Not only did he call them role models for the rest of the world, but he couldn’t seem to stop talking about how great the Chinese government is.
Fox News reports, “Schwab, 84, made these comments during an interview with CGTN’s Tian Wei on the sidelines of last week’s APEC CEO Summit in Bangkok, Thailand.”
November 26, 2022
He touted how impressive the Chinese economy is and the significant accomplishments China has made over the past 40 years. Fox News says, “Schwab did not elaborate on what aspects of the Chinese model appealed to him, nor which would be beneficial to other countries.”
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However, the CCP has done several things that other governments haven’t. Fox News states, “In 2014, the CCP announced a moral ranking system whereby individuals, government organizations, and companies are ranked based on social credit. ”
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“Comparisons have been drawn to environmental, social, and governance, or ESG scores used by major financial institutions and global organizations to create a social credit system designed to influence behavior and transform society.”
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The Chinese economy may be doing great, but we should also note that the Chinese Communist Party runs China. Citizens do not enjoy the freedom of speech or freedom of religion. Criticism is quickly punished, and the country remains scrutinized for human rights abuses.
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Any efforts at democracy are squelched soon by the government. Fox reports, “In 2020, without any accountability or transparency, the Chinese government rammed through a “national security” law for Hong Kong, which critics say gave authorities a pretext to brutally crackdown down on pro-democracy activists.”
China may have a few things going for it, but the strength of the economy pales compared to the rest of the world and the country’s problems.