China’s imports and exports of goods totalled 18 trillion RMB in the first half of this year, 27% higher than the same period last year. However, instead of rejoicing over soaring numbers, Chinese academic Peng Shengyu warns that huge exports also point to a great loss of domestically created material wealth flowing overseas. He says by unreservedly supplying China-made goods to the US who has the power to print money in abandon, and leaving wealth accumulation in the hands of individuals, the Chinese government has not done enough to improve the lives of its people, especially the poor.
Fatal flaws in the Soviet system, or the Stalin curse, led to the eventual demise of communist regimes in Eastern Europe. These systemic flaws had different manifestations at different levels of the system. The current CCP leadership is aware of these problems and has tried hard to avoid travelling down the same path of the Soviet Union, but tinkering with the same Leninist vanguard party is not going to ensure its survival. Instead, a new model of party building is needed to break the Stalin curse.
The Chinese authorities’ recent moves to regulate industries from internet platforms to tutoring to gaming have prompted fears of a new Cultural Revolution. Despite benign intentions expressed and a clear line drawn in the sand on history, what are people so afraid of? Zaobao associate editor Han Yong Hong ponders the question.
China has set itself the goal of achieving "common prosperity" in the coming years, after realising its goal of "building a moderately prosperous society in all respects". Chinese academic Luo Zhiheng describes this ideal society which is the opposite of a society plagued by a serious wealth gap — people should look forward to improving their quality of life and not worry about their basic needs; social safety nets should also provide basic livelihood protection for the disadvantaged groups. He outlines how China can realise this ideal by harnessing the strength of all who are able and who have "gotten rich first" during the reform and opening up process.
Despite slogans and sayings about how China has progressed and become “amazing” or “self-sufficient”, making strides in eradicating absolute poverty does not equate to rising affluence on the whole. Looking at GDP per capita figures, China still has some way to go, says researcher Chen Hongbin. He notes that the Chinese people should not get caught up in their own rhetoric, but keep a clear head and be aware of the actual situation.
As the Chinese Communists Party marks its 100th anniversary, the authorities are showcasing the legacy of five generations of party leaders, from Mao Zedong to Xi Jinping. An article published by a researcher at the Institute of Party History and Literature of the CPC Central Committee offered a glimpse of how these leaders are being evaluated by the party itself. Zaobao correspondent Yu Zeyuan takes a closer look.
On 1 July, a ceremony was held at Tiananmen Square in Beijing commemorating the 100th anniversary of the Communist Party of China. Chinese ambassador to Singapore Hong Xiaoyong shares his thoughts on the key tenets the party has abided by to bring the country this far, and how it will steer the country’s relations with other countries in the years to come.
Zaobao correspondent Yang Danxu journeys to Yan’an, northern Shaanxi — the old base of the Chinese Communist Party — ahead of the latter’s 100th anniversary on 1 July. She finds that Shaanxi speaks of the wins and woes of China’s development in recent years. Despite impressive economic growth, China is grappling with complicated problems such as urban-rural gaps and pockets of poverty in its vast hinterland.
US-based Chinese researcher Zhou Nongjian takes a close look at Biden’s US$6 trillion stimulus plans to improve the US economy and meet the challenge from China. He asserts that infrastructure-building and poverty assistance plans are stop-gap measures that will not address fundamental problems such as the US’s loss of industries and declining national strength. Is the US president putting the cart before the horse?