Tuesday, September 3, 2019

Think Tank Unirule Cracks Under Chinese Pressure

Here is more from Bloomberg:

One of China’s most prominent independent think tanks will cease operations after years of attempts by government officials to silence it.
The Unirule Institute of Economics, which advocated free-market economic theories and is well known in U.S. academic circles, has decided to shut down after district officials in Beijing declared that it was operating without authorization, the organization said in a statement dated Aug. 26. Although Unirule said it intends to fight the government determinations, it will nonetheless halt its activities and stop updating its website apart from notices relevant to the winding-down process.
The end of Unirule closes down one of the last venues for open debate on economic issues in China. Founded in the early 1990s by a pair of celebrated Chinese economists, Mao Yushi and Sheng Hong, Unirule once enjoyed a broad following in business and political circles, producing widely read analyses of government policies and financial issues. But that changed dramatically under President Xi Jinping, who has implemented a broad crackdown on dissent since taking power in 2012.

Here is how the Wall Street Journal reported on Unirule's closing, and here is what The Economist had to say.