Chinese President Xi Jinping talking with the executives of middle and small-sized private enterprises at an automotive equipment company in Guangzhou on October 24. Photo: Xinhua
exclusive | Can the Communist Party’s unprecedented endorsement calm the frayed nerves in China’s private sector?
- After 40 years of experiments with capitalism, Chinese executives worry about plunging profits, state meddling and government orders that have toppled tycoons
- The leader of the world’s biggest Communist Party declared this month that private entrepreneurs are ‘one of us,’ an unprecedented endorsement
Chinese President Xi Jinping talking with the executives of middle and small-sized private enterprises at an automotive equipment company in Guangzhou on October 24. Photo: Xinhua
