A top economist has joined the growing list of China’s elite to have disappeared from public life after criticizing Xi Jinping, according to The Wall Street Journal. 

Zhu Hengpeng served as deputy director of the Institute of Economics at the Chinese Academy of Social Sciences (CASS) for around a decade.

CASS is a state research think tank that reports directly to China’s cabinet. Chen Daoyin, a former associate professor at Shanghai University of Political Science and Law, described it as a “body to formulate party ideology to support the leadership.”

According to the Journal, the 55-year-old disappeared shortly after remarking on China’s sluggish economy and criticizing Xi’s leadership in a private group on WeChat.

  • Flying Squid@lemmy.worldM
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    4 hours ago

    I had the most hilarious discussion with a Tankie about China a while back. They refused to accept that China is pretty much communist in name only. I pointed out that they had billionaires, privately-owned companies, a stock exchange and private property, meaning you can earn capital in China.

    The Tankie actually said something on the lines of, “If you would JUST READ MARX you would know that earning capital is a fundamental cornerstone of communism!”

    • OBJECTION!@lemmy.ml
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      1 hour ago

      something on the lines of

      Any time someone describes something that happened on the fediverse without providing a link, they are misrepresenting what happened 100% of the time.

      • barsquid@lemmy.world
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        1 hour ago

        Hahaha, are you saying that because it was you on the other end of that discussion? I know you love China so much that you are willing to praise their genocide of Uyghur people.

        Maybe you could distill the theory for us a bit so we can decipher why “socialism” is producing hundreds of billionaires.

    • JustARaccoon@lemmy.world
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      2 hours ago

      I mean you can still have private property under communism, it’s the capital making property that’s more owned by the workers themselves, but you can still own things under communism.

      Similarly, you can earn capital under communism too, it’s just that the tools for earning said capital aren’t owned by corporations under corporations under CEOs under the 1%. It’s not a cornerstone for sure, but it’s not like communism is anti capital and growth and owning things