happened, what do you say to whom, i believe that xiaojin pin returns to magadzed, not to not to deng xiaoping and thus under control puts, in what way? first, businessmen have either been pushed out in the last two or three years, how many examples, or pushed out of bounds, if you don’t want to share and don’t give part of your business to the communist party, or not become part of the system, that is, and ending with the disappearance of people, they disappear in they are not only ministers of defense, as recently, but also billionaires. somewhere, we don't know these details, there was, there was a billionaire who entered the american market, a beautiful business, once he disappeared, he's gone, so i think that's why they're just running into a model, when the economic development became, well, it somehow did not coincide with the political system, and now it turns out what to do with the political system, and the choice they made is, in my opinion , uncharacteristic of china, the thai sky is large enough to develop, that is, in they have a population that allows, that is, to develop intern

the famous proverb, which is attributed to densiopin when it comes to economic changes in china, deng xiaopingit doesn't matter what color the gut is, as long as it catches mice, and that's because the chinese communist party, during the reign of pin, just when he was the informal leader of the state, and by the way, the chairman of the military council of the cpc central committee, which we have already mentioned. it allowed market elements in the economy, and everyone always believed that this was the moment of china's survival, because the market economy allows it to survive, the planned economy does not, and i now think that maybe it was not said for the sake of it, but what is not it doesn't matter what tools help the chinese communist party to get its power, just to get it, and then the logic is what's happening with xi jinping, it's there, and it's not some kind of, i would say, a change of orientation, but it's quite... you can see the continuation of the policies of deng tseopin and the policies of his heirs, and by the way, the policies of those who were before deng tseopin, mao zedo

then in 1979 deng xiaoping reformed their economy and you know that the chinese economy had a growth rate of 10% or so. for maybe 30 years, it came down to seven now down to four. and they've got internal challenges, but china became an enormously powerfully rich country, second only to the united states. and like most countries throughout history, when they earned that level of wealth, when they, when they developed that amount of financial throw weight in the system, they also embarked upon a military program to develop their military to be world class. so for the first time in chinese history, they have now 44 years later, 45 years later developed the world class military. now they're not equal yet to the united states military. the united states military is still the most powerful, most effective force in the world. and the chinese know that but the chinese are trying to develop their military to a point where they will be the dominant military in east asia, western pacific, at least by the mid thirties or maybe earlier, president xi has told his generals to develop the capabilit

deng xiaoping, who was a member of the chinese politburo, he said, poverty is not socialism.us. so there is a left wing tradition beyond just peter mandelson of saying that actually people becoming wealthier and like you say, alex, they pay more taxes that can contribute to the body politic becoming wealthier to that that tradition exists. what it would say is the problem is tax. if you're getting rich and not paying the tax, that's when people get really upset. and i think that is the direction of the conversation in the last. >> but it's the level of taxation. this is where there's so much disagreement, isn't there? it's the level of taxation, not just tax avoidance and tax evasion. >> i mean, there is some tax evasion. >> there's also lots of tax avoidance, which a lot of people indulge in, by the way, by way of isas. >> and there's different kinds of tax. >> no, no that's that's entirely lawful tax. tax evasion. wrong tax efficiency sensible. most of us practice it. and this is what's being taken. the line being taken here by aaron is far more sensible than the person who