'Xi Jinping wants to loosen the reins on the private sector, after years of reining them in'
- Posted on February 21, 2025
- By Le Monde
- 3 Views
'Xi Jinping wants to loosen the reins on the private sector, after years of reining them in'
COLUMN. For a decade, the Chinese president has showered state-owned companies with subsidies. But moribund growth and many private companies' status as world leaders are forcing him to change the balance of power, explains Philippe Escande, economic columnist at Le Monde.
