China: Reforms Is So Forty Years Ago

China: Reforms Is So Forty Years Ago

Just hours ago, Chinese President Xi Jinping delivered a speech to commemorate an economic experiment that spurred one of the most staggering stories of economic growth in human history – here's Gabe with the rundown.


On December 18, 1978, Chinese leader Deng Xiaoping announced an ambitious plan to "reform" and "open up" the Communist country's tightly regulated state-run economy. In the decades since, hundreds of millions of Chinese were lifted out of poverty and the country's share of the global economy rocketed from 3 percent to 19 percent. Deng's bold changes transformed a poor agrarian country into an economic superpower.

But if observers expected Mr. Xi to use the occasion to announce a fresh wave of reforms to liberalize China's flagging economy, they were disappointed. President Xi's message was at once steadfast and defiant. Amid a growing trade spat with the United States, Mr. Xi warned that Beijing would not "be dictated to" by outside powers. Despite a vague pledge to "reform what can be reformed," he also was ominously clear that there are some things "that cannot and should not be reformed."

Where Deng was a reformer, Xi is a different kind of leader entirely. Since taking power in 2012, Mr. Xi has concentrated more power in his hands than any leader since Mao Zedong, the founder of Communist China. He has used that power to strengthen the role of the state in China's economy and society at home while asserting China's role internationally. Where Deng's worldview was framed by his adage to "hide your strength, bide your time," Mr Xi has pledged to put China at the "center of the world stage."

And why not, Mr. Xi might well ask. China's miracle of economic growth without political liberalization (or upheaval) compares favorably with the political challenges roiling Western democracies these days. Why shouldn't China harness the full power of the state to become a superpower in technology, AI, and other advanced technologies? From Beijing's perspective, grievances from the US and Europe about China's trade policies and technology ambitions just look like efforts to prevent China from taking its rightful place in the world order.

The trouble for Mr. Xi is that the domestic political environment is getting more difficult for him, rather than less. The economy is sagging, tensions over trade and technology with the US and other countries are intensifying, and the expectations of the world's largest middle class (which Deng's reforms largely created) are growing. By concentrating so much power in his own hands, Mr. Xi risks making himself solely responsible for the outcome, good or bad.

Forty years ago, faced with an impoverished and isolated China, Deng took a huge gamble on reform and experimentation. Today, at the helm of a powerful and globally active China, Mr. Xi is defiantly doubling down on a more conservative and assertive vision – will it turn out as well?

Each month, Microsoft receives about 6,500 complaints from people who've been victims of tech support scams. But it's not just Microsoft's brand that the scammers leverage; fraudsters have pretended to be from a number of other reputable tech companies and service providers. These scams will remain an industry-wide challenge until sufficient people are educated about how they work and how to avoid them.

To measure the scope of this problem globally, Microsoft commissioned YouGov for a new 2021 survey across 16 countries. Results from the 2021 survey reveal that, globally, fewer consumers have been exposed to tech support scams as compared to the 2018 survey. However, those people who continued with the interaction were more likely to have lost money to the scammers than we saw in our previous survey. To read the highlights of the survey, visit Microsoft on the Issues.

Next week, Ebrahim Raisi, a hardliner who is ideologically and personally close to Iran's 82 year-old supreme leader Ayatollah Ali Khamenei, will be inaugurated as Iran's president. This power transition comes as the country experiences a fresh wave of protests that started in Iran's southwest over water shortages earlier this month and has since spilled over into dozens of provinces.

Some close observers of Iranian society and politics say that popular discontent there is now more widespread than it has been in years, making the Iranian regime more vulnerable than ever.

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Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

QR codes are everywhere. Are they also tracking my personal data?

Well, a QR code is like a complex barcode that may be on a printed ad or product package for you to scan and access more information. For example, to look at a menu without health risk or for two-factor verification of a bank payment. And now also as an integral part of covid and vaccine registration. QR codes can lead to tracking metadata or personal data. And when your phone scans and takes you to a website, certainly the tracking starts there. Now, one big trap is that people may not distinguish one kind of use of QR codes from another and that they cannot be aware of the risks of sharing their data.

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Was the world so focused on climate change that warning signs about the COVID-19 pandemic were missed? Historian and author Niall Ferguson argues that, while the climate crisis poses a long-term threat to humanity, other potential catastrophes are much more dangerous in the near future. "We took our eye off that ball," Ferguson says about COVID, "despite numerous warnings, because global climate change has become the issue that Greta Thunberg said, would bring the end of the world. But the point I'm making in DOOM [his new book] is that we can end the world and a lot of other ways, much faster." Ferguson spoke with Ian Bremmer in an interview for GZERO World.

Watch the episode: Predictable disaster and the surprising history of shocks

Tunisia, the only country that emerged a democracy from the Arab Spring, is now in the middle of its worst political crisis since it got rid of former autocrat Zine El Abidine Ben Ali over a decade ago.

On Sunday, the 64th anniversary of the country's independence from France, President Kais Saied responded to widespread protests over the ailing economy and COVID by firing embattled Prime Minister Hichem Mechichi and suspending parliament for 30 days. Troops have surrounded the legislature, where rival crowds faced off on Monday, with one side chanting in support of the move and the other denouncing it as a coup.

How did we get here, do we even know who's really in charge, and what might come next?

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Ian Bremmer shares his perspective on global politics this week:

As COVID-19 cases rise, are vaccine mandates coming?

Oh, you just want to get me in more trouble. Yeah, some mandates are coming, but they're not national mandates in the United States. In some cases, you're looking at federal and state employees, in some cases you're looking at lots of individual corporations, universities, and such. I mean I've already been to a number of events where vaccines have been mandated in New York. You've got this Excelsior Pass if you want to go to the Brooklyn Nets games, as I certainly do. You show it off and that gets you in with your vaccine. So I think it's really going to be a decentralized process. But clearly, given Delta variant and the number of people that are getting sick and dying because they're not vaccinated, you're going to see moves towards more mandates, as a consequence.

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Castillo takes over in Peru: After almost two months of protests, baseless allegations of fraud from his rival in the runoff election, and even rumblings of a coup, Pedro Castillo will be sworn in as president of Peru on Wednesday. A former rural school-teacher famous for riding on horseback, wearing a cowboy hat and waving a giant pencil to show how much he cares about education, Castillo has big plans to achieve big change. But he won by just a razor-thin margin in a deeply divided country, and Peru's dysfunctional political system will likely hobble his attempts to get major legislation passed. Moreover, despite having moderated his positions, half of the country still sees him as a communist who might turn Peru into another Venezuela. Castillo's most immediate task is dealing with the twin crises of a deadly pandemic and a COVID-fueled economic crisis that has hit poor Peruvians — his base — the hardest.

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13: The two Koreas have restored their communication hotline almost 13 months after Pyongyang abruptly cut it in response to Seoul not doing enough to prevent North Korean defectors from sending propaganda leaflets across the shared border. The hotline was established in 2018 following a historic meeting between North Korean Supreme Leader Kim Jong Un and South Korean President Moon Jae-in.

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