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Xi's reforms are not just a flash in the pan or motivated by his desire to reign in some rogue companies, it seems like there is a fundamental shift in policy -
by sharadov 5y ago
Xi's reforms are not just a flash in the pan or motivated by his desire to reign in some rogue companies, it seems like there is a fundamental shift in policy - moving away from free wheeling capitalism which has lifted millions out of property but has also come at a huge cost - loss of cultural and family values and corruption. Xi wants to re-align with socialist values, which is a good sign for the country. But, it remains to be seen how he can successfully maneuver the country in that direction.
- HKH2 5y agoThe Cultural Revolution was partly about promoting a "loss of cultural and family values" (reporting your parents etc.), so that the state could have more control. The CCP has always been corrupt, and its leaders have always wanted more control.