The Chinese authorities are concealing the state of the economy
But the Communist Party’s internal information systems may also be flawed
Zhao jian’s article was online for just a few hours on August 16th before censors erased it. To Western readers the content would have appeared anodyne, but to a Communist Party official it was laced with dangerous ideas. Mr Zhao, a respected economist, argued that it was hard to grasp why China’s government was not making more effort to stimulate the economy. The most serious economic downturn in a generation had caused uncertainty about the future to “coil around the hearts of the people”, he wrote. “The logic and constraints of decision-makers cannot be understood by the market.”
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This article appeared in the Briefing section of the print edition under the headline “Lowering the veil”
Briefing September 7th 2024
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