Xi Jinping Tightens Grip on Economy, Moves China Toward Maoism

Xi Jinping Tightens Grip on Economy, Moves China Toward Maoism
Chinese leader Xi Jinping applauds at the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China, on March 5, 2022. Carlos Garcia Rawlins/Reuters
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News Analysis

After the death of Mao Zedong, Deng Xiaoping liberalized the Chinese economy, fostering China’s transformation from one of the poorest countries in the world to the number two economy. The Chinese Communist Party’s (CCP) 2022 Work Report suggests that Deng is being erased, as Xi Jinping drives the country back to the authoritarian days of Mao.

Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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