Supply cooperatives play a vital role in the development of China’s rural areas. Photo: AFP

China’s rural supply cooperatives need private firms, former official says

  • Amid worries that China is heading down another planned-economy path, son of the late General Secretary Hu Yaobang weighs in with a pro-market perspective
  • An ardent supporter of China’s opening up and market economy, Hu Deping says that a government-controlled rural cooperative economy must be avoided
16 Nov 2022 - 8:00AM