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Chinese universities have been overrun by Western (neoclassical) economics for the past couple decades.
In China, neoclassical economics are known as Western economics (西方经济学), and Marxian economics are known as political economy (政治经济学).
Political economists aka Marxian economists have long been banished to humanities and social science departments.
Most prominent Chinese economists who are close to the center of power today, like Justin Lin Yifu (Chicago school), Zhang Weiying (Austrian school, PhD Oxford), Yi Gang (just sacked as head of PBoC) etc. are all Western educated or specializes in Western neoclassical economics even when they did their PhD in China (Li Yining, for example, who was the PhD advisor of Li Keqiang. Both of them just died this year.).
The legendary Marxian economists of the previous era like Xue Muqiao and Sun Yefang no longer exist as important players in today’s China economics department in the academia, nor are they giving advise to the Central Committee.
Out of interest, are these two worth reading? And do you have other recommendations?
That seems very grim. Is there any chance of this reversing ?