News Analysis
China’s Fourth Plenum recently wrapped up with a familiar pledge: The next five-year plan will deliver “high-quality development” and “technological self-reliance” under even tighter Chinese Communist Party (CCP) control. Officials were told to brave “high winds, choppy waves, and even dangerous storms.”
While the Party’s tone was confident, experts who spoke with The Epoch Times gave a very different picture.
“So far, money is voting with its feet,” said Frank Tian Xie, a business professor at the University of South Carolina Aiken.
China’s economic system, the experts said, still runs on the same principle: the CCP overrides prices, law, and accountability….
Why China’s Economy Keeps Hitting the Same Dead End Under the CCP–No Matter Who’s in Power
