Commentary China has a public relations problem that gets worse every day. The world has awoken from its enchantment with communist state capitalism and has a clear picture of what life would be like if the Chinese regime replaced the United States. It’s a nightmare the world can certainly do without. It wasn’t so long ago that much of the world admired China. For nearly 10 years, the Chinese Communists Party (CCP) touted its state capital economic model as the successor to American style liberal capitalism in the 21st century, and many nations agreed. And why wouldn’t they? From 1990 to 2020, China went from an economic basket case to a global leader in manufacturing, technology, and military prowess. And of course, the CCP has taken full credit for the country’s dramatic transformation. But that’s not the whole story. A little historical background is helpful. A History of Failure and …
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