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Sunday, November 11, 2012

Chinese Capitalism

"As a party member, I will work hard and teach other people how to get rich together and let more people benefit by getting rich," Wang Dongxin, the general manager of Jiangxi Luhuan Animal Husbandry, a pig-breeding company,  said to hundreds of Communist Party members in Beijing's Great Hall of the People.

Chinese president Hu Jintao said China was still in the "primary stage of socialism" and still needed to pursue "socialist modernisation" as its main task, aiming to double the 2010 per-capita income of both urban and rural residents by 2020. Hu has previously said China's modernisation drive under one-party rule would take "several, a dozen or even dozens of generations". [a generation is generally defined as about 30 years so it will be a long transition!- Socialist Courier]

The New York Times reported last month that the extended family of Premier Wen Jiabao had amassed assets worth $2.7 billion.

Hu Jia, a leading rights activist, said Hu's speech and remarks by Xi at the congress were full of "hackneyed phrases". He said the highly orchestrated congress was "completely an 'emperor's new clothes' show". Hu Jia and scores of other dissidents and activists were detained, threatened or held under house arrest in what rights group Amnesty International said was a intensifying crackdown in the run-up to the congress.

Six more Tibetans set fire to themselves to protest about Chinese rule on Wednesday and Thursday, escalating a campaign that has seen about 70 self-immolations in the past two years.

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