Edi_20.12.

China’s political decision-makers are keenly aware of the tense economic situation. In September, Xi Jinping personally spoke of a „sense of urgency“ regarding the government’s economic management. And still, big changes have yet to happen. A commentary in the People’s Daily, published shortly before the Central Economic Conference in early December, gives an indication of what might be the reason, writes today’s author of „China Perspective.“