econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

China Leadership Purge: Maoists Out, Liberals In

admin by admin
3월 16, 2012
in 미분류
0
0
SHARES
0
VIEWS

Econintersect: In an uncharacteristic candor, Chinese Premier Wen Jiabo warned in a press conference on Wednesday, March 14, 2012 that China risks another tragedy like cultural revolution unless both economic and political reforms are carried out. Xinhua the official Chinese agency quotes Wen Jiabo warning:

“Reforms in China have come to a critical stage; without a successful political reform, it’s impossible for China to fully institute economic reform and the gains made in these areas may be lost. New problems that popped up in the Chinese society will not be fundamentally resolved, and such historical tragedies as the Cultural Revolution may happen again in China….

…People must always bury in mind China’s national circumstances and develop the socialist democracy in a step-by-step manner.

In a dramatic reversal of the current top down command process Wen advocates a bottoms up process:

“China will unswervingly implement the rural villagers’ self-governance system and protect their legitimate rights of direct election. The practices at many villages showed farmers can succeed in directly electing villagers’ committees.”

In a frontal attack of the arm twisting Maoists methods he goes on to add :

“I believe China’s democracy will develop in a step-by-step manner according to the national circumstances and the trend is unstoppable by any force.”

The next day, the poster boy of the Maoist camp Bo Xilai, a contender to the Communist Party top post was sacked. However for the liberal Wang Yang, who many believe might get the top post the struggle is not over yet. Wan Yang has been praised for his peaceful handling of a village revolt over alleged land appropriation . The power struggle between the “new left” which Bo Xilai symbolizes and the liberals symbolized by Wan Yang is not over yet.

Wen Jiabo does not believe that the change is going to be smooth:

“We should encourage people to follow the path to experiment boldly and withstand tests in practice”

An earlier article in Econintersect had compared the top down command approach of China versus the bottoms up approach of India to drive economic development.

Econintersect Staff

Sources:
Wen says China needs political reform, warns of another Cultural Revolution: Xinhua
Bo Xilai’s Ouster Shows China Leaders Fear Specter of Mao: Bloomberg
China Purge Sets Up Scramble at Top: Wall Street Journal
Chindia- A Story Of Contrasts. A Perspective View from India: Econintersect
Previous Post

Any One Else Left Guessing What Monday Has In Store For Us?

Next Post

India Growth Story : An Indian Rope Trick?

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

India Growth Story : An Indian Rope Trick?

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect