Central bank governor Zhou Xiaochuan (third from left) speaks to reporters during a press conference on the sidelines of the National People’s Congress meeting. For the first time, he publicly condemned exuberant overseas deal-making by Chinese firms, further justifying China’s capital controls. Photo: EPA

Decoding China’s policy intent: how liberalisation happens behind the veil of conservative official statements

Nora Schlenzig and Lauren Chung try to decrypt China’s policy announcements at this year’s ‘two sessions’. Detecting the subtleties takes practice and, often, what is not said is just as important as what is said

Topic |   China's Two Sessions 2017

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Central bank governor Zhou Xiaochuan (third from left) speaks to reporters during a press conference on the sidelines of the National People’s Congress meeting. For the first time, he publicly condemned exuberant overseas deal-making by Chinese firms, further justifying China’s capital controls. Photo: EPA
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