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U.S.-China Business Council head: CCP plenum to spur more restrictive policies

October 27, 2020 at 12:39 PM
Key policies under consideration in Beijing this week signal the country is aiming to increase its control over companies and the economy rather than striving for market orientation, U.S.-China Business Council President Craig Allen said this week. Chinese President Xi Jinping and members of the party’s Central Committee are meeting from Oct. 26-29 to devise economic policy goals for the next five years. Among those, according to Allen, are some good and some “problematic” possibilities -- including a so-called “dual-circulation...


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