"The government turns to us out of their incompetence; yet at the same time they want to eliminate us. That is their core notion." What you have just heard is a sentiment that has become an openly known secret among the private business community in China and vividly portrays the Chinese Communist Party's stance on private ownership.
In a surprising move this July, the CCP voiced their support for the private sector. Some speculate it's Premier Li Qiang, hailing from Wenzhou, championing a revival of the private economy. Conversely, President Xi appears less enthusiastic about private ownership. Is this change driven by political maneuvering or an economic concession?
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