Zhang Weiying, an outspoken economics professor at Peking University, has flagged the risks of excessive government intervention in China’s markets. Photo: World Economic Forum
China risks ‘common poverty’ if Beijing excessively intervenes in market, economist warns
- President Xi Jinping has turned the spotlight back onto China’s widening wealth gap, but prominent pro-market economists say government overreach could backfire
- And as Beijing cracks down on monopolistic tech companies, analysts urge the central government to focus on fixing problems with state-owned enterprises
Zhang Weiying, an outspoken economics professor at Peking University, has flagged the risks of excessive government intervention in China’s markets. Photo: World Economic Forum