The applied Chinese Communism, which is nothing more than the applied Marxism-Leninism, succeeded – through its most tragic failures in the first phases of its rule in China, and in 1949, after gaining power in China, faced the greatest famine in human history – to achieve longevity in power by proving that Communism of an independent country functions as a strategy to seize and retain executive power in any way.
The reasons for the longevity of the Chinese Communist Party in power
The success of the Chinese Communist Party lies in the fact that having experienced their successive failures in creating and sharing the corresponding wealth in Chinese society, it decided at some point and having experienced the impasses of the centrally designed economy defined by Communism to follow and implement Western-Liberal economic strategies and values equally for wealth creation and production, and in the 1990s managed to integrate China into the international arena.
This complete conversion of the Chinese Communist Party to the principles of wealth creation enabled it to turn an agricultural economy and country into the first industrial power and the second richest country in terms of total GDP, of the planet respectively.
At the same time, this exceptionally large accumulation of wealth through an authoritarian type of capitalist system of government has fueled and continues to fuel China’s global geopolitical ambitions.
Chinese Imperialism in Africa
China’s geopolitical ambitions are most evident in Asia and Africa. To date, China owns 30% of the African continent’s wealth-producing resources, while control of Africa’s foreign trade is 70% in China’s hands.
The largest share of the total African debt and in general the total foreign debt of sixty-four (64) developing countries of the planet belongs to China. With this finding, China is becoming perhaps the world’s largest lender with loans totaling more than $ 170 billion.
An important role in this over-indebtedness of many developing countries is the fact that they are not accessible for borrowing in other western countries or in international capital markets. In fact, these countries “fell” into the arms of China, for which China was the only lender that would lend them on any terms.
The problematic repayment of these loans will be China’s lever of pressure on these countries to exchange political, economic, and military facilities with all these countries.
On the one hand, a recent report by the World Health Organization (WHO) suggests that much of the debt of all developing countries be written off so that these countries can strengthen their National Health Systems to deal with the Covid-19 pandemic and the economic crisis, and on the other hand, the Chinese government is making exchanges and demands for debt restructuring and debt write-offs. Of course, these exchanges are also geopolitical.
Both China and Russia and Iran, along with Turkey, fully implement the political authoritarian capitalist model of governance and production of national wealth and will certainly be a great success if these countries (China, Russia) succeed in imposing this model of governance as a model of successful governance worldwide.
We note, therefore, that regimes that applied communist theory in practice failed and continued to “mutate” into communist authoritarianism, but with Western capitalist values of wealth production, they now appear stronger and believe it is time to dominate politics globally.
The right strategy that must follow China
It will be China’s top strategic mistake if it tries to put pressure on all developing countries that have debt to China. The right strategy stipulates that China must not only lead the way in restructuring and writing off debts to these countries but must also assist them in transferring its industrial production to them.
China’s goal should be to increase the disposable income and living standards of the populations of these developing countries. In such a case, increasing the purchasing power of citizens in developing countries as well as increasing people’s living standards will create great friendly and political benefits in favor of China.
The advantage that China will gain from such a strategy in this case is that the citizens of these countries will prefer and buy Chinese products. In such a case, China, having succeeded in increasing the purchasing power of the citizens of developing countries, would have created its own markets where Chinese products would be channeled and absorbed, ensuring jobs and stability in China’s mainland productivity.
This strategy will act as a counterbalance to China’s exports, which in the future are likely to be limited to Western countries due to the Covid-19 pandemic that began in China and accuses China of the West and the West asks compensations from China.
If China follows the colonial model of the West applied in the 19th and 20th centuries in many countries around the world, including China itself, then all China will do is create social poverty that will provoke uprisings and social movements which will be funded by the West, with the result that sooner or later China will be forced to leave these countries, as the colonial European powers once did from their ex-colonies.
The Liberal Globe is an independent online magazine that provides carefully selected varieties of stories. Our authoritative insight opinions, analyses, researchers are reflected in the sections which are both thematic and geographical. We do not attach ourselves to any political party. Our political agenda is liberal in the classical sense. We continue to advocate bold policies in favour of individual freedoms, even if that means we must oppose the will and the majority view, even if these positions that we express may be unpleasant and unbearable for the majority.