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Thursday 1 July 2021

China Economic System

There is no communism in China, but China is a capitalist country. Naming a country or party a communist does not make one a communist.

 The revolution that took place in China in 1949 was a great revolution. But he could not build a healthy socialist society. Rather, there was distorted socialism, which we call Stalinism. Even so, owning one is still beyond the reach of the average person. And it was this revolution that played a major role in China's development and building modern infrastructure. But after Mao's death in 1978, when Deng Xiaoping came to power, things began to change and China gradually moved toward capitalism. The market was opened for foreign investors. With modern infrastructure, talented and cheap workers in China, investors from all over the world have preferred to invest in China rather than other countries. And exploited many Chinese workers. As a result, China made some progress. Industries puzzled very fast, and so did the working class. But all this changed the character of the Communist Party of China and China. Class divisions have re-emerged in China. And currently most of the billionaires are in China and on the other hand a large number of people are suffering from poverty and exploitation. And in the Chinese Communist Party you will now find only capitalists!

 But despite the restoration of capitalism in China, capitalist democracy has not been restored there and there are very strict sanctions and punishments. China has now gone beyond the capitalist country and is now a capitalist imperialist country. Which lends to poor countries on strict terms and then plunders their resources and forces them to adopt their preferred policies. It is doing the same with African countries. SEPAC is also an imperialist project.

 The Chinese working class continues to be exploited and there is a great deal of anti-government hatred among the youth and workers. It can explode at any time. The Chinese Communist Party is billions of miles away from real communism. No one should be misunderstood or misunderstood in this matter.

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