{"id":5835,"date":"2022-10-07T22:00:00","date_gmt":"2022-10-07T22:00:00","guid":{"rendered":"https:\/\/asiaposts.com\/commentary-xis-path-for-china-economic-recovery-could-differ-from-four-decades-of-reform-and-opening-up\/"},"modified":"2022-10-07T22:00:00","modified_gmt":"2022-10-07T22:00:00","slug":"commentary-xis-path-for-china-economic-recovery-could-differ-from-four-decades-of-reform-and-opening-up","status":"publish","type":"post","link":"https:\/\/asiaposts.com\/commentary-xis-path-for-china-economic-recovery-could-differ-from-four-decades-of-reform-and-opening-up\/","title":{"rendered":"Commentary: Xi\u2019s path for China economic recovery could differ from four decades of \u2018reform and opening up\u2019"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><span><span><span><span lang=\"EN-NZ\" xml:lang=\"EN-NZ\"><span><span>First, the era of Mao Zedong and class struggles. Professor Wang Guang of the Academy published an article on Sep 6 seen as justifying the revival of class struggles, where the rich could be seen as the enemy of the people and whose wealth should be taken and redistributed. <\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span lang=\"EN-NZ\" xml:lang=\"EN-NZ\"><span><span>In the 1950s, private firms were pressured to move towards joint public-private ownership, almost eliminating the entire private sector while China headed for economic disaster during the Great Leap Forward. <\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span lang=\"EN-NZ\" xml:lang=\"EN-NZ\"><span><span>Second, the Ming-Qing dynasties and their isolationist policies. Academy authors defended bi guan suo guo (closing borders and locking up the country) as pro-active self-defence to prevent China from the invasion of foreign imperialism, fuelling discussion on whether China will eventually open up. <\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span lang=\"EN-NZ\" xml:lang=\"EN-NZ\"><span><span>A third option is the era of Stalin. Wang Weiguang, former president of the Chinese Academy of Social Sciences, proposed to \u201ccorrectly understand and scientifically evaluate\u201d Joseph Stalin ahead of his 70th death anniversary in March 2023, which could spark discussion on a return to the disastrous Soviet planned economy.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span lang=\"EN-NZ\" xml:lang=\"EN-NZ\"><span><span>The forthcoming National Party Congress will tell whether Xi would indeed secure an unprecedented third term and where Xi\u2019s third term could take China economically. <\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span lang=\"EN-NZ\" xml:lang=\"EN-NZ\"><span><span>But with a fresh \u201chistorical self-confidence&#8221;, Xi\u2019s plan to double China\u2019s GDP and per capita income by 2035 would probably take a different path from the last four decades.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><em><span lang=\"EN-NZ\" xml:lang=\"EN-NZ\"><span><span>Professor Bo Zhiyue is founder and president of the Bo Zhiyue China Institute, a consulting firm providing services to government leaders and CEOs of multinational corporations, and an author on China\u2019s elite politics.<\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/p>\n<\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] First, the era of Mao Zedong and class struggles. Professor Wang Guang of the Academy published an article on Sep 6 seen as justifying the revival of class struggles, where the rich could be seen as the enemy of the people and whose wealth should be taken and redistributed. In the 1950s, private firms [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,20,64,6],"tags":[41,221,263,127,107],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Commentary: Xi\u2019s path for China economic recovery could differ from four decades of \u2018reform and opening up\u2019 - Asia Posts- Trending Post Of the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/asiaposts.com\/commentary-xis-path-for-china-economic-recovery-could-differ-from-four-decades-of-reform-and-opening-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commentary: Xi\u2019s path for China economic recovery could differ from four decades of \u2018reform and opening up\u2019 - Asia Posts- Trending Post Of the World\" \/>\n<meta property=\"og:description\" content=\"[ad_1] First, the era of Mao Zedong and class struggles. 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