East is different from the west

East is different from the west

“China is neither state capitalism nor free capitalism, but a mixed economy” (Zheng Yongnian, author of “Market in State: The Political Economy of Domination in China”)

The West’s own misunderstanding of Chinese history, treating the continuity of Chinese civilization as unchanged from its own perspective, especially when the West has experienced revolutionary changes from the ancient Greek civilization to Roman civilization, from religious civilization to modern industrial society.”

Interesting read via Global Times: Read full article