Commentary The Chinese Communist Party (CCP) has plunged into its own civil war. It is between the “ultra-Maoists” around CCP leader Xi Jinping and the “liberals.” The outcome will be massively disruptive for the Chinese population and for nations which depend economically on China. The “ultra-Maoists” are in the ascendant, leading China toward a new era of isolation from the world, possibly worse than the Mao Zedong era from 1949 to 1976. The battle lines have been drawn over the direction of the country between the “ultra-Maoists” within the CCP leadership and the more market-oriented “liberals.” This growing polarization mirrors the “nationalist-globalist” split seen in many Western societies in recent years, but with “Chinese characteristics,” different causes, and the probability of violence. The “ultra-Maoists” around Xi recognize that China has already depleted its foreign exchange reserves as well as its control over food and water. Hard currency holdings are believed …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta