Xuepeng Liu, Author at China Research Center

Market vs. Government in Managing the Chinese Economy: Domestic and International Challenges Under Xi Jinping

September 9, 2019
Xuepeng Liu
2019: Vol. 18, No. 1

This essay is a reflection of what I wrote five years ago on the Decisions of the 11th Party Congress’ 3rd Plenum of China’s Communist Party in 2013 (Liu, 2014). In the original essay, I pointed out that the dominant role played…

Market vs. Government in Managing the Chinese Economy

October 15, 2014
Xuepeng Liu
2014: Vol. 13, No. 2

One issue that stands out in the Decision concerns the relationship between market forces and the power of government in the Chinese economy. In previous government statements or reports, the market was expected to play a fundamental role; while in…