China: September 25, 2000

Archives

Zhongliu, the official monthly magazine of the Chinese Communist Party, laments that businessmen are joining the party in droves in order to improve their business connections and gain control over government industries and contracts. Articles in the magazine note that 36 of the 52 Communist Party Cells (district offices) are now controlled by businessmen and that half of new party members in coastal and rural districts owned businesses at the time they entered the party. The real complaint is not that businessmen are entering the Party, but that they are gaining control over the state industries that the Party has considered its private slush fund. The Chinese Communist Party abandoned its political ideology a decade ago and has become in effect simply a feudal system of lords collecting huge profits that would be called corruption anywhere else.--Stephen V Cole


X

ad

Help keep us a float!

Your support helps us keep our ship a float. We appreciate anyway you chose to help out. Visit us daily, subscribe, donate, and tell your friends.

You can support us in the following ways:

  1. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  2. You can contribute to the health of StrategyPage.
  3. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on X.
Subscribe   Contribute   Close