Communist China’s branding problem – Andres Martinez

From Newsday:

China increasingly faces a huge branding problem as takes its place in the world economy. The nation’s private sector accounts for more than half its economic output; the value of its is now allowed to float in reaction to market forces; is welcome; and last year China amended its to read: “Legal private is not to be encroached upon.”

The game is up, in other words. A Communist embracing private property makes about as much sense as the Catholic Church renouncing the Resurrection, but there you have it.

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