Socialism

A woman takes a picture next a tree decorated with paper lanterns at the entrance of a park in Beijing, China, on 26 January 2023. (Wang Zhao/AFP)

What is China’s 'new era'? [Part 1]

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.
People read a newspaper covering the 20th Party Congress of the Communist Party of China at a public display stand in Beijing, China, 24 October 2022. (Thomas Peter/Reuters)

Xi's CCP practises Leninism of the 21st century. But could it end up as empty talk?

East Asian Institute senior research fellow Lance Gore observes that “Xi Jinping Thought” is really Leninism of the 21st century, or an amalgam of dictums that bear the risk of stifling social vitality and creativity. Not only that, a high concentration of power is a strength but also a weakness if cadres are afraid of deviating from the views of “the great leader”.
People use their mobile phones outside a closed down business in Hong Kong on 1 November 2022. (Peter Parks/AFP)

Hong Kong's left turn could hit its financial centre status

Commentator Lew Mon-hung explores seven contradictions that he observes in the “one country, two systems” policy for Hong Kong, including the stand on the private sector, governance issues, and the dynamic zero-Covid policy. All of these factors have had an impact on Hong Kong, and it remains to be seen how these points will be addressed to ensure the special administrative region’s growth.
People walk at an alley in Qianmen street in Beijing, China, on 2 October 2022. (Noel Celis/AFP)

Can China really catch up with the US?

China has great motivation to achieve its China Dream of catching up with and surpassing the US. Not only would this wipe away its century of humiliation but also prove the superiority of socialism. However, its actions could make achieving its dream that much harder.
Chinese President Xi Jinping speaks during the opening session of the 20th Party Congress at the Great Hall of the People in Beijing, China, on 16 October 2022. (Noel Celis/AFP)

What’s new in Xi Jinping's 20th Party Congress report

The Chinese Communist Party (CCP)’s 20th Party Congress opened with CCP General Secretary Xi Jinping giving a summary of the party report, during which he highlighted the key achievements over the past five years, as well as the way forward. Zaobao correspondent Yu Zeyuan takes us through the key points and what to expect over the next few days.
A farmer picks ears of rice left over by a paddy harvester as the region experiences a drought outside Jiujiang city, Jiangxi province, China, 27 August 2022. (Thomas Peter/Reuters)

Chinese netizens debate: Should China abandon the market economy for a ‘people-oriented’ economy?

Chinese agricultural economist Wen Tiejun has landed in hot water after proposing the concept of a “people-oriented” economy. Critics believe that this is moving away from China’s reform and opening up, while others see the benefits towards common prosperity. Zaobao correspondent Yu Zeyuan tells us more about the maelstrom of controversy ahead of the 20th Party Congress.
A Chinese flag flutters near people lining up to get tested at a makeshift nucleic acid testing site, amid the Covid-19 outbreak in Beijing, China, 18 May 2022. (Carlos Garcia Rawlins/Reuters)

Can capitalists ever feel at ease in socialist China?

The Chinese Communist Party has yet to resolve in theory and in practice two great issues: the ever widening rich-poor divide and the question of capitalists’ place in a socialist market economy. This is why the slogan "common prosperity" caused widespread panic across the private sector when it was first put forth. How will the authorities prove that “the rich will never be robbed in order to help the poor”?
A screen displays a CCTV state media news broadcast showing Chinese President Xi Jinping addressing world leaders at the G20 meeting in Rome via video link at a shopping mall in Beijing, China, 31 October 2021. (Thomas Peter/Reuters)

Xi Jinping's misguided return to ideology

East Asian Institute senior research fellow Lance Gore argues that two contexts made Xi’s resurrection of ideological orthodoxy almost inevitable — Leninist party rule and China’s rise on the global stage. But Xi’s return to ideology may be to China’s detriment, as it could reverse achievements of the reform and opening up era, and also set China on a collision course with Western liberal democracies.
A Chinese flag flutters near people lining up to get tested at a makeshift nucleic acid testing site, amid Covid-19 outbreak in Beijing, China, 18 May 2022. (Carlos Garcia Rawlins/Reuters)

Why Xi Jinping's bold experiments with socialism are commendable

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.