A couple carry bags along the main shopping street in Shanghai last November. More market rather than less is key to sustaining China’s economic growth in the long term. Photo: AFP
Between the market and the party, are China’s reforms moving in the right direction?
Michael Clauss says concerns about increasing Communist Party influence over state-owned enterprises, despite hopes of further liberalisation, raise questions about decision-making, bottom lines and stakeholders’ roles
A couple carry bags along the main shopping street in Shanghai last November. More market rather than less is key to sustaining China’s economic growth in the long term. Photo: AFP