Chinese Premier Li Keqiang’s ‘stall economy’ proposal met with criticism from within CCP
(link) TAIPEI (Taiwan News)— The two most powerful figures in the Chinese leadership appear at odds with each other over a stimulus approach for the economic recovery, pointing to a rift in the Chinese Communist Party (CCP).
Chinese Premier Li Keqiang (李克強 on May 28 proposed the notion of a "stall economy" as a way to revive the battered state of things and spur spending amid the coronavirus fallout. The policy would signal the return of street vendors, who were largely cracked down on prior to the pandemic.
Less than a week later, however, CCP mouthpieces and a number of government media outlets have mounted a campaign against that approach over its potential to blemish the image of cities.
on May 28 proposed the notion of a "stall economy" as a way to revive the battered state of things and spur spending amid the coronavirus fallout. The policy would signal the return of street vendors, who were largely cracked down on prior to the pandemic.
