Wang Xiangwei
Wang Xiangwei
Opinion

SCMP Columnist

China Briefing by Wang Xiangwei

Beijing’s tight grip on economy leaves tycoons on a tightrope

The exoneration of Wumart founder Zhang Wenzhong raises hopes of a new approach to private enterprise in China. But opaque policymaking and the government’s stranglehold on the economy stand in the way of true change

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