Noahpinion

Share this post

China's "Profound Transformation" is not so profound

noahpinion.substack.com

China's "Profound Transformation" is not so profound

It's hardly Cultural Revolution 2.0. More like 1950s conservatism.

Noah Smith
Sep 2, 2021
26
26
Share this post

China's "Profound Transformation" is not so profound

noahpinion.substack.com
"Xi Jinping" by theglobalpanorama is licensed under CC BY-SA 2.0

I do not claim to be a China expert. But when it comes to the logic behind China’s new economic regime, I got it right. My thesis was that China’s seemingly arbitrary crackdown on its consumer internet industry (as well as its finance and private education industries) was all about redirecting the country’s resources toward things that would increase it…

Keep reading with a 7-day free trial

Subscribe to Noahpinion to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
Previous
Next
© 2023 Noah Smith
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing