Economist (June 23)
On July 1, the Chinese Communist Party (CCP) turns 90. Despite this milestone, the CCP’s future looks uncertain. “The inevitable slowing in economic growth,” will strain relations between the middle-class and the CCP. Moreover, “tensions between China’s prosperous middle classes and its poor will make it a harder country to govern.” The CCP may feel forced to repress an increasingly restive middle class, further worsening relations. “In other Asian countries a taste for democracy has risen with income; and repression would mean withdrawing freedoms from people used to their liberty gradually increasing.” The CCP is in for a bumpy ride. The next 90 are far from assured.
Tags: CCP, China, Economic growth, Middle class, Tension