Beltway Confidential

Xi’s war on economic reality

By Tom Rogan
Published May 9, 2023 4:37pm ET
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Xi’s war on economic reality
President Xi Jinping of China wants to boost foreign investment in his economy. He needs that investment to secure the increased GDP growth necessary to offset China’s structural economic weaknesses. Foremost among these weaknesses is the Communist Party’s unproductive allocation of capital. High youth unemployment rates, especially for college graduates, also concern officials. Educated young […]

President Xi Jinping of China wants to boost foreign investment in his economy. He needs that investment to secure the increased GDP growth necessary to offset China’s structural economic weaknesses.

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China Intellectual Property Xi Jinping