Has 70 Years Of Communist Rule Served China Well?

China has celebrated seven decades of rule by the Communist Party – but is the social and political ideology a success?

That probably depends on where you stand in Chinese society.

If you are a party member, communism has probably been good to you and your family.

But as the occasion was marked with a huge military parade in Beijing’s Tiananmen Square, police were firing tear gas, live rounds and rubber bullets in a bid to quell riots and civil unrest in Hong Kong.

While around 15,000 military personnel, 580 pieces of military equipment and 160 aircraft made an appearance at the parade, the streets of Hong Kong were lit by petrol bombs.

Military might on the streets

Following the military might was a procession of an estimated 100,000 people celebrating carnival style.

And although President Xi Jinping pledged ‘no force’ could shake China, the protests in the former British colony are seemingly doing just that.

China could easily squash the unrest by imposing martial law and by force of numbers.

But so far, the protesters have won concessions over new laws to extradite some people facing criminal charges to China.

The country was reborn as the People’s republic of China by Mao Zedong in October 1949, after years of savage civil war.

To fans of communism, the growth of the country’s economy has been remarkable and dragged China from feudalism into the modern age as the world’s second largest economy behind the United States.

Hong Kong lights a fuse for freedom

To denigrators, China is a reclusive and restricted society where ordinary people have lost their freedom to state control.

The future for China and the Communists is unsure, despite President Xi’s pledge.

Empire’s are built to fall is one of the most painful lessons from history, and China has done so before.

In a world where technology is transcending borders, just how long a repressive regime can keep the lid on a population of more than a billion remains to be seen.

Hong Kong is a tinderbox that could threaten to spoil the party and is a problem that is unlikely to go away. The nation has doubled down on a previous civil threat, but the tension is still simmering below the inscrutable surface.

Recent Articles

Bitcoin SV Celebrates A Year In Business

Bitcoin SV is a year old after successfully surviving a controversial cryptocurrency fork and going back to old values. The last and most expansive Bitcoin...

Trudeau Wins – Adding Another Minority Government To The List

Canada’s Justin Trudeau has won a second term as prime minister by the skin of his teeth in a federal election - but he...

Why Do ‘Official’ Interest Rates Matter So Much?

Every month, central bankers gather to vote on if interest rates should change - but how does this affect you and the economy? The fact...

Streaming TV Go To War In Battle To Win Viewers

The battle for viewers is about to hot up between streaming TV and movie services as several new players get ready to switch on...

$14.5 Billion Offer For Top People’s Jewellery Brand Tiffany

Luxury goods behemoth LVMH is closing in on the $14.5 billion take over of America’s only top people’s brand Tiffany. The board of the 182...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here