- July 7, 2021
- Posted by: Stratford Team
- Category: Business
The Wall Street Journal senior writer Jon Hilsenrath argues that China is moving towards a more ‘closed society.’
The Wall Street Journal senior writer Jon Hilsenrath joined FOX Business’ “Mornings with Maria” to discuss the rising threat of China on the heels of the crackdown on ride-hailing giant Didi. He argued that they’re moving in the “wrong direction,” towards a closed society under President Xi Jinping.
CHINA’S CRACKDOWN ON DIDI AN ‘ATTEMPT’ TO PREVENT INFORMATION FROM BEING LEAKED: GORDON CHANG
JON HILSENRATH: I think the Chinese are really run the risk of killing the golden goose that lifted hundreds of millions of people out of poverty in that country over the last three years, and that is a more open society. They’re moving towards a more closed society. That’s especially evident in Hong Kong, which was this kind of bastion of free markets. And they’re cracking down there.
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