‘Likonomics’? No, Xi rules that Party control and favored monopolies trump free market policies

‘Likonomics’? No, Xi rules that Party control and favored monopolies trump free market policies

Special to WorldTribune.com By Willy Lam, East-Asia-Intel.com The Beijing propaganda machinery has gone into overdrive to advertise the upcoming plenary session of the Chinese Communist Party (CCP) Central Committee, which is scheduled to endorse an economic-reform blueprint. Yu Zhengsheng, the No. 4-ranked member of the all-powerful Politburo Standing Committee (PBSC), has asserted that “the scale […]