CHINA’S ECONOMY WORSENS AS XI’S RULE FALTERS
The relentless cascade of bad economic news in China has not only cast doubt on the governance ability of the Xi Jinping leadership.
It has also called into question the long-term viability of the Chinese economic model, which stresses maintaining party-state control of the market and limiting international access to sensitive sectors such as finance.
Given supreme leader Xi’s Maoist-style and statist approach to the economy as well as his insistence on a “zero-tolerance” pandemic policy, confidence in China’s future among its neighbors and trading partners is tipped to drop even further.
Looking forward, there seems to be no easy way out for Xi. Here’s why.












