After the crack down the market reforms were halted. Instead of a full capitalist society, the Chinese ''Communist'' Party choose a state-capitalist model. They call it Socialism with Chinese characteristics. In reality socialism never came to China, many party members became business leaders and embraced the new capitalist dream. Deng Xiaoping said that socialism does not mean equality, but fast economic growth. Revolutionary socialists rather call it state-capitalism with Chinese characteristics!
|Name||Net worth (US)||Sources of wealth|
|1||Zong Qinghou||$10 billion||Wahaha|
|2||Chen Shih-yu||$8.1 billion||Kelly Chen Cosmetics|
|3||Wang Jianlin||$8 billion||Dalian Wanda Group|
|4||Ma Huateng||$6.4 billion||Tencent|
|5||Wu Yajun||$6.2 billion||Longfor Properties|
|6||Liang Wengen||$5.9 billion||Sany|
|7||Liu Yongxing||$5.8 billion||Hope Group|
|8||Hui Ka Yan||$4.9 billion||Evergrande Real Estate Group|
|9||Yang Huiyan||$4.4 billion||Country Garden Holdings|
|10||Hui Wing Mau||$4 billion||Shimao Property|
Today the Chinese ''Communist'' Party needs a new name. Chinese Capitalist Party would be nice or what about Chinese Nationalist Party? Because today's CCP is almost identical to the Kuomintang of right-wing dictator Chiang-Kai-Shek. That is the irony of this story. The once proud revolutionary party of workers and poor people, degenerated into a copy of the Kuomintang. State-capitalism was also the ideology of Chiang-Kai-Shek. He would laugh in his grave when he sees those rich billionaires in the party of his enemy: Mao Zedong!
The ideology of the party is empty and only Chinese nationalism is keeping it together. Revolutionary idealism is gone, we see it in the way the party leaders dress. Western business suites have replaced the Maoist suites worn between 1949 and 1990. For us revolutionary socialists there is nothing more criminal then betraying socialism and communism for capitalism and nationalism. The CCP is guilty of that betrayal and must be dissolved A new workers party for Chinese workers and young people is needed!