Quote from: Sithara007 on July 13, 2017, 02:05:51 AM

The last time when there was a Sino-Indian war (in 1962), a section of the Indian communists (especially those in the states of West Bengal, Kerala and Tripura) were supporting the Chinese against their own people. This can repeat in the future as well.

And that would be hilarious since India these days is more socialist than China.

In 1978, Deng Xiaoping, a Chinese revolutionary and veteran of the Communist Party, was eager to adopt capitalist methods and reforms in order to stimulate economic growth and restore confidence in the party. He and U.S. President Jimmy Carter signed an historic accord in 1979, reversing decades of China-U.S. tension.

Deng launched several economic reforms that allowed private sectors to start and operate their own businesses once again. He also established four special economic zones along the coast of China with intentions of attracting foreign investments.

Due to the reforms Deng put in place, China has gone from being a country that opposed capitalism to one that embraces property rights, profits and free market competition.

Today, in 2015, the Shanghai Stock Exchange is the third-largest in the world by market capitalization.

The Asian giant is a commodities powerhouse, importing over half of the worlds annual consumption of aluminum, and nearly half of its nickel, copper, zinc, tin and steel.

Global institutions, including the International Monetary Fund (IMF) and World Bank, have endorsed a new China-led international bank, the Asian Infrastructure Investment Bank (AIIB).

http://www.businessinsider.com/how-china-went-from-communist-to-capitalist-2015-10/#the-country-is-in-the-process-of-transforming-itself-from-a-global-center-of-low-tech-manufacturing-into-a-major-hub-of-innovation-and-consumption-10