Today, China faces almost the same set of problems that the capitalist states are struggling with. In a post-capitalist world where an entire demographic degenerate into the “useless class”, capitalism will lose the market on which it depends. EAI senior research fellow Lance Gore imagines what this could mean for the Chinese Communist Party and other advocates of the socialist path.
"People from northeastern China are like African Americans or Osakans. We have a history of wandering, irrational optimism and a sense of righteous clannishness. In our veins runs comic talent, along with being governed and discriminated against. Under all the snow and ice lie warm poems and folk songs, while the wild fires, steel and concrete encase a helpless rebelliousness. We understand everything, we know everything, but we choose to be kind. We are forced to leave our homes to seek a place that will accept us. We will say nothing. Our leather coats and dark glasses will never come off. We will tell you: 'This is nothing to us.'" - Bai Yi, comic artist
A common practice in rural China is to give monetary gifts during important occasions, be it weddings or funerals. These gifts can drain a sizeable part of a person’s income, and deciding on the amount to give is an art in itself. Economics professor Zhang Rui tells us more about this longstanding tradition.
EAI senior research fellow Lance Gore explains why the sudden reversal of globalisation, constant turbulence due to global developments and the fragmentation of international relations are some very real coordinates of China’s "new era". In response, apt and concrete policies along the socialism axis can be devised to meet the challenges.
Comic artist Bai Yi's artwork gives a glimpse into a dystopian world where individual lives are considered insignificant before the all-powerful and all-important state machine, and where herculean efforts are needed to uphold the dignity of human lives.
The movie Return to Dust depicts the difficult circumstances of a rural couple in China. Despite the high ratings and box office takings, some detractors say that the film feeds Western stereotypes of rural Chinese. Zaobao correspondent Yu Zeyuan looks at whether the movie panders to Western tastes, and whether it invalidates China’s efforts at poverty alleviation.
The Covid-19 pandemic has badly hit the Chinese economy, with ordinary folk bearing the brunt of the impact. Migrant workers and rural farmers have had to pivot to other fields to make ends meet, and even then the outlook is still grim. Can the authorities safeguard its efforts in poverty alleviation and rural revitalisation? Zaobao journalists Miao Zong-Han and Zeng Shi look into the issue.
While China’s market-based socialism with Chinese characteristics has lifted many out of poverty, creating the Chinese miracle, the ills of abiding by the “laws of the market” should be tackled and reined in. In the ever-evolving model of new socialism, a mechanism needs to be established that can raise and maintain a good standard of living in the absence of economic growth. This is so that people can transcend the pursuit of the material and live their lives with meaning and purpose.
Chinese President Xi Jinping announced in February 2021 China’s complete victory in its fight against poverty. While China’s poverty alleviation efforts spanned 40 years since its reform and opening up in 1978, its definition of its poverty standards has been ill-defined. Taiwan academic Liu Chin-tsai believes that there is more to be scrutinised before China becomes a global model for poverty alleviation.