China chases 'rejuvenation' with control of tycoons, society

Might work but might be the first rift between their totalitarian state and the many who have benefited from greater cultural and economic freedom that they have allowed over the past decade or 2n

This is ultimately good. Xi is doomed to fail and this accelerates the end. He is a communist true believer who idolizes Mao and is making many of Mao's mistakes. Younger Chinese with entrepreneural aspirations will see what has happened to Jack Ma and others and seek their fortunes somewhere else, somewhere where the party cannot confiscate their wealth or force them out of their own company. They certainly aren't going to look to the sclerotic state owned enterprises for guidance and inspiration as Mr. Xi expects them to. It is kind of funny to see a pudgy little putz likened to Winnie the Pooh worry about the manliness of Chinese males. Mr. Xi projects insecurity from every pore.

Xi is reviving the “utopian ideal” of early Communist leaders, said Willy Lam of the Chinese University of Hong Kong. “But of course, huge question marks have arisen, because this will hurt the most creative and lucrative parts of the economy.”

With the tightening of control on political expression in Hong Kong, Mr Lam there ought to be careful how much he purports "question" about the actions of Beijing... or else we'll soon be seeing a campaign to "Free Willy".

tighter party control over society and entrepreneurs.

Wishful thinking, but if some of the CCP entrepreneurs being more tightly controlled are those producing and distributing fentanyl worldwide, that would be a positive.

Looks like Chairman Xi and his Little Red Tablet are leading China into Cultural Revolution 2.0

Hopefully, we are seeing the desperate flailing of a dying regime and strongman

China chases 'rejuvenation' with control of tycoons, society

Rejuvination is just a fancy word for a return to a Maoist dictatorship. Eventually, Xi Jipings policy will kill the the Chinese economy, but before that we are in for dangerous times. CCP militarism looks ominous.

How can a old fashioned communist government continue to exist when its economic system is based on capitalist principles, or how can a capitalist system coexist with a communist government? Stay tuned.

If reintroducing ideas, revolutionary or otherwise, may result in equality of citizens and a more progressive society, why not?

Just be very cautious in its execution and implementation..

Never overact..

Ain't no stopping them now!

An ideal society created by killing or jailing anyone who doesn’t see it as ideal is not ideal.

You're going to lose it when you hear about what Western nations do to people who are undesirable.

Express sisterToday  05:17 pm JST

An ideal society created by killing or jailing anyone who doesn’t see it as ideal is not ideal.

You're going to lose it when you hear about what Western nations do to people who are undesirable.

There is a difference between expressing one's views against society, and comitting crimes.

Confiscating the wealth of the billionaires for the good of society doesn't sound so bad. In fact, many of the leading Democrat politicians in the USA demand the same thing with the same rationale.

Confiscating the wealth of the billionaires for the good of society doesn't sound so bad. In fact, many of the leading Democrat politicians in the USA demand the same thing with the same rationale.

Because the majority of a corporate executive's pay is in the form of stocks and stock options, and the fact that capital gains are taxed at lower rates than earned income, you find that the very wealthy in the US pay a smaller proportion of their income in taxes than middle income wage earners do. This was not the case in decades past when income from capital gains was taxed as earned income.

CCP-Chinese talk a good game, but they don't have any follow-through.

Wasn't Xi going to get rule of law across the country, regardless of party connections? Let me know when that happens. Please.

divinda: In Hong Kong, Lam is a female leader, BTW. That would be Ms. or Mrs. or Miss, depending on her choice. Never Mr.