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Xi Is Running Out of Time
Article

Xi Is Running Out of Time

China’s Economy Heads for a Hard Landing

Daniel H. Rosen
Foreign Affairs, 2021
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Editorial Rating

8

Qualities

  • Eye Opening
  • Overview

Recommendation

China’s economy is headed for a decline sooner rather than later, says foreign policy expert Daniel H. Rosen in this illuminating commentary. Policy reversals and misguided incentives in the name of national security show the Chinese Communist Party’s attempts at self-preservation, he writes, and China’s financial markets and economy will not reach full throttle until the government effects needed reforms. Students of geopolitical economy will find this article on China’s challenges particularly instructive.

Take-Aways

  • The near-term prospects for China’s economy are downbeat.
  • Economic policy makers have stumbled in critical areas.
  • The Chinese Communist Party has put off much-needed economic reforms.

About the Author

Daniel H. Rosen is a founding partner of the research and consulting firm Rhodium Group, where he heads the firm’s work on Asia.

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