"Why do foreign enterprises choose to produce in China? Because the production cost is low. This is the effect of China’s opening up to the outside world”.
It was not China that opened up, it was the West that allowed China to participate in the global economy–something they had forbidden to Mao, despite his plea to three US Presidents: "China must industrialize. This can only be done by free enterprise. Chinese and American interests fit together, economically and politically. America need not fear that we will not be co-operative. We cannot risk any conflict”. [Barbara Tuchman]. All ignored him.
French economist Rémy Herrera said, “Almost everywhere, in academic circles and in the dominant mainstream media, we read and hear that the “rise” of the Chinese economy is due solely to its “opening up” to globalisation. I would like to add that such rapid growth was only possible thanks to the efforts and achievements of the Maoist era. This opening up to globalisation has been strictly and continuously controlled by the Chinese authorities. It is only under this condition (control) that the opening up to globalisation can be considered to have contributed to the country’s undeniable economic success. This opening to globalisation has been able to have such a positive impact on China in the long term because it has been fully consistent with a coherent development strategy and has been subject to the imperatives of meeting domestic objectives and domestic needs.”
“We must remember one fundamental point: For more than a century before the victory of the revolution in October 1949, ‘opening up’ for the Chinese people meant first and foremost capitulation, destruction, exploitation, humiliation, decadence and chaos.”
The foundation that Mao built in the first three decades to provide China with by far the world's most complete industrial system has indeed been overlooked by many, intentionally or unintentionally.
"Why do foreign enterprises choose to produce in China? Because the production cost is low. This is the effect of China’s opening up to the outside world”.
It was not China that opened up, it was the West that allowed China to participate in the global economy–something they had forbidden to Mao, despite his plea to three US Presidents: "China must industrialize. This can only be done by free enterprise. Chinese and American interests fit together, economically and politically. America need not fear that we will not be co-operative. We cannot risk any conflict”. [Barbara Tuchman]. All ignored him.
French economist Rémy Herrera said, “Almost everywhere, in academic circles and in the dominant mainstream media, we read and hear that the “rise” of the Chinese economy is due solely to its “opening up” to globalisation. I would like to add that such rapid growth was only possible thanks to the efforts and achievements of the Maoist era. This opening up to globalisation has been strictly and continuously controlled by the Chinese authorities. It is only under this condition (control) that the opening up to globalisation can be considered to have contributed to the country’s undeniable economic success. This opening to globalisation has been able to have such a positive impact on China in the long term because it has been fully consistent with a coherent development strategy and has been subject to the imperatives of meeting domestic objectives and domestic needs.”
“We must remember one fundamental point: For more than a century before the victory of the revolution in October 1949, ‘opening up’ for the Chinese people meant first and foremost capitulation, destruction, exploitation, humiliation, decadence and chaos.”
https://thechinaacademy.org/when-beijing-talk-about-socialism-with-chinese-characteristics-take-it-seriously/
The foundation that Mao built in the first three decades to provide China with by far the world's most complete industrial system has indeed been overlooked by many, intentionally or unintentionally.