China Moving Back to More Command-and-Control-Styled Market Management

It appears that China is set to enact greater control over its market, a move that is sure, in time, to give advantage to the nation-states that ‘allow’ for more open markets.

From Reuters

China to form national markets supervision management bureau: parliament document

China has proposed forming a national markets supervision management bureau, a parliament document showed on Tuesday.

The latest ministry shake-up also includes the creation of a new immigration management bureau and the restructuring of the national intellectual property rights bureau.

The proposals will be formally approved by the parliament on Saturday.

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