01:02 It was revealed that Xi Jinping wanted to return to the Mao Zedong era, former associate professor of Peking University: die faster



Xia Yeliang, a former associate professor of the School of Economics at Peking University, believes that Xi Jinping wants to return to the Mao Zedong era,

Xia Yeliang, a former associate professor of the School of Economics at Peking University, believes that Xi Jinping wants to return to the Mao Zedong era, “put the cart before the horse and die faster.” (European News Agency)

2021/06/30 01:02

[Instant News/Comprehensive Report]The People’s Bank of China, the Central Agricultural Office, the China Banking and Insurance Regulatory Commission, and the All-China Federation of Supply and Marketing Cooperatives have jointly put forward the “Guiding Opinions on the Development of the Trinity of Production, Supply and Marketing, and Credit Trinity” “In this regard, Xia Yeliang, a former associate professor of the School of Economics at Peking University, believes that Xi Jinping’s move is to return to the Mao Zedong era, “put the cart before the horse and die faster.”

According to foreign media reports, the “Opinions” issued by the Chinese government pointed out that by the end of June 2023, the government will build a pilot unit of the “three-in-one” with a demonstrative and leading role, so that the agricultural production in the pilot areas will be organized, large-scale, and intensive. With further improvement, the modernized rural circulation network has become more complete, the rural credit system has been further improved, and a regional “three-in-one” comprehensive cooperative service platform has been initially established.

Xia Yeliang, a former associate professor of the School of Economics at Peking University in the United States, said that this move shows that Xi Jinping wants to be more authoritarian and bring China’s past “supply and marketing cooperatives” back to life, back to the Mao Zedong era. The official intention is to control the supply and marketing, production and credit system. Xia Yeliang bluntly stated that Xi Jinping “has no obvious ideological progress. He just got a fake diploma and a fake doctorate.” He speculated that Xi Jinping believes that China now has the financial capability to restore Mao Zedong’s approach.

Xia Yeliang emphasized that it was Mao Zedong’s unpopular economic control methods that led to the collapse of China’s economy. Xi Jinping was uneasy about the existing banking system and hoped to return to a planned economy, which was completely controlled by the central and local governments at all levels. Xia Yeliang estimated that after China’s 20th National Congress next year, China may fully return to the Mao Zedong era. Xia Yeliang said: “This trend has become more and more obvious, and the result is predictable. He (Xi Jinping) will die faster.”



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