Why Xi is walling in China’s money – and why it won’t work

TOKYO – China’s latest fix for its ailing economy: build a better birdcage. The metaphor runs deep in Chinese culture, where enclosures for pet birds have long captured the tension between freedom and control — the belief that markets, like captive creatures, need defined limits or they descend into chaos. But Xi Jinping’s attempt to […] The post Why Xi is walling in China’s money – and why it won’t work appeared first on Asia Times.