China: Xi Jinping hails Mao's thoughts on his 130th birth anniversary

Leading the commemorations of Mao Zedong's 130th birthday on Tuesday, Chinese President Xi Jinping praised the idea that the founder of the Communist Party, which is currently in power, is a "invaluable spiritual wealth" and would always serve as the party's inspiration. After his death, Deng Xiaoping's extensive economic reforms, which made China the second-largest economy in the world after the US, eclipsed the ideas expressed in Mao's Red Book, which had once echoed throughout the world and inspired Communist movements. Mao disapproved of private property, but Deng's opaque Socialism with Chinese Characteristics allowed later Chinese leaders to expand changes….