Mao’s achievements outweigh mistakes: State media poll

Mao’s achievements outweigh mistakes: State media poll

Wednesday, December 25, 2013 – 12:46

AFP

BEIJING – More than 85 percent of respondents in a Chinese state media survey said that Mao Zedong’s achievements outweigh his mistakes, as the country prepares to mark 120 years since the “Great Helmsman’s” birth.Mao’s legacy remains mixed in China, where he is revered for the 1949 founding of the People’s Republic but authorities have called for restraint in commemorating the anniversary.

Mao is blamed for the deaths of tens of millions due to famine following his “Great Leap Forward” and the decade of chaos known as the Cultural Revolution.

Since his death in 1976, the Chinese Communist Party’s official line has been he was “70 percent right and 30 percent wrong”.

But participants in the survey conducted Monday and Tuesday by the Global Times newspaper, which is close to the ruling party, seemed to hold an even more favourable view of Mao.

Asked “Do you agree that Mao Zedong’s achievements outweigh his mistakes?” 78.3 percent of respondents in the Global Times survey said they agreed, 6.8 percent strongly agreed and only 11.7 percent disagreed. About three percent said they did not know.

Nearly 90 percent of those surveyed said that Mao’s “greatest merit” was “founding an independent nation through revolution”.

China’s ruling Communist Party heavily censors accounts of Mao’s 27-year-long rule, and there has never been a full historical reckoning of his actions in the country.

Younger and better-educated Chinese were more likely to be critical of Mao, the Global Times said, while older respondents and those with a high school or vocational school education were more likely to revere him.

One potential reason for the Mao nostalgia among older and less-well-educated respondents could be China’s widening wealth gap, the paper suggested.

“Fairness being the second most popular of Mao’s merits makes sense as it’s part of the reason that people miss the Mao era, because the wealth gap was not as big as now,” Zhao Zhikui, a researcher at the Chinese Academy of Social Sciences, told the Global Times.

The newspaper surveyed 1,045 respondents over 18 by telephone and online in Beijing, Shanghai, Guangzhou, Chengdu, Xi’an, Changsha and Shenyang.

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a comment