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Qiushi: The Fundamental Crisis in China is One of Values and Faith

Qiushi published an article entitled, “What is China’s Fundamental Crisis?” The author believes that the ultimate crisis that China faces is not an economic crisis or a political crisis caused by corruption. Rather, China’s “fundamental crisis is the crisis caused by the conflict between ideology and reality. It is a crisis of values, a crisis of faith.” 

According to the author, there are two major problems in China. One is that the conflict between the Communist ideology of public ownership and that of private ownership in market capitalism has led the people to question the legitimacy of State ownership. The other is that severe splits have occurred within the socialist ideology. These two problems have resulted in confusion in both policies and decision making. “This is the lynchpin of all major problems in China today.” 
Source: Qiushi, August 7, 2013