Kong Dan is the former chairman of the state-owned Citic Group and Everbright Bank. Photo: Handout

Trade war reflects US fear of China’s state-led economic model, says member of Beijing’s political elite

  • Kong Dan, the former chairman of the state-owned Citic Group and Everbright Bank, urges Beijing to stick to its development path over adopting a western model
  • Speech at Moganshan Research Institute comes at a time when US and Chinese negotiators are said to be near an agreement to end their 10-month trade war
Topic |   China economy

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Kong Dan is the former chairman of the state-owned Citic Group and Everbright Bank. Photo: Handout
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