Tag Archive: Blog
China’s social credit system – a new Cultural Revolution
The Cultural Revolution of the 1960s was a comprehensive effort by Mao Zedong to regulate how people think and behave. Citizens were forced to read the “Red Bible” and honor the Communist Party with quasi-religious rituals. Mutual supervision was encouraged throughout all of society. People were told that the way of thinking and behavior advocated by Mao Zedong was the only correct one.
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Market Economy Beats Planned Economy
Throughout the next weeks, we will regularly feature the keynote speeches held by our distinguished experts at this year’s digital Free Market Road Show. The times we are living in – the pandemic – are times when our fundamental values are threatened maybe more than ever in modern times.
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Prospects for China’s dual circulation strategy
Once again, the 2021 National People’s Congress, held from March 5-11, followed a strict choreography. The political leadership entered the Great Hall of the People to the sound of a military band and led by state and party leader, President Xi Jinping.
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Malta under Pressure
Malta is a compact archipelago in the Mediterranean Sea, 80 km from Sicily, 333 km from Libya and 284 km from Tunisia. It had a long list of rulers, including the Phoenicians, the Byzantines, the Arabs and later the French under Napoleon and finally the British. The island gained independence in 1964, and in 2004 it joined the European Union.
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