Could coronavirus threaten China’s shift towards market economy?

Could coronavirus threaten China’s shift towards market economy?

Could coronavirus threaten China’s shift towards market economy?


The Chinese state’s increased role in economic activity in the wake of the Covid-19 pandemic is threatening the country’s move towards a market-oriented economy, a government adviser has warned.Peng Sen, a former deputy head at the National Development and Reform Commission, told a forum hosted by Renmin University in Beijing that China is only halfway to creating a market-based economic system, adding that the coronavirus and tensions with the United States are pushing the government back…

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