Does China need its own theory of economics? Some academics call for a new model

Does China need its own theory of economics? Some academics call for a new model

In his commentary, Zhou said President Xi Jinping’s political doctrine on the economy should serve as a guide for the framework, saying Xi’s thoughts on the economy “provide accurate guidance for grasping the logic of economic and social development”. He echoed Xi’s comments last year that China’s progress had debunked “the myth that modernisation means … Read more

Xi Jinping warns top officials to contain political risks to avoid China’s economy, society being hit by ‘butterfly effect’

Xi Jinping warns top officials to contain political risks to avoid China’s economy, society being hit by ‘butterfly effect’

“Small risks will become big risks, risks will become general risks, and economic and social risks will become political risks.” In the speech, Xi also asked officials to “identify risks early, act quickly, take command at the front and make immediate judgments as soon as they arise”. 03:12 Xi Jinping, Joe Biden hold talks on … Read more