Red China, Inc.: Does communism work after all? - DER SPIEGEL
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Red China, Inc. Does communism work after all?

China is rolling up the world market with the methods of a planned economy. Competitors and economists alike are astounded by the country's seemingly unstoppable march to becoming a global economic superpower. The development has left many wondering: Does communism work after all?
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Boomtown Shanghai: The sky seems to be the limit for Communist party leader and president Hu and his comrades.

Foto: Getty Images
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A vendor picks out oranges inside a market: After Mao's policies led to the starvation deaths of millions, the father of China's current economic boom, Deng Xiaoping, had a singular priority when he came to power -- putting enough food on the tables of Chinese families.

Foto: REUTERS
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Construction workers in Shanghai: For local officials development is the only way to secure jobs in their regions -- and to produce handsome profits for themselves and their relatives, as well as for local construction companies.

Foto: AP
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Rising China: In 2004, computer firm Lenova, one of China's top companies, acquired IBM's personal computer division. Lenova Chairman Liu Chuanzhi (left) is seen here with IBM senior vice president John Joyce at the time of the deal.

Foto: REUTERS
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Chinese students in Nanjing: The Communist Party wants to make China's science and technology fields world class.

Foto: Getty Images
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A Volkswagen billboard in Shanghai: China requires its foreign investors to enter into joint ventures that result in technology transfer that aids the country in establishing its own industrial giants.

Foto: DPA
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Slave-wage workers at a garment factory in Wuhu, China: For Chinese party officials, it is a temporary but unavoidable phase in the country's history -- a collective sacrifice that is required to help China develop into an economic superpower.

Foto: REUTERS
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