Wang Hui on the dismissal of Bo Xilai
"The Chongqing experiment, launched in 2007, coincided with the global financial crisis, which made a new generation feel less confident of the benefits of free-market ideology. The policies followed in Chongqing demonstrated a move away from neoliberalism at a time when the national leadership was finding it harder to continue with its neoliberal reforms. What the Chongqing incident now offers the authorities is an opportunity to resume its neoliberal programme. Just after Bo was sacked the State Council’s Development and Research Centre held a forum in Beijing at which the most prominent neoliberals in China, including the economists Wu Jinglian and Zhang Weiying, announced their programme: privatisation of state enterprises, privatisation of land and liberalisation of the financial sector."
Source: "The Rumour Machine. Wang Hui on the dismissal of Bo Xilai"
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