Hacker News Reader

Yes but the entire content of the article was taken from what that economist thinks should happen. Not what the actual plans are. The communist party has done no course correction at all so far and the actual decision what to do can only come from Xi.

View on HN

Because the party is actually only reacting way to late to events. Want to know how they plan economically in reality? Look at the botched covid pandemic- that was a pulse (the pandemic) and the party reacting to it. Now you know about capabilities and reaction speeds of the CCP in the most dire of emergencies.

The statements at the CEWC are endorsements from Xi. He literally talked about boosting consumption at his keynote there.

And that's a key piece of the current 5 year plan. The CCP is actively executing on converting the Chinese economy to more of a consumption based economy.

Talk is cheap. China shifting their economic model would be a geopolitical event of the decade. Nothing other than talk has happened.

What would be evidence for you?

Reply on news.ycombinator.com