China’s communist party has managed to survive by holding the banner of Marxism while enriching officials through ‘red’ capitalism.
When China had to reform its state-owned enterprises, it went with corruption and coverup, according to scholar Cheng Xiaonong.
China’s communist party has managed to survive by holding the banner of Marxism while enriching officials through ‘red’ capitalism.
When China had to reform its state-owned enterprises, it went with corruption and coverup, according to scholar Cheng Xiaonong.