Commentary With the 20th congress of the Chinese Communist Party (CCP) starting on Oct.16, Xi Jinping’s re-election seems to be a given. In the face of a deteriorating economy, Xi’s government may go ahead with “one state-owned enterprise for one industry” and “national unified market,” an upgraded model of the planned economy, experts say. This…
An Upgraded State-Planned Economy May be Accelerated in China After the 20th Congress: Experts
China Fails to Implement a Unified Market System Amid COVID Lockdowns
News Analysis Beijing recently unveiled its unified domestic market system as residents in Shanghai face food shortages due to the regime’s strict COVID-19 lockdown measures. The latest economic plan has left the public wondering if it will lead to a major disaster reminiscent of the Mao Zedong era. On April 10, the Chinese Communist Party (CCP)…
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