Meet China’s new tycoons
Who is winning in Xi Jinping’s economy?
Xi jinping has a master plan for China. Its ultimate goal is for the country to be the 21st century’s dominant superpower, both feared and admired. China’s increasing sabre-rattling encapsulates the desire to be fearsome. As for admiration, that is to come from growing economic and technological heft. Here, Mr Xi’s plan involves a reshaping of Chinese private enterprise.
This article appeared in the Business section of the print edition under the headline “China’s new tycoons”
From the August 13th 2022 edition
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