Financial Times: Beijing’s pivot from market reforms sparks viral debate on economic agenda

 

Christopher Marquis, Sinyi Professor of Chinese Management at Cambridge Judge Business School, is featured in this article about China’s wealth.

The ‘mechanisms’ of achieving wealth distribution have to be considered carefully to ensure that “the high-end productive and innovative part of the economy isn’t killed by the redistribution,” Christopher says.

“The principle of trying to spread the economic success China had over the past 40 years to less developed cities and rural areas is in theory a good strategy, but as I’ve seen how it’s implemented, it’s very heavy-handed towards the rich.” he says.

Read the full article [ft.com]