Why is China opening up their economy?

Service jobs keep money in the country and employ more people.

Microsoft going to china and selling it's software does nothing for the economy except extract wealth from the country.

Capitalism is a stepping stone to socialism friend, dialectical materialism and such

en.wikipedia.org/wiki/Mercantilism
Educate yourself

Dumb as a quebecer
They are the most capitaliste nation on earth, the difference being it's state capitalism

>Microsoft going to china and selling it's software does nothing for the economy except extract wealth from the country.
This is true for china selling it's products overseas into other countries.

It was a part of their 5 year plan

Invented by FDR

if your worst enemy is also your biggest moneymaker, it makes you think twice about a lot of things.

Trump doesn't understand this concept.

Attached: EhKzjb0X0AI0zTZ.jpg (828x533, 73.97K)

>They are the most capitaliste nation on earth
Explain how

For the actual business owners, there's virtually no restrictions at all as long as they tow the CCP party line. Virtually no labor rights or worker protections to speak of, and the owners of the businesses are the same people who run the country since you need to have tight connections to the Party.

>Virtually no labor rights or worker protections
lol what
friendsclb.org/labor-rights-in-china#:~:text=Workers have the right to,pay for equal work, and
China's wages also have only increased over the years

>communism goes wrong
>capitalists: communism is shit
>communists: this is not real communism
>communism goes right
>capitalists: this is not real communism

This will go on forever

It's literally illegal to unionize or strike in China.

Not true
They just all fall under the All China Federation of Trade Unions

>They just all fall under the All China Federation of Trade Unions
AKA a propaganda device of the CCP that forbids striking and is nothing more than a mouthpiece of the Party. A non-independent trade union is worth shit.
>The China trade unions persist in consciously accepting the leadership of the Communist Party of China, shoulder the political responsibility of uniting and guiding the workers and the masses to listen to and follow the Communist Party of China, and consolidate and expand the class basis and mass basis of the Communist Party of China’s governance.
Yeah that doesn't sound like a CCP puppet at all

>faggot leftists can't ruin industry with muh unions
China sounds pretty based ngl.

Yes, as I asserted in my other post
China is actually an extremely capitalist country, perhaps even more so than countries like the US that at least have independent trade unions and allow striking.

>Yeah that doesn't sound like a CCP puppet at all
So tell me, how are the CPC interests the same of the capitalist class and not that of the peasants or the proletariat

You do realize private firms within China are required to form a CPC commite council
That same council is above the largest stockholders
Capitalist countries don't do this

Attached: 20200913_203148.jpg (751x619, 87.74K)

This also shouldn't be happening in a capitalist country

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>how are the CPC interests the same of the capitalist class
Because they are the same people. All of the leadership of the Party are rich and every single member of the "capitalistic class" in China has tight connections with the Party even if they themselves are not members.
>not that of the peasants or the proletariat
Well I'd say that outlawing striking, outlawing independent unionization and not providing a safe working environment at all is probably not in the workers best interest

So what? The Nazi party also required all businesses to be in compliance with party rules, and all upper level businessmen were either party members or at least closely tied with it, just like in China. That doesn't mean they weren't capitalist either.

Actual left wing people are arrested and killed.

>Because they are the same people. All of the leadership of the Party are rich
Proof? How much of the Politburo are billionaires?
Especially with Xi's anti corruption campaign
>not in the workers best interest
You're still thinking in terms of a developed country
China is still filled with peasants, why aren't these capitalist stopping the poverty reduction campaign or even China's economic policies?
But, I just recommend you do some reading on China's economy
docs.google.com/document/u/0/d/1VEeabfuAeAt_NU5KNHmGh0c9MKrQaIgtXExxmhmur68/mobilebasic

Their companies are finally prepared to compete in international markets. Of course, it heavily depends on the sector.

Actual left wing people? Name some, because the only people who were banished from the party were either rightist or those calling for even more liberalization

If China was so dead set on being a capitalist country why would they keep the communist party of China in control?
It literally does them no good, Deng could've easily did the same thinf as the USSR and dissolved the CPC and lived a good life in the west like that pizza hut faggot did

>why aren't these capitalist stopping the poverty reduction campaign or even China's economic policies?
Why would they? The entire reason Xi runs the anti-corruption campaign is because of how endemic the incestuous relationship between the Party and business is in China, it's actually getting to the point where the Party has to save face publicly by executing the most visible cases. They're profiting immensely off the dirt cheap labor of the Chinese workers, and will likely continue to do so because China can only continue being the industrial superpower it is as long as wages are low and protections scarce, otherwise just like in the West the manufacturing becomes economically unfeasible. Are you implying that no capitalist country has ever had any sort of social program or economic protectionist policies?

And it was true. Stealing is literally a stage in development that every country went through. American industrial dominance was in areas like steel and textiles was built through stealing trade secrets from great britain and cheap labour.

The CCP insists it’s not really capitalist because the party retains control over enterprise even if it does let capitalist forces coexist in and alongside it. It’s something like a Socialist market economy so you’re right (aside from your snarky crapitalist quip) and you can ignore those responding to you.

Why do you guys insist on saying the dumbest things just to go over orange man?

>They're profiting immensely off the dirt cheap labor of
Which is why that labor itself is no longer dirt cheap...
>it is as long as wages are low
OK
amp.scmp.com/economy/china-economy/article/3023724/china-increases-minimum-monthly-wages-despite-soaring-costs

Actually, most of the modern innovations in industry were invented in America.

> ITT: people who don’t actually know what capitalism means or economics at all really
Just move to the next thread unless you’re interested in some analysis from our resident Zig Forums economists

>SCMP
lmao

>Are you implying that no capitalist country has ever had any sort of social program or economic protectionist policies?
I'm not arguing that, what im arguing is that China is supposedly the most capitalist country on earth
even with systems like this in place
twitter.com/isgoodrum/status/1043159032935006208?s=19
SCMP isn't state owned and has writers who shit on China