While the paper is the official newspaper of the Chinese Communist Party and read mostly by members of the party, the paper’s business section is now the voice of state-directed capitalism. Party members and seasoned China watchers read it carefully to gauge which way the political wind is blowing. A month ago the 370 full and alternate members of the Chinese Communist Party Central Committee met in a hotel in Beijing. Since China is ruled by the Communist Party, these meetings are where major policies and the long-term direction of the economy and country get hashed out.
What the Harvard Business Review and The People’s Daily think about leadership succession