With a wave of regulatory and other actions against leading private-sector firms, Chinese President Xi Jinping clearly intends to re-establish the Communist Party’s ultimate control over all aspects of Chinese life. Yet that effort may well kill the goose that lays the golden eggs.
China in One Country: interdependence or globalisation ‘with Chinese characteristics’?
When Xi Jinping champions globalisation, what, exactly, does he mean? And what do Chinese leaders mean when they refer to self-reliance? Is it autarky, or a new form of globalisation with Chinese characteristics, as President Xi might say?