Chinese pro-market economist Wu Jinglian warns of ‘state capitalism’ dangers

An influential Chinese pro-market economist has warned of the dangers of “state capitalism”, joining a chorus of liberals who say state intrusion is eroding confidence in the country’s economic future.
Wu Jinglian, who turns 89 this month, made the remarks in a video message delivered at a seminar in Beijing last week, hosted by liberal private think tank the Hongfan Institute of Legal and Economic Studies.
He said pursuing state control of the economy could easily lead to…



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