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.'







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