Zhu，Fengxia：The CCP is going backwards to the era of Mao, Zedong
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Date: 11/22/2022 6:22:30 PM
Sender: Zhu，Fengxia
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Zhu，Fengxia：The CCP is going backwards to the era of Mao, Zedong
朱凤霞（Zhu，Fengxia）
Since the new leader of the Communist Party of China took office, not only has the ideology regressed, but economic control has also begun to tighten, including the implementation of comprehensive financial controls. People＇s foreign exchange savings in banks can no longer be used independently.
Moreover, in the future, the government will no longer issue residential real estate certificates, but real estate property certificates instead. Residents＇ private houses must be approved by the government＇s property registration department if they want to enter the market for sale in the future.
These measures mean that the mainland authorities are going back to the era of planned economy, because the main feature of planned economy is the comprehensive control of finance and private property.
It is expected that in the future, more laws and regulations will appear in mainland China to strengthen government intervention and control over economic activities.
The CCP’s restoration of the planned economy is mainly due to the fear of the market economy, because the market economy will have serious political consequences.
The more the market economy develops, the greater the strength of the private economy, the more interest demands and rights demands, as well as the concept of liberalization will arise. These are extremely unfavorable to the CCP. Therefore, the CCP authorities would rather return to the era of planned economy.
Zhu，Fengxia
November 22, 2022
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