China’s Faltering Economy Causes Political Shocks

When China’s 20th Party Congress convenes in mid-October, the country’s leaders are certain to be grappling with a host of external challenges, including Russia’s invasion of Ukraine, a fraying relationship with the United States, and growing tensions with Taiwan. But as the Party Congress prepares to inaugurate a new slate of party leaders, likely with Xi Jinping commencing an unprecedented third term as general secretary, the key challenge for the government will be managing China’s economy.

This article was originally published in ChinaFile. 

This article was originally published in ChinaFile. 

Three years of Xi’s “zero-COVID” policy and a lingering property crisis have taken a toll. Despite better-than-expected growth in retail sales and industrial profits in August, the outlook is far from bright. Economists have downgraded their forecasts…

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