Communist Party of China

Beijing takes private firms under its political wing

Beijing appears to be forcing private enterprises and their owners and stakeholders to adopt the same “political requirements” that apply to Communist Party members and state enterprises. The Party push comes after President Xi Jinping’s latest direction to ramp up the Party’s so-called United Front…

Socialist or capitalist: What is China’s model, exactly?

Near the end of his life, Lenin gave a speech that referred to the USSR as a transitional society. He explained that socialists had taken state power and could thereby take the post-revolutionary economy – which he labeled “state capitalism” – further. The socialists’ state…

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