The Chinese Road to Socialism as an Object of Criticism

Socialist market economy or more broadly China’s road to socialism is a subject of controversy not only in China itself, but also in the international community. This issue is very complex on many levels. From the very beginning of the formation of the CPC it had to pursue different goals and face completely different challenges than its European counterparts. Due to its cultural and civilization distinctiveness, China had to choose its own path to socialism and its construction. During the times of Deng Xiaoping the Chinese economy opened to the influence of foreign capital, which allowed, on the one hand, to significantly accelerate China’s economic development and raise its position in the international arena, and on the other hand, it was the cause of much controversy.