In China, the government is the economy – Community News
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In China, the government is the economy

January 13, 2022 5:26 PM ET

“China misses target in 2020 trade deal” (US News, Jan. 3) provides an informative account of how China did not stick to its 2020 deal in the US-China trade agreement to buy US goods. Who is the buyer called “China”: private companies or the Chinese government? The Chinese government runs China like a giant corporation. The line between the state and private companies is blurred at best. The way the Chinese government treats companies like Didi and Alibaba is more like managing departments of China, Inc.

Ironically, the 2020 trade deal legitimized the Chinese government’s interference and strengthened its power, while we complain to the Chinese government that it interferes too much with the economy.