My god, even the best chance for socialism is hopeless because of the dollar. “it’s not doomer because the party could do something different” idgaf day after day it’s more dollars and less long term hope. Nothing China does can matter because all the green energy, all the bnr, all the poverty elimination, all of it is paid for with imperial currency and little to no interest in changing this arrangement from within. The party will talk about win-win arrangements and mutually-beneficial cooperation until the fucking nukes are flying.
Remember China and western leftists spaces had to deal with massive anti-China racism seemingly out of nowhere in 2019. Do you even remember the stressful and tiresome years of having to constantly read some shitty Xinjiang conspiracy theory.
It was through careful study and examination of the available facts that we understood it was BS, you know its not like Muslims themselves would approve of their own genocide right? Even writing this today feels silly but that was the climate.
So their stance to support Russia against the neoliberal consensus was a historical big deal. Likewise the sanctions blowback was something nobody expected, including China and Russia themselves.
Not to go on a historical tour but its not possible to very hopeful when a few months of “wolf warrior” and Yellen/Blinken’s vacation home in Beijing followed by Financial times “finexplaning” to the CPC how they’re stupid, their country is in a crisis and they must become like a western consumer economy because their overcapacity is unfair was enough to cause the CPC to act so deeply and swiftly to change course.
The future now is on whether China realy believes embracing neoliberalism is a solution. The outlook is bad.
The retirement age reform, even defended by some as “common sense” is a huge red flag(the bad kind). The fact some people even in left spaces defended is reminiscent of the same “we can do no wrong” attitude found in right wing spaces. The left struggle is written with exactly this sort of incremental defeatism. TINA except the obvious one we can’t actualy pick.
Likewise, the recent incentives, particularly liberalization of foreign investments is concerning.
We’re all thinking the Taiwan is the key but from the beginning there was never an indication of that being a long term issue. Taiwan is irrelevant if not now then soon enough. US is coping with CHIPS and CN already on a path to their own e.g Huawei’s advances.