Category: planned economy

ANALYSIS: ‘Forest to Farmland’ Signals China’s Return to a Planned Economy

A burgeoning movement to return forests to farmland and the sudden arrival of heavy-handed rural enforcers are at the center of recent dramatic events in China. China is making a major push to expand its arable land. The movement reverses years of ecological “farmland to forest” policies and includes the establishment of a new “Rural…


China’s Market Environment Deteriorates as Foreign Investment Confidence Drops to New Low

China’s business outlook has dropped to a historic low while revenue forecasts reached the lowest in a decade, according to hundreds of American businesses operating in the country. An annual business report released by the American Chamber of Commerce in Shanghai (AmCham Shanghai) on Oct. 28 showed that only 55 percent of the companies surveyed…


Private Sector Delegates Halved at 20th Congress, Sign of Xi Implementing New Planned Economy Model

Commentary At the recently concluded 20th Congress of the Chinese Communist Party (CCP), the number of representatives of private entrepreneurs was reduced by nearly half from the already small number 10 years ago—the latest sign that China’s economic system is moving back toward a planned economy version 2.0, a modern model echoing the Mao era….


An Upgraded State-Planned Economy May be Accelerated in China After the 20th Congress: Experts

Commentary With the 20th congress of the Chinese Communist Party (CCP) starting on Oct.16, Xi Jinping’s re-election seems to be a given. In the face of a deteriorating economy, Xi’s government may go ahead with “one state-owned enterprise for one industry” and “national unified market,” an upgraded model of the planned economy, experts say. This…


EXCLUSIVE: The Story of Aiko Kawasaki, A Korean Japanese Who Escaped North Korea

A seventeen-year-old Aiko Kawasaki went aboard the ship leaving for North Korea from the harbor of Niigata, Japan. As her parents begged her in tears not to leave, she insisted on going and promised them that they would see each other a year later in “an earthly paradise”—North Korea. Kawasaki told The Epoch Times that…


The Rise of the New Socialism—and What You Can Do About It

Commentary In this article I want to explain that a rapid departure from the free market system (or what is left of it today) is taking place before our eyes, and that this is a development that endangers not only prosperity but also the peaceful coexistence of people in this world. To explain this to…