China Ready To Assume ‘World Leadership’, Slams Western Democracy As ‘Flawed’

Tyler Durden reports for Zero Hedge:

Image result for China Ready To Assume 'World Leadership', Slams Western Democracy Is 'Flawed'Over the weekend China used the Trump inauguration to warn about the perils of democracy, touting the relative stability of the Communist system as President Xi Jinping heads toward a twice-a-decade reshuffle of senior leadership posts.

Without directly referencing the new president, China wrote that democracy has reached its limits, and deterioration is the inevitable future of capitalism, according to the People’s Daily, the flagship paper of China’s Communist Party. It devoted an entire page on Sunday to critiquing Western democracies, quoting former Chairman Mao Zedong’s 1949 poem asking people to “range far your eyes over long vistas” and saying the ultimate defeat of capitalism would enable Communism to emerge victorious.

“The emergence of capitalism’s social crisis is the most updated evidence to show the superiority of socialism and Marxism,” said one of the People’s Daily articles.

“Western style democracy used to be a recognized power in history to drive social development. But now it has reached its limits,” said another article on the same page. “Democracy is already kidnapped by the capitals and has become the weapon for capitalists to chase profits.”

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