Li Lu: From Market Reform to Justifying State Planning
Li Lu is someone I know personally and a highly respected investor. His recent @Columbia_Biz speech presents China’s industrial achievements as a vindication of state planning—a marked shift from his earlier arguments for market reform.
https://t.co/uZVtLodJrk
Given his prominence in the investment community, I think it’s important to examine his arguments and judgements. I revisited his writings and speeches from 2014 to 2025 to see how his analysis had evolved.
https://t.co/dKRqI0KaWx