This also marks an abject collapse of President Xi’s pet theory of “socialist system with Chinese characteristics” under ...

Letters: Tax like a socialist, quack like a socialist. Here's an easy solution to education budget cuts. Ramaswamy's wild ...

A social security system, suited to China’s situation, for both rural and urban residents shall be worked out so as to promote overall economic development and ensure social stability.

Socialism is an economic-political system in which the “good” of the collective is more important than the “good” of the individual. Socialists argue that this is the best way to organize society ...

Now China has transformed its planned economy system into an initial socialist market economy system. As a result the regulatory function of the market has been strengthened tremendously.