So, what can we say about Xi? Xi Jinping is heavily guided by Marxist theory, particularly as viewed through a Chinese lens. While Marx called for capitalism to be entirely overturned, the first leader of economic reform in China, Deng Xiaoping, stated, “Both planning and the market are economic means. The essence of socialism is to liberate the productive forces, develop them, and eliminate them. Eliminate exploitation, polarization, and ultimately achieve common prosperity.”
Xi has clearly stated that China will move away from its previous economic trajectory beginning in 2021, and this is what has happened.