Saturday , September 18 2021
Home / South China Morning Post / China risks ‘common poverty’ if Beijing excessively intervenes in market, economist warns

China risks ‘common poverty’ if Beijing excessively intervenes in market, economist warns

Summary:
[unable to retrieve full-text content]Some of China’s most influential – and critical – economists are suggesting that President Xi Jinping’s renewed emphasis on “common prosperity” should advance via market-oriented reforms, adding that such efforts could backfire if the government takes a heavy-handed and invasive approach when implementing them.They also warn that mounting an all-out offensive against rich businesspeople, or even adopting a commandeering style of market crackdowns – in the pursuit of more balanced wealth…

Topics:
Orange Wang considers the following as important:

This could be interesting, too:

Jeffrey P. Snider writes Eurodollar University’s Making Sense; Episode 99, Part 3: When Everyone Understands Why The Dollar Goes Up, We Celebrate Our Show’s Demise

Jeffrey P. Snider writes PracTICal Remainders and Reminders

Jeffrey P. Snider writes Dollar Warning Update From The Islands Which Started It

Marc Chandler writes Euro Holds above Yesterday’s Lows Even After the ECB Denies the FT Story

[unable to retrieve full-text content]
Some of China’s most influential – and critical – economists are suggesting that President Xi Jinping’s renewed emphasis on “common prosperity” should advance via market-oriented reforms, adding that such efforts could backfire if the government takes a heavy-handed and invasive approach when implementing them.They also warn that mounting an all-out offensive against rich businesspeople, or even adopting a commandeering style of market crackdowns – in the pursuit of more balanced wealth…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.