On 70th anniversary of PRC’s founding, limits of its Party-led model are showing

Four decades ago the Chinese Communist Party, under its new paramount leader Deng Xiaoping, decided to subordinate ideology to wealth creation, spawning a new aphorism, “To get rich is glorious.” The party’s central committee, disavowing Mao Zedong’s thought as dogma, embraced a principle that became Deng’s oft-quoted dictum, “Seek truth from facts.”

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