CHINA-INTERNAL: LEADERSHIP
Wan Zhe, Chief Economist at the NDRC
International Cooperation Centre (ICC) since 2016 has come to prominence as
interpreter of Xi Jinping's 'new financial doctrine' that elevates
‘financial security’ to an existential concern. She frequently appears on
state-run TV. Wan Zhe argues that 'Finance is a key component of interstate
competition and it is crucial for their survival and success'. She maintains
that 'the Soviet Union’s fall and the current oil price slump plaguing Russia
are both results of a US-led ‘financial war’' and 'warns against ‘premature
liberalisation’ allowing countries to be ‘bankrupted by looters’. Wan Zhe also
says 'China should stop following rules set by others and should instead
reshape the geopolitical order with its financial tools, as the US did with the
Marshall Plan.' |