Wednesday, November 17, 2010

The Success of China

It is apparent that, in China, the gap between the Haves and Have-nots is widening. Communism in China seems to be operating under a capitalist system. The ideology of socialism, they dissemble of, seems to be not the one they are aiming for. Funnily enough, for the past decade, the kind of methodology they are following, makes us feel that the Americans seems to be more socialist and the Chinese are of more in the capitalist mold. All these thoughts arise when the Asian games is played in the city of Guangzhou, a city that was relatively lesser known than Beijing or Shanghai. However, the enormous high-rises and the business establishments in the city makes one to take note in awe. If you had thought the Communist party or the Government owned the infrastructure, then you are utterly wrong; on the other hand, private parties own every building or business establishment there. The Government has always welcomed a foreign establishment wholeheartedly to invest in China and that has yielded a great deal in China’s enormous economic growth. China, remember, is the biggest Economy and only a few days ago, the Chinese president Hu Jintao displaced the American President as the most powerful person in the universe in the Forbe’s list.

Everything in China manifest that even the communists are inclined to capitalism and if China is gaining by that, it is well and good. However, the worrying factor in China is the human rights issues and the divide between the rich and the poor.

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