Looking for policy signals from Xi’s meeting with private firms?
These 2 photos tell you everything:
1. 4 decades after launch of reforms, private businessmen are still only shown from behind - suggesting they remain a face the CCP prefers not to see, much like a chamber pot
These 2 photos tell you everything:
1. 4 decades after launch of reforms, private businessmen are still only shown from behind - suggesting they remain a face the CCP prefers not to see, much like a chamber pot
you avoid unless absolutely necessary.
2. With only one person talking—Xi—and private businessmen busy taking notes, the message is clear:
there is no real dialogue, only directives.
2. With only one person talking—Xi—and private businessmen busy taking notes, the message is clear:
there is no real dialogue, only directives.
3. The best these businessmen get is half of their face turned toward the leader’s entrance—signaling that all initiatives must come from the Party, while the private sector merely waits to sense which way the wind is blowing.
Bottom line:
Get out just like the other 99% of FDI that exited in the last 3 years.
Without an official declaration, de facto sanctions are already in place as China’s FDI is now at 1993 level, when post-Tiananmen sanctions were still in effect.
Get out just like the other 99% of FDI that exited in the last 3 years.
Without an official declaration, de facto sanctions are already in place as China’s FDI is now at 1993 level, when post-Tiananmen sanctions were still in effect.
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