For more than half a century, more than half of the world’s population has experimented with the idea of communism, only to prove its incapacity to eliminate wealth disparity and class struggle. The modified ideology, similar to capitalism in economic pursuit and socialism in political endeavor, generated great wealth for China.
Prosperity might have continued had the Chinese Communist Party (CCP) established an open and democratic society.
However, under an authoritarian regime, China could not escape the disastrous result: a great depression.
Soaring unemployment and sinking deflation might push hundreds of millions of people into poverty, with millions at risk of starvation.
Young people in China have lost hope, with some committing mass suicide, such as the cases of four young people at Tiananmen Mountain and nine at Shangzhuang Bridge in Beijing.
The “cultural revolution 2.0,” featuring the “melt the pot to sell the iron” strategy, did not go as planned. Chinese President Xi Jinping (習近平) is reported to have been restrained. While unconfirmed, facts have emerged supporting a peaceful coup and challenge to Xi’s power. For example, Xi’s self-reproach was published in a government paper, former Chinese leader Deng Xiaoping’s (鄧小平) economic reform was celebrated and many of Xi’s allies were removed from key positions in the military, which is evidently under the command of Chinese Central Military Commission Vice Chairman Zhang Youxia (張又俠).
Xi’s days are numbered.
When a dictator is banished, it is important to ensure democracy and freedom. As institutions and culture need reform, it will be a long time before democracy can take root. A separation of powers, as advocated by Deng, would not ensure a peaceful transition of power, let alone democracy, freedom and hard-earned wealth.
New leaders should avoid making mistakes that have been made before.
To minimize corruption, it is crucial to establish local control and allow people to elect leaders they trust at all levels of government. The freedom to form political parties is essential for people to choose the lesser evil in all circumstances.
It is time for activists to form opposition parties in counties and provinces to voice opinions at the national level.
Checks and balances must be defined in the constitution, as power corrupts and absolute power corrupts absolutely.
The independence of the judicial branch and rule of law must be respected. All laws must be passed by elected representatives to be legitimate.
The saying “no taxation without representation” recognizes the natural law that people are the rightful masters, voicing their opinions and paying taxes to enable a functional government.
The military must be independent of political parties, as reason should prevail over guns.
Chinese are talented and innovative. Under democracy, freedom and rule of law, they will create wealth through free enterprise, as vibrantly proved by Hong Kongers before 1997. They will become positive members of the world.
Meanwhile, an open and transparent culture will be vital to secure democracy and freedom.
However, lest we forget, economic woes are the reason for China’s implosion. To prevent further economic deterioration and political violence, with public officials being murdered at an alarming rate, unfinished housing units should be given to people who need shelter while the properties are still valuable and salvageable.
Distributing wealth to the masses might be the first step in jump-starting the economy and soothing public sentiment at this political crossroads.
James J.Y. Hsu is a retired professor of theoretical physics.
What began on Feb. 28 as a military campaign against Iran quickly became the largest energy-supply disruption in modern times. Unlike the oil crises of the 1970s, which stemmed from producer-led embargoes, US President Donald Trump is the first leader in modern history to trigger a cascading global energy crisis through direct military action. In the process, Trump has also laid bare Taiwan’s strategic and economic fragilities, offering Beijing a real-time tutorial in how to exploit them. Repairing the damage to Persian Gulf oil and gas infrastructure could take years, suggesting that elevated energy prices are likely to persist. But the most
Taiwan should reject two flawed answers to the Eswatini controversy: that diplomatic allies no longer matter, or that they must be preserved at any cost. The sustainable answer is to maintain formal diplomatic relations while redesigning development relationships around transparency, local ownership and democratic accountability. President William Lai’s (賴清德) canceled trip to Eswatini has elicited two predictable reactions in Taiwan. One camp has argued that the episode proves Taiwan must double down on support for every remaining diplomatic ally, because Beijing is tightening the screws, and formal recognition is too scarce to risk. The other says the opposite: If maintaining
Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文), during an interview for the podcast Lanshuan Time (蘭萱時間) released on Monday, said that a US professor had said that she deserved to be nominated for the Nobel Peace Prize following her meeting earlier this month with Chinese President Xi Jinping (習近平). Cheng’s “journey of peace” has garnered attention from overseas and from within Taiwan. The latest My Formosa poll, conducted last week after the Cheng-Xi meeting, shows that Cheng’s approval rating is 31.5 percent, up 7.6 percentage points compared with the month before. The same poll showed that 44.5 percent of respondents
India’s semiconductor strategy is undergoing a quiet, but significant, recalibration. With the rollout of India Semiconductor Mission (ISM) 2.0, New Delhi is signaling a shift away from ambition-driven leaps toward a more grounded, capability-led approach rooted in industrial realities and institutional learning. Rather than attempting to enter the most advanced nodes immediately, India has chosen to prioritize mature technologies in the 28-nanometer to 65-nanometer range. That would not be a retreat, but a strategic alignment with domestic capabilities, market demand and global supply chain gaps. The shift carries the imprimatur of Indian Prime Minister Narendra Modi, indicating that the recalibration is