If China really is a socialist country or one pushing towards communism, why do you think they are waiting to push more directly in that direction? What is to be strategically gained from capitalizing your economy, essentially going backwards for 50 years instead of continuing to push for communism?
The Belt and Road comes first. The immediate plans are for capping max wages to at the most 10x minimum wage by 2035 and automating the vast majority of the economy.
Digital Yuan and a nationwide IOT and AI network is being built right now. All of which are necessary to avoid the pitfalls of Soviet planned economies and catapult communist economies into the 21st Century.
Remember communism is not a competitor to capitalism, it is a generational leap over capitalist production on the same scale that capitalism was to feudalism.
Right now China's biggest priority is mass urbanization and pulling hundreds of countries into its economic orbit. Hundreds of countries owe at least 10% of their GDP to China thanks to the Belt & Road. These countries are then invested in China's success. China is pulling most of the world into its economic orbit at a scale that will genuinely make the USSR look like child's play and is industrializing and thereby strengthening imperialized countries that the Soviets were never have been able to get to.
Asking to revert to a Soviet mode of production in a world conquered by capitalists is ultraleftism. China literally dwarfs the Soviet Union's production output basically every industry by an order of magnitude and is very clearly building towards something that makes Soviet economic planning and economic products look like a toy. Never forget that the Soviet Union ended in autarky. China is encircling the rest of the world and is ensuring Communist technological and economic supremacy.
Never forget that you don't have to live in 996 China, you can choose to live in truly differentiated Socialist projects in its orbit like Cuba, Vietnam, The DPRK, Laos, Venezuela, Bolivia and soon Nepal, all supported by a supreme ''ostensibly'' Communist country that dwarfs the United States and is actively lifting billions out of poverty.
Exactly. The USSR as a socialist experiment also ultimately failed and collapsed into a capitalist oligarchy. We should learn from it, but not repeat it.
I get that you mean well but I don't think this is a good way to answer OP's question. People want to know how this leads to the eventual abolishment of capital or the commodity form. People don't want communist supremacy under an ostensibly capitalist system, they want communism. They want communities of people that love and care for one another, a global brotherhood of mankind, and they want all the evils of wealth obsession and commodification to go away.
"Communist supremacy" strikes me as language that will particularly get a rise out of people and confirm all their pre-existing concerns.
Don't get me wrong, I am not against supporting China, I just think there's a very different rhetorical argument needed and that this will not cut through to any fence sitter, let alone anyone currently against it.
Hey, can I ask where you found out about the plan to cap wages at 10x the minimum wage? I watched the video and also looked online but couldn't find any sources. A maximum wage combined with limiting income from investments might go a pretty long way to convincing some liberals I know that China is good, actually.