Pekingology
The Party Knows Best: Aligning Economic Actors with China’s Strategic Goals
Nov 22, 2023
Max Zenglein, Chief Economist at the Mercator Institute for China Studies, discusses his recent report on aligning economic actors with China's strategic goals. They explore the establishment and focus of Merrick's, perceptions of European companies on the Chinese economy, China's vision for a new development path, reinforced controls and deep linkages, and transitioning to a consumption-led growth model in China.
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Quick takeaways
- The Chinese government has taken deliberate actions, including crackdowns on the real estate sector, to steer the country's economy and manage household sentiment.
- European companies need to understand the structural changes and complexities in the Chinese market in order to align their strategies accordingly.
Deep dives
China's evolving political system and economic actors aligning with strategic goals
China has emerged as one of the 21st century's most consequential nations, and understanding its governance is crucial. The podcast discusses how economic actors in China are aligning with the country's strategic goals.
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