“Despair” spreads in China．．．The shocking contents of the resolution of the Third Plenary Session of the 19th Central Committee of the Communist Party of China “A winter of terror and exploitation like that of the Soviet Union under Stalin has arrived．”
Following the Third Plenary Session of the 19th Central Committee of the Communist Party of China (CPC), the resolution adopted at the Third Plenary Session, “Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese Modernization,” was announced on July 21. This will be the basis for the communique released on the 18th, and it provides relatively detailed information about the policies that Xi Jinping will adopt in his third term. I read the whole thing and it was absolutely horrible and hopeless. This is not just my personal opinion, but can also be seen when looking at the reaction of China A-stocks. (Kaori Fukushima: Journalist) As I mentioned in my previous article, this resolution of the Third Plenary Session of the 19th Central Committee of the Communist Party of China is a declaration of the end of Reform and Opening Up. Or perhaps it is a kind of “death sentence for the Chinese economy.’’ From now on, state-owned capital and state-owned enterprises will have more advantage and will become stronger, the government will strengthen its control over the market, and it will squeeze more taxes out of private enterprises and the people. I think the party’s thinking is reflected in the expression “Let go of life and live, manage to live,” which I would be tempted to translate as “so as not to let go of life and not to kill.” The proposal was enough to drive people into despair, as it gave the party centralized control over everything, including the economy. (Excerpt below) The central government will “control but not rescue” local governments. The word “norm” appears about 26 times in the Third Plenum, but judging from the context, it has the nuance of regulation or control, and central government regulation and control of local tax revenue management and non-tax revenue management will be strengthened. In other words, the central government will be given the right to collect taxes, allowing them to extract money from private enterprises and the people, but at the same time, local governments will not be allowed to use financial resources freely and will be subject to strict central government supervision. Local governments would be left to the wicked task of raising taxes and squeezing the money out of the people, but they would have less freedom in how they spent their financial resources. If that happens, the local economy will likely suffer even more. Tax incentives that local governments have implemented at their own discretion to attract private businesses will also be reviewed, and this is a de facto declaration of a tax increase, which will reduce people’s disposable income and lower consumer demand. This will wipe out the middle class that began to appear in rural areas after the Reform and Opening Up, and will accelerate the return of the equally impoverished socialist era. This trend is not unrelated to foreign companies and foreign capital. What it means is that foreign companies and foreigners who pledge loyalty to the Chinese Communist Party and abide by China’s rules, values, and order will be given the fruits of opening up and will be treated as Chinese nationals, but this is on the condition that they obediently accept the domination, management, and control of the Chinese Communist Party, just like Chinese nationals. China will create new international business rules, and as long as you follow them, you will be allowed to do business in China. When we analyze each of the policies put forward at the Third Plenary Session in this way, we get the sense that China’s era of liberalization and high economic growth, which the international community dreamed of in the 1990s and 2000s, has come to a complete end, and a long period of economic stagnation and a winter of exploitation, similar to that of the Soviet Union under Stalin, has arrived. Is the Japanese government crazy? Incidentally, just as many Chinese businessmen and investors were feeling despair, at the end of the Third Plenary Session of the 19th Central Committee of the Communist Party of China, it was announced that Japan and China had agreed to cooperate on vaccine development. I wondered if the Japanese government was crazy. If this agreement is indeed influenced by “hostage diplomacy,” such as the outcome of the trial of the Astellas Pharma executive who was arrested in China in March 2023 on suspicion of espionage and is currently indicted and detained, it would mean that Japan is already coming under the control of this era of terror. I felt an indescribable despair about Japan’s future. Read the full story at the source.
The source site is just a long line of random doodles of one person’s ideas. >>If 1 is true, then this is what communist China is really like, and it’s not particularly surprising. I’m sure there are many liberal countries that will take advantage of high domestic demand.
They’ve already been squeezing private companies and the people for a long time, and the return to the equally impoverished socialist era is accelerating. Still, I find it strange that there are still idiots like Takemi, the Hokkaido Governor, and Tokura who are completely dependent on China.
As expected, Fukushima Kaori is an excellent China watcher. I’d like to read more in-depth articles, but the pro-China faction of the LDP is crazy lol. Are they planning to commit suicide together? There are a lot of them in the opposition party too, so what should we do? Fukushima needs to be careful not to get arrested in China lol.
Aso and Abe advocated the Free and Open Indo-Pacific Strategy in cooperation with the UK and the US, in order to oppose Yukio Hatoyama’s East Asia Community (Greater East Asia Co-Prosperity Sphere to confront the UK and the US), you can understand that the Free and Open Indo-Pacific Strategy is not right-wing, of course.
It’s traditional to purge talented people during events like the Cultural Revolution and the Great Leap Forward. That’s why only concentrated idiots are left, so the current situation is probably reasonable lol.
Wearing Mao suits and cycling, doing Tai Chi in the square in the morning. Playing mahjong on the street in the afternoon. This was everyday life 30 years ago.
Even pro-China people aren’t connected by political beliefs, it’s all about money in the end. Once it collapses, it’s very fragile. Just look at Russia, China and North Korea and you’ll understand lol.
In the case of China, I don’t think it’s simply due to the one-party dictatorship of the Communist Party. I believe that a centralized system in an unnecessarily large country with a large population will only have the effect of eradicating the unique characteristics and advantages of each region. It would be best if the country were divided into around 12 countries and each were able to develop according to its own capabilities, but that is difficult with a centralized system, and the negative effects of incompetent leaders are enormous.
Prohibit entry and naturalization from countries that are invading Japanese territory. Prohibit entry and naturalization from countries with higher crime rates than Japan.
Elimination of capitalism, hunting down the wealthy class The quiet beginning of the Cultural Revolution We are inevitably returning to our old ingrained ideas Even though they talk about a proletarian revolution, it is actually to avoid responsibility for the economic failure of the bubble collapse and to protect themselves They want to purge those who resist with force I don’t know if it will end quietly, but from now on we will go back to the time before the Reform and Opening Up
They were required to wear Mao suits, owning cars was prohibited and people were forced to switch to bicycles, and dissatisfied people were hanged and executed.
About 200 million elderly people are likely to die in the next ten years? Japan’s population is also declining, but China’s population structure is skewed in many ways, so the decline is likely to be more severe. The issue of pensions for the elderly will become a very hot topic.
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