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.
Trust can be lost quickly but recovering it can take ages, if at all. And more talk is not how.
They tried it out in Shanghai in April and May of last year. Short answer: No. But your point is completely valid nonetheless.