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China’s Economy Remains ‘Uninvestable’; Liu He’s ‘Promises’ Are Fatuous Under CCP’s Criminal Rule

China’s Economy Remains ‘Uninvestable’; Liu He’s ‘Promises’ Are Fatuous Under CCP’s Criminal Rule
China's Vice Premier Liu He gestures to the media between U.S. Trade Representative Robert Lighthizer (L) and Treasury Secretary Steve Mnuchin before the two countries' trade negotiations in Washington, on Oct. 10, 2019. Yuri Gripas/Reuters
J.G. Collins
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Commentary
Earlier this month, Liu He, China’s vice premier for economic affairs, stepped up to offer some nebulous assurances of “reforms” to try to reverse what had been an earlier rout in Chinese equities. Western investors bought the messaging and the markets recovered, but Liu’s assurances are illusory.
J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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