CHINA’S IMPOSSIBLE CONTRADICTION
Chinese leader Xi Jinping is to unveil sweeping economic reforms at the Party's Third Plenum next month, with an assault on the state behemoths and the Party patronage machine (really?).
Yet he also wants to tighten the grip of the one-party, one-ideology, authoritarian state. Here's a good account from Wiang Xiangwei at the South China Morning Post.
The Development Research Center (DRC) in Beijing has published its road map of reform measures. It is being taken very seriously since it is written by none other than reformer Liu Wei and by President Xi's right-hand man on economic affairs, Liu He.
The problem is that these proposals skirt over/contradict the core finding of a joint DRC-World Bank report last year. It said China would not succeed in jumping to the next stage of economic development and would languish in the the "middle income trap" unless it embraces the whole package of modern free thinking. It did not quite say democracy, but that is what it meant.
