søndag 4. juli 2021

The CCP Can’t Take Credit for China’s Phenomenal Economic Growth

On the eve of its centennial, the Chinese Communist Party (CCP) claims that its greatest achievement, the one that justifies its legitimacy above all others, is the miracle of economic development. The party takes credit for having brought wealth to hundreds of millions of Chinese people. There is no dispute that the majority of Chinese now enjoy a level of prosperity unthinkable 30 years ago. The heavy lifting that built that success, however, has been done by the Chinese people themselves, not by the CCP, despite its attempts to steal the limelight.

As I told Isvestia earlier this month, “The people of China have developed in spite of, not thanks to the CCP. And it is important to remember that the role of the CCP in the development of the economy was not so much what it did, but what it did not do.”