The PRC’s third historical resolution, generated by the recent 6th Party Plenum, has proclaimed a new era, shifting from economic development via reform and opening to ‘national rejuvenation'. We interpret it as a switch from neo-liberalism to neo-socialism with risk-averse 'baseline thinking' in the subtext.
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November: settling in to the new era
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The PRC’s third historical resolution, generated by the recent 6th Party Plenum, has proclaimed a new era, shifting from economic development via reform and opening to ‘national rejuvenation'. We interpret it as a switch from neo-liberalism to neo-socialism with risk-averse 'baseline thinking' in the subtext.