Xi Jinping and unicorns: Reviving the animal spirits of China’s economy?

1 week ago 57

Updated

Jun 11, 2024, 07:47 PM

Published

Jun 11, 2024, 07:46 PM

BEIJING – Chinese President Xi Jinping wants to know why the number of new unicorn companies in his country is on the decline.

His question, posed at a closed-door symposium with business leaders and economists, was made public in late May via an article in party newspaper People’s Daily.

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