Commentary People in China, especially rich ones, are about to learn a new history and an element of communism the older generations had forgotten and the younger ones never knew. Over the past 40 years or so, it has been widely reported that former Chinese leader Deng Xiaoping sparked the rapid growth of China’s economy by announcing to the nation that “to get rich is glorious.” This came as a huge surprise and even shock to a nation whose wealthy people and even so-called “well off peasants” had been driven out, hounded, killed, and impoverished in the name of communist equality. Indeed, it was more than a surprise. It was relief and hope. Getting Rich The Chinese Communist Party (CCP) had promised a better life for all, but it had delivered only famine, torture, self-criticism, and the dunce caps and destruction of the Great Cultural Revolution. Even the schools and …
Spreading China’s Wealth
August 28, 2021
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Alibabachinese state-owned enterprisesDeng XiaopingOpinionThe Chinese Communist PartyThinking About ChinaViewpointsXi Jinping
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