Mao launched the “Five Antis” movement in 1952, targeting the bourgeoisie, in order to deprive the property-owning classes of their property, eliminate dissidents, and consolidate his own power.
Before the COVID-19, more than 600 million people in China had a monthly income of less than 1,000 yuan( US$130). The COVID-19 has caused a severe recession in communist China’s economy. CCP government has stopped reporting youth unemployment rates.
In 2017, the CCP changed the company law and asked foreign private companies in the Hong Kong Stock Exchange to allow the Chinese Communist Party to make the highest decisions for organizations.
