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CCP crackdown spooks entrepreneurs | East Asia Forum - Vimarsana News

CCP crackdown spooks entrepreneurs | East Asia Forum

The innovation, creativity and entrepreneurial spirit of the Chinese private sector is under threat, as the CCP crackdown puts private companies in a precarious position, writes Gilles Guiheux (Universite Paris Cite).

Westerners Aren't the Only Ones Flummoxed by China's Reform Plans - Vimarsana News

Westerners Aren't the Only Ones Flummoxed by China's Reform Plans

After the Third Plenum, a high-level meeting to discuss China’s future, ended on November 12, Beijing released a major document likely to affect many of its 1.3 billion citizens’ lives for years.

Huaxi Village: The Communist Experiment That's Bursting a Bubble - Vimarsana News

Huaxi Village: The Communist Experiment That's Bursting a Bubble

Huaxi Village: The Failed Communist Experiment For anyone who dreams of and pursues “absolute equality and common prosperity for all,” Huaxi Village in China came close to being that utopian dream; the only problem is, after enjoying world renown as “the richest village in China” for decades, Huaxi is now facing bankruptcy. In late February, a short video of hundreds of people lining up in rain in front of a building in Huaxi Village was circulating on the internet. It looked like a run on banks by worried villagers seeking to withdraw their savings. Chinese language media confirmed t...