Xi Shifts China's Focus from Growth to Control and Self-Reliance
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China's economy is slowing down deliberately under Xi Jinping's leadership. He values control over growth.
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Xi has restricted China's main growth engines - real estate, big tech billionaires, and foreign firms. This disappoints investors hoping for a stimulus-fueled rebound.
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Xi is gearing China's economy towards surviving a possible war over Taiwan. He wants advanced manufacturing and technology to strengthen China militarily.
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Investors can still profit from sectors Xi prioritizes - new materials, aerospace, electric vehicles, etc. But the old real estate boom is over.
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Xi offers "happiness through struggle" not consumer-led growth. He's battening down the hatches for conflict, not worrying about growth.