MercoPress. South Atlantic News Agency

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  British_Kirchnerist

  ““This big boss at least is talking like a human being. I won't comment on the rest,” well-known Chinese journalist Gong Xiaoyue said via micro-blog”
  
  That such comments are being made shows Chinese society is far less monolithic and totalitarian than often portrayed. I hope one day China's politics will become more like Latin America's democratic socialism, but the idea it will be another Russia, let alone that a Yeltsin style collapse would be a step forward for it, is just right wing wishful thinking. Interesting Dispatches on Channel 4 on Monday though, it seems Bo Xilai may be have been set up, wonder if we'll hear more of him in future? Deng was much older than Bo when he made his final comeback...

  Nov 16th, 2012 - 06:37 pm - Link - Report abuse 0
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  Forgetit86

  Russia became the oligarchy it is today when wealthy men bought off its resources during the post-Soviet days of privatization frenzy. It honestly doesn't look like China will pass through something like that. Its economy is state-controlled, but even if its big SOEs are one day privatized, more likely than not it will not become a second Russia because monopolies in the service/manufactures sectors are harder to maintain, and these are China's most important sectors and the ones that produce its trade surpluses (in Russia, it's mainly gas and oil that do that). China has modeled its development model after that of Japan and other developmental states in Asia. My guess is that it is those countries, not Russia, that China will resemble.

  Nov 16th, 2012 - 11:12 pm - Link - Report abuse 0
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