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The rise of China: Communist or capitalist?

The rise of China: Communist or capitalist?

Update: 2021-02-031
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In this podcast, Fred Weston – editor of marxist.com – discusses what attitude Marxists should take to the Beijing regime, and outlines the future perspectives for China, its working class, and the coming Chinese revolution.

China has risen rapidly to become a major global power. It now represents a serious challenge to US imperialism, which only 20 years ago claimed hegemony over world capitalism. The result has been an ever-deepening trade war between the two countries, which has escalated in recent months with the tussle over Huawei and Tik Tok.

Some argue that China’s ascent and development is a vindication of communism, presenting the potential for a new economic model.

But, in reality, China’s rise is being accomplished with all the same brutal capitalist methods used by every imperialist power in history: exploitation of the working class at home and abroad; repression against the Uighurs and Hong Kongers; and profit-seeking policies that are exacerbating the contradictions of the capitalist system worldwide.

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The rise of China: Communist or capitalist?

The rise of China: Communist or capitalist?

Socialist Appeal