Wang Xiangwei's Thought of the Day on China

Share this post

China's Vice Premier and Economic Czar Liu He's telling moment at the World Economic Forum in Davos

wangxiangwei.substack.com

China's Vice Premier and Economic Czar Liu He's telling moment at the World Economic Forum in Davos

Wang Xiangwei
Jan 18, 2023
5
2
Share

My latest #ThoughoftheDayonChina: international media have reacted positively to China’s economic czar Liu He’s speech at Davos as he said it was impossible for China to return to planned economy as some have claimed. The fact he highlighted that point at such a high-level meeting is very telling.

It vividly shows how much China or its perception has changed in the past ten years after more than four decades of reform and opening. Is he reassuring people at home or overseas? Until 10 years ago, if one said China was returning to planned economy, he would have been laughed out of the room. Now he apparently believes that issue is important enough to highlight at an internaitonal meeting.

En

d

Thanks for reading Wang Xiangwei's Thought of the Day on China! Subscribe for free to receive new posts and support my work.

5
2
Share
2 Comments
Joseph Bohrer
Jan 18

Trust can be lost quickly but recovering it can take ages, if at all. And more talk is not how.

Expand full comment
Reply
Austrian China
Writes Austrian China
Jan 18·edited Jan 18

They tried it out in Shanghai in April and May of last year. Short answer: No. But your point is completely valid nonetheless.

Expand full comment
Reply
Top
New
Community

No posts

Ready for more?

© 2023 Wang Xiangwei
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing