Saturday, September 19, 2020

CCP announces plan to take control of China's private sector | Asia Times Financial

(ATF) Chinese President Xi Jinping and the Communist Party's Central Committee have laid out a plan for a ‘new era’ in which the party has better control over private business in China.

The plan was detailed in a 5,000-word statement – and all regions and departments in the country have been told to follow the new guidelines.

This was the top story on Wednesday's CCTV Evening News – how the president had issued “important instructions”.

It had a long-winded title: "Opinion on Strengthening the United Front Work of the Private Economy in the New Era".

The ultimate goal is for the party to have ideological leadership of private enterprise.


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Goodness me. China has decided not to compete in the world. I suppose they'll rely ever more on industrial espionage.

Where will all the businessmen flee to?

Posted by: dearieme | Sep 20, 2020 5:14:58 AM

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