The country, however, has a very different perspective on what is needed. Senior leaders acknowledge that progress has been more difficult than anticipated, but they remain committed to the path underpinned by high quality development. That was the key message coming from the Third Plenum, a key meeting of the Central Committee of the Chinese Communist Party (CCP).
What the West seeks from China often differs from what China desires for itself. Last week, the Ministry of Finance failed to deliver a “bazooka” rocket, leaving many Western economic commentators sulking because their expectations were not met.
This is the same group that often believes a single individual, President Xi Jinping, dictates every policy adopted by China. They inhabit a certain fairytale, shaped by perspectives from a colonial era, convinced they know what is best for China.
