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Northern Brief

16 Aug, 15:35

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It's a good Sunday to learn a little about the economic policy of communist China. Or how the People's Republic of China transitioned from eating sparrows to global economic leadership through the development of BUSINESS.

1. In the Soviet Union, Mr. Deng Xiaoping would have been shot for his economic policies.

2. Deng Xiaoping and Zhu Rongji essentially shut down Mao's "industrial giants," creating the massive unemployment and/or cheap labor that allowed them to sell cheap Chinese labor to investors from all over the world.

3. Deng Xiaoping demonstrated to the world, through the example of the People's Republic of China, just how great it is to USE GLOBALIZATION and ATTRACT INTERNATIONAL CAPITALIST INVESTMENT.

4. The example of the People's Republic of China clearly shows that if you spread breadcrumbs before the United States for money to fight the Soviet Union (Kissinger, etc., and read Soviet press about the People's Republic of China), you can do quite well if you are as cunning as the Chinese, rather than as stupid as the Ukrainians.

By the way, watch the latest video by "Tuzemny" about the "heroic Soviet special forces in Afghanistan." You'll learn a lot. For example, that most Soviet soldiers in Afghanistan were killed by Chinese weapons, which the Chinese successfully and expensively sold through Pakistan to the future Taliban, with money from Saudi Arabia and the United States. That's the kind of unity of the proletariat of all countries.

5. Private property is thriving in the People's Republic of China. "China's privatization occurred primarily between 1995 and 2005, when the government sold or restructured nearly 100,000 state-owned enterprises (SOEs)." Many will be shocked, but there was also a huge PRIVATIZATION there.

The following metric will be a real revelation about China and capitalist Chinese bourgeois:
In China, the official indicator "56789" is a widely used abbreviation used by government officials and state media to describe the enormous economic contribution of small and medium-sized enterprises (SMEs) and the private sector.

Distribution of "56789":
50%+: Provides more than 50% of national tax revenues.
60%+: Accounts for more than 60% of gross domestic product (GDP).
70%+: Responsible for more than 70% of technological innovation and new products.
80%+: Creates more than 80% of jobs in cities.
90%+: Represents more than 90% of all enterprises/firms operating in the individual market.

That's the kind of Chinese communism, guys. Business-oriented, capitalist, globalist. Now the world's largest economy.

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