Xi Jinping Aims to Rein In Chinese Capitalism

“Xi Jinping’s campaign against private enterprise, it is increasingly clear, is far more ambitious than meets the eye,” the Wall Street Journal reports.

“The Chinese President is not just trying to rein in a few big tech and other companies and show who is boss in China.”

“He is trying to roll back China’s decadeslong evolution toward Western-style capitalism and put the country on a different path entirely, a close examination of Mr. Xi’s writings and his discussions with party officials, and interviews with people involved in policy making, show.”