The Article title seems misleading. If you read the article, which is very short, there is a referenced quote by Xi.
It is not an easy task to develop the small rice noodle business into such a large industry, said Xi.
"We encourage the development of private businesses. When they encounter difficulties, the Party and the state give them support, and when confusion arises, guidance is offered, with the hope that they can develop boldly and with confidence."
Xi is telling private businesses to seek guidance from the Communist Party and the state if they want to keep existing. This seems more like a threat to the businesses that don't follow the guidance.
Imagine if a US politician told a small business that they need to seek guidance from the Communist Party.
Yup seems like a reiterating of the current status quo in China. I would love for Xi to come out and say "fucking prepare to be assimilated you dorks" but it seems we're gonna have to wait for that a bit more.
There's a clip online of Chairman Fred telling a business owner seeking a loan that they won't give them any loans without political education from the party to ensure the business being supported isn't accidentally going to go against the needs of the people and the party by becoming yet another unrestrained capitalist enterprise.
This seems more like a threat to the businesses that don’t follow the guidance.
Business is famously threatened by careerist bureaucrats who want to prove that their policies are effective at increasing profits and industrial development
Imagine if a US politician told a small business that they need to seek guidance from the Communist Party.
the Small Business Administration is proletarian in nature because it helps confused and unconfident entrepreneurs
The Article title seems misleading. If you read the article, which is very short, there is a referenced quote by Xi.
Xi is telling private businesses to seek guidance from the Communist Party and the state if they want to keep existing. This seems more like a threat to the businesses that don't follow the guidance.
Imagine if a US politician told a small business that they need to seek guidance from the Communist Party.
Yup seems like a reiterating of the current status quo in China. I would love for Xi to come out and say "fucking prepare to be assimilated you dorks" but it seems we're gonna have to wait for that a bit more.
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This also isn't far off what the BPP tried to do.
There's a clip online of Chairman Fred telling a business owner seeking a loan that they won't give them any loans without political education from the party to ensure the business being supported isn't accidentally going to go against the needs of the people and the party by becoming yet another unrestrained capitalist enterprise.
Business is famously threatened by careerist bureaucrats who want to prove that their policies are effective at increasing profits and industrial development
the Small Business Administration is proletarian in nature because it helps confused and unconfident entrepreneurs