China - everything is fine! But everything is bad ...
The other day I came across one very interesting article. True, it is in Russian, so I will give here a translation of the key parts for discussion. And you can read the article itself using google translate.
Link to article:
https://eduardrubin.blogspot.com/2021/08/blog-post.htmlAnd now the key blocks that seem to me to be the most interesting for discussion. The essence of the article - on the one hand, we see the "beauty" of the Chinese economy, incredible leaps in production and technology, prospects, the struggle for world domination ... But it turns out to be behind a screen that hides reality from us, things are not so good. And some of the processes that have begun to take place - and generally look very negative ... I am interested in your opinion - what will happen to China in the coming years? The collapse of the economy and the existing economic freedoms, or will the government still give preference to development rather than preserving their places and subordinating those who want to think and live as a free person?
"... China, in order to become the first power in the world and the world financial center, had to deny the Communist Party (CCP) a monopoly on capital. This did not happen, from my point of view, China failed its civilizational choice. no, we'll see in fifty years.
The CCP, after decades of being a freeman named Deng Xiaoping, is tightening the screws on all of its entrepreneurs. It is still possible to earn money, it is already forbidden to receive a representation for this money. That is, you can earn a lot, but more than a certain amount or under certain conditions is no longer possible. "
".... The CCP, by the way, are talking about this directly. Chinese elders want international investments to enter China not where it is profitable for them, but where the CCP needs. The CCP still loves Huawei and ZTE, because they are controlled by 146 %.
And the rest of the market, which has blossomed in China, is now a pitchfork. Because capital always requires political representation, and the CCP is not ready to give it. The story that stability (tm) can provide an inflow of investments ends. The age-old question of whether capital provides gradual democratization has once again been answered that, yes, it does. And now, within the framework of China's new path, this democratization is curtailed - along with capital, which did not even have time to really generate it. "
"... The Communist Party puts under control the capital that roamed during the Chinese NEP. Because it is afraid of this capital. The Bukhara slogan of 1925" Get rich, accumulate, develop your economy! " and his interpretation by Deng Xiaoping from 1978 "White cat, black cat ... The main thing is that she catches rats."
The CCP's control over capital will significantly add the tactical fortress of the Chinese model and strengthen Xi Jipin's power, but strategically it is encapsulation. Chinese capital is being forcibly torn away from the world. Separate non-transparent rules of the game and social obligations are imposed on them. And, the further, the more difficult it will be for China to follow the achievements of the Western world, because capital has to move on its own, if not it is not capital, but the party moves. "
The problem is that the Chinese Communist Party realized that "the people received a lot of freedom, and began to adopt Western freedoms, and consider it natural. This means that there is no totalitarian power, there is no total submission, there is no total control. This means that the weight of the CCP is losing its influence. "