Just as economic reforms were beginning in 19789-1979 and China’s leaders announced that China was going to create a “socialist market economy,” a prominent Chjinese economist said.
“Market economy” should be “a bird in the cage” of the socialist economy.
Today, Chinese law reform reflects a mixed picture: The cage has grown since the onset of reform, but the law is still a bird inside of it.
Stanley B. Lubman,
Chinese Law Reform: Its Recent Past and Uncertain Future,
Available at: https://scholarship.law.columbia.edu/chinese_legal_studies/27