A korrentour readingWhat is a korrent?
China is politically centralised and economically decentralised, and the belief that a handful of people run its economy is the West's biggest misconception about it.
Drawn from what Keyu Jin said
A korrentour readingWhat is a korrent?
Drawn from what Keyu Jin said
Word for word, with the source under each one. They did not write this page.
Economist specialising in China's economy
The biggest misunderstanding is somehow that a group of people or even just one person runs the entire Chinese economy. It is far from the reality. It is a very complex, large economy, and even if there is an extreme form of political centralization, the economy is totally decentralized.
Added to korrents 13 Aug 2025 · How quotes work · Something wrong? Tell us
Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.