BEIJING—Earlier this month, President Xi Jinping and Premier Li Keqiang both delivered forceful instructions on how to reform China’s state-owned sector. On July 4, officials of the State Council, China’s cabinet, were read remarks by Mr. Xi calling for “stronger, better, bigger” state juggernauts, with a central role for the Communist Party in their management. Mr. Li’s prepared... Their messages directly contradicted one another.

Source: Wall Street Journal July 21, 2016 20:48 UTC