China on the cusp of a ‘profound transformation’ – Asia Times

An ideological split between Chinese President Xi Jinping and the country s business and cultural elite has come to the fore after a hardline commentary by a known Maoist supporter received official blessing in state media.

The widely distributed commentary, laden with Cold War jargon, calls for a profound transformation to make China strong enough to fight against the United States, a process some have dubbed Cultural Revolution 2.0.

Political commentators said the article resembled the way revolutionary leader Mao Zedong initiated the Cultural Revolution with his big-character posters in 1966.

They also said President and Communist Party General Secretary Xi Jinping would gain more political and economic power with this transformation while businessmen and officials who had benefited from China s opening-up in recent decades would lose out.

The commentary follows Beijing s recent tough action against business giants, along with new priorities in social, educational and cultural fields.

via asiatimes.com