AP Photo/Ng Han Guan
1 Jul 2021
China celebrated its vast and growing economic power during the 100th birthday celebration for the Chinese Communist Party on Thursday, with dictator Xi Jinping humblebragging that his party has achieved its first centenary goal of “building a moderately prosperous society in all respects.”
China, however, still presents itself as a “developing nation” to international economic forums like the World Trade Organization (WTO) and enjoys concrete benefits by claiming that status.
Xi boasted on Thursday that becoming a “moderately prosperous society” has “brought about a historic resolution to the problem of absolute poverty in China, and we are now marching in confident strides toward the second centenary goal of building China into a great modern socialist country in all respects.”