Foreign PolicyForeign Policy

The Chinese Communist Party's reckless policies are fueling public rage

By Helen Gao

05 Sep 2022 · 6 min read

Editor's Note

Frustration in China over the Communist Party’s “zero-Covid” policy is just the tip of the iceberg. FP reports on the myriad of problems undermining the Chinese people’s trust in state capitalism.

The Chinese public is floundering.

All around ordinary people, the iron laws of China’s state capitalism that they once trusted are crumbling: The price of housing, believed for decades to keep rising, fell for the first time in six years this spring in more than half of China’s biggest cities. A college education, once considered a stepping stone into the middle class, has now become a major contributor to mass unemployment, with youth unemployment hitting 19.9 percent in July. The migration from countryside to cities used to be a one-way journey; this year, jobless migrant workers who ran out of savings have no recourse but to return to the land.

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