One way to measure China’s urge to transform itself is to note how often the word new has been used by Chinese leaders. In 1902, the concept of the “new citizen” took hold in Liang Qichao’s New Citizen Journal. 20 years later, the May Fourth Movement came to be known as the New Culture Movement. In 1934, Chiang Kai-shek launched his New Life Movement. The Communist takeover in
Huaxi Village: The Failed Communist Experiment
For anyone who dreams of and pursues “absolute equality and common prosperity for all,” Huaxi Village in China came close to being that utopian dream; the only problem is, after enjoying world renown as “the richest village in China” for decades, Huaxi is now facing bankruptcy.
In late February, a short video of hundreds of people lining up in rain in front of a building in Huaxi Village was circulating on the internet. It looked like a run on banks by worried villagers seeking to withdraw their savings.
Chinese language media confirmed that the Chinese Communist Party (CCP) branch in Huaxi Village said the video was authentic but claimed that the village had no problem paying its debts and had sufficient funds.