In 2016, the Chinese Communist Party celebrated over sixty-seven years in power. Founded in 1949, the People’s Republic of China has been able to survive terrible human tragedies and political upheavals. Examples include the Great Famine and Mao’s Cultural Revolution of 1966-76. While China modeled its system after the Soviet Union, the leadership of the Chinese Communist Party has been unique in overcoming its tragedies, and China has emerged as a powerful and dynamic superpower under the Party. In 2013, the Party consisted of over 85 million members, more than double that of membership during Chairman Mao’s rule. Its current President, Xi Jinping, is facing immense challenges stemming from its economic woes and Western-influenced growing
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Specifically, President Xi Jinping should shift China’s economy from investment in exports towards innovation and increased consumption. Once investment is reduced, people must be incentivized to pursue private consumption to bring money back into the economy. However, decreased investment will lead to people losing their jobs. In 2009, the Chinese Communist Party focused its policy strictly around increasing investment, refusing to accept the inevitable deflation. The stimulus package worsened the situation. Besides for reforming China’s economy, President Xi Jinping must also correct the rising government corruption. The future of the Chinese Communist Party depends on the potential of the economy and how confident the Chinese feel with its current leadership. The Chinese Communist Party will suffer from a revolution within the next twenty years because of an increasing dependence on exports and an overall lack of insight into the views and feelings of its …show more content…
Deng’s pragmatic solutions called for “professionalization” and economic reform. As a realist, Deng established a strong market and began the much-needed modernization of China. While Deng believed capitalism would be beneficial to China, he still remained a committed Communist until his death in 1997. Throughout his tenure, Deng never had regrets and always believed his decisions were the best for China. When the Twelfth CC’s Sixth Plenum met in late September, China’s leaders passed a highly ambivalent, middle-of-the-road resolution on “building a socialist society with an advanced culture and ideology.”[15] In this document, the four cardinal principles were exalted and bourgeois liberalization was condemned. However, the document also stressed the importance of promoting intellectual freedom, democracy, socialist humanism, and learning from advanced capitalist countries.[16] This contradictory document gave a glimpse into Deng’s mind. He believed in capitalism but it was hard to institute America’s capitalism into China. In the early 1990s, China was in a precarious situation. The public was still bitter about the government’s response to the Tiananmen Square Protests in June 1989, the Soviet Union had collapsed, and the future was very uncertain for Deng’s Communist Party. Although many Party members were alarmed by the international world and wanted to remain isolated,
Specifically, President Xi Jinping should shift China’s economy from investment in exports towards innovation and increased consumption. Once investment is reduced, people must be incentivized to pursue private consumption to bring money back into the economy. However, decreased investment will lead to people losing their jobs. In 2009, the Chinese Communist Party focused its policy strictly around increasing investment, refusing to accept the inevitable deflation. The stimulus package worsened the situation. Besides for reforming China’s economy, President Xi Jinping must also correct the rising government corruption. The future of the Chinese Communist Party depends on the potential of the economy and how confident the Chinese feel with its current leadership. The Chinese Communist Party will suffer from a revolution within the next twenty years because of an increasing dependence on exports and an overall lack of insight into the views and feelings of its …show more content…
Deng’s pragmatic solutions called for “professionalization” and economic reform. As a realist, Deng established a strong market and began the much-needed modernization of China. While Deng believed capitalism would be beneficial to China, he still remained a committed Communist until his death in 1997. Throughout his tenure, Deng never had regrets and always believed his decisions were the best for China. When the Twelfth CC’s Sixth Plenum met in late September, China’s leaders passed a highly ambivalent, middle-of-the-road resolution on “building a socialist society with an advanced culture and ideology.”[15] In this document, the four cardinal principles were exalted and bourgeois liberalization was condemned. However, the document also stressed the importance of promoting intellectual freedom, democracy, socialist humanism, and learning from advanced capitalist countries.[16] This contradictory document gave a glimpse into Deng’s mind. He believed in capitalism but it was hard to institute America’s capitalism into China. In the early 1990s, China was in a precarious situation. The public was still bitter about the government’s response to the Tiananmen Square Protests in June 1989, the Soviet Union had collapsed, and the future was very uncertain for Deng’s Communist Party. Although many Party members were alarmed by the international world and wanted to remain isolated,