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The Quiet Reformer: How Li Rongrong Changed the DNA of China’s State Giants

April 14, 2026 Category: Economy & Policy li rongrong

Western analysts often ask, “Can China reform its SOEs?” Li Rongrong proved the answer is not black or white. It’s a perpetual grey zone—and he navigated it better than most. What are your thoughts on China’s SOE reforms? Do you think the “market-oriented” approach can survive political pressures? Let me know in the comments. The Quiet Reformer: How Li Rongrong Changed the