Visitors at an exhibition to commemorate the 200th anniversary of the birth of Karl Marx, at the National Museum in Beijing on May 5, 2018. Photo: AP

Why China doesn’t need more socialism: it didn’t go so well elsewhere

  • Classic socialism has not played out well in North Korea, Venezuela or Cuba. Capitalist countries with welfare programmes have done better
Topic |   China economy

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Visitors at an exhibition to commemorate the 200th anniversary of the birth of Karl Marx, at the National Museum in Beijing on May 5, 2018. Photo: AP
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