Navigating Troubled Waters Xi Jinping, Monopolized Power, Overproduction, and the Mandate of Heaven

Xi picked another path, that of the late veteran leader Chen Yun, which he celebrated this past June.
#Xijinping #MaoZedong #ChenYun #DengXiaoping #China #economicreforms #overcapacity #tradewar open.substack.com/pub/nordicli...

Xi Celebrates the Legacy of Chen Yun His "Bird Cage" Approach Opened for an ‘Enlightened Socialist Despotism’

#ChenYun is in many ways a perfect hero for #XiJinping, who in 2018 abandoned the term-limits #DengXiaoping had instituted. The mixed economy makes it easier to sustain centralized political power. #China #economicreforms
open.substack.com/pub/nordicli...