As a one-party authoritarian state, China's ideology is one of centralization and central authority. Asking it to decentralize and embrace democracy is, to put it bluntly, a notion that can only be entertained if the party ceases to exist. Similarly, this is also one of the political factors why the Renminbi will not gain worldwide recognition. 😂😂😂
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As a one-party authoritarian state, China's ideology is one of centralization and central authority. Asking it to decentralize and embrace democracy is, to put it bluntly, a notion that can only be entertained if the party ceases to exist. Similarly, this is also one of the political factors why the Renminbi will not gain worldwide recognition. 😂😂😂