The ongoing crackdown on the country’s tech giants can also be seen as part of the plan.

So does Xi Jinping really believe in this idea of ​​a communist plan? It’s hard to believe 100%, but some observers will say that it certainly does.

China is celebrating the 100th anniversary of the Communist Party this year.
By comparison, this was not the case with many other party officials in the past.

The point is – along with the redistribution of wealth on the communist path – Mr. Xi also seems to agree that this means pushing the party toward most aspects of daily life, which is to achieve. The only realistic way.

Kids getting lazy, wasting their youth playing video games? Rescue Party: Three hours of gaming.

Are the minds of teenagers mad, poisoned by idolatrous television? Rescue Party: Ban on “sister-looking” boys’ programs.

Demographic Time Bomb Ticking: Once again, the party has a solution: a three-child policy for all!

Football, cinema, music, philosophy, children, language, science; the party has the answers.

efforts made to return China back to socialism
efforts made to return China back to socialism

At odd’s with his father belief’s

To understand what Xi Jinping has become a leader about, you need to take a look at his background today.

His father, Xie Jongson, was a Communist Party war hero, known as a moderate, who was later expelled and imprisoned during the Maoist era.

At the time, Mr Xi’s mother was forced to condemn her father. After his father’s official reinstatement in 1978, he called for economic liberalization in Guangdong Province and allegedly defended Hu Yaobing, one of China’s most progressive leaders.

Given the persecution of Mr. Xi’s father at the hands of Communist Party honorees, and his father’s inclination to reform, many have asked why Xi Jinping is now leading the party in that direction. What would seem to contradict his father’s beliefs?

There are various possible explanations.

Maybe he doesn’t agree with his father’s line on some political issues.

Or perhaps the Chinese leader intends to pursue a plan that differs from his father’s priorities, ending nowhere near Maoist-era policies. At least not intentionally.

However, it still seems quite remarkable.

Xi Jinping appeared on the big screen during a ceremony marking the 100th anniversary of the Communist Party.
When his father was sent to prison, at the age of 15, Xi Jinping was made to work in the fields for many years, living in a cave.

These turbulent times clearly hardened her, but she could easily turn into a hatred of politics, especially the hard type.

Some Chinese observers have speculated that they may believe that only a strong leader can guarantee that China will not return to the chaos of the 1960s and ’70s.

And remember that now the rules have been changed so that he can stay in power as long as he wants.

One reason for all this speculation is that we have never heard him do what he is doing in terms of his decisions. Chinese leaders do not interview party-controlled media.

Mr. Xi comes to the countryside for television opportunities and is greeted by welcoming locals who gain insight into corn cultivation or other aspects of their work and then from there go away.

Therefore, it is difficult to estimate the extent to which new rules, restrictions or directives on economic activity in China can be put in place, or to what extent.

In recent days, barely a week has passed without major changes in the rules governing one part of the Chinese system or another.

Clearly, living with them has been difficult. Many of these changes have come out of blue.

It is not that the state has a natural problem in controlling the various levers of birth. It is up to economists to discuss what is most effective. The problem has been sudden uncertainty.

How can anyone make reliable investment decisions if they do not know what the ground rules will be in a month?

Why is China’s economy important to you?
There are people here who see this whole process as “growing” as a natural part of the country. There is a need for rules and regulations in areas where there was irregularity.

If that is the case, then this period of transition to a trauma strategy may be only a temporary one, which will eventually calm down as the new rules become clearer.

But it is not clear what the length or breadth of these moves will be.

One thing is for sure, any change must be seen through the prism of Xi’s “common prosperity” drive when the party will not give up an inch of its power in implementing it, and in China, you or So we can move on. Get on or off this truck. China

This is the first in a three-part series given China’s changing role in the world. China

Sections two and three will explore how Beijing is rewriting business laws and its global implications. China

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