China's economy, which has been a model of growth for the past 40 years, is facing deep distress and its long era of rapid economic expansion may be coming to an end, marked by slow growth, unfavorable demographics, and a growing divide with the US and its allies, according to the Wall Street Journal.
China's President Xi Jinping reassured the BRICS group that China's economy is resilient and its long-term growth remains unchanged, despite challenges such as a property slump and weak consumer spending.
As China's economic crisis unfolds, it is becoming apparent that the immense debt accumulated in building infrastructure projects, coupled with high unemployment and personal decisions made by Xi Jinping, could pose a serious threat to the regime's stability and potentially lead to a post-Communist China.
China's economy is struggling and facing a lurching from one economic challenge to the next due to failures in economic policy and the centralization of power under President Xi Jinping, which is causing bad decision-making and a decline in living standards.
China's economic slowdown, coupled with a property market bust and local government debt crisis, is posing challenges to President Xi Jinping's goals of achieving economic growth and curbing inequality, potentially affecting the Communist Party's legitimacy and Xi's grip on power.
China's Premier Li Qiang faces significant challenges as he tries to navigate the country through an economic crisis caused by the pandemic and external pressures, including record-high youth unemployment, a property crisis, and faltering investor confidence, all of which have led to concerns about China's economic stability and long-term growth prospects.
China's economy is facing challenges, with youth unemployment at a record high, mismatched skills in the job market, and the risk of falling into the middle-income trap, jeopardizing President Xi Jinping's goal of turning China into a high-income nation.
Many ordinary Chinese are experiencing a widespread economic slowdown characterized by pessimism and resignation, despite Beijing's attempts to downplay concerns and project a positive narrative.
China's economy is experiencing a structural slowdown and becoming increasingly opaque, making it difficult for outsiders to understand the true state of the country's economic affairs, as President Xi Jinping prioritizes ideology over economic growth and transparency.
China's President Xi Jinping is unlikely to change his stance and provide stimulus checks to Chinese households, indicating a prioritization of maintaining control over the economy rather than empowering consumers and stimulating growth.
China's economic problems are beginning to resemble Japan's long-lasting issues, as a real estate crisis, an aging population, surging youth unemployment, and high local government debts create a crisis of confidence, potentially leading to a "lost decade" of economic stagnation and deflation, while Japan shows signs of climbing out of its decades-long economic nightmare with rising inflation and a potentially optimistic outlook.
China's failure to restructure its economy according to President Xi Jinping's bold reform plans has raised concerns about the country's future, with the possibility of a financial or economic crisis looming and a slow drift towards stagnation being the most likely outcome. The three potential paths for China include a swift, painful crisis; a gradual winding down of excesses at the expense of growth; or a switch to a consumer-led model with structural reforms that bring short-term pain but lead to a faster and stronger emergence.
The prospect of a prolonged economic slump in China poses a serious threat to global growth, potentially changing fundamental aspects of the global economy, affecting debt markets and supply chains, and impacting emerging markets and the United States.
China's economic slowdown is posing a significant challenge to President Xi Jinping's agenda, forcing him to make difficult choices and potentially relinquish some control over the economy. The slump in housing sales and the crackdown on private capital are among the factors contributing to the economic setbacks, prompting calls for change and a reevaluation of economic policies under Xi's highly centralized leadership. However, Xi seems reluctant to make major changes to his strategy, opting for a hands-off approach and avoiding a big rescue plan for distressed developers and local governments. The central government's control over taxes and the need to revamp the fiscal system further complicate the situation. Restoring government finances while reassuring private investors is a daunting task that requires strong leadership and potentially contentious policy changes. The upcoming Communist Party meetings will shed light on how Xi plans to restore confidence in his economic agenda, but some economists and former officials warn that time may be running out for China to embrace necessary reforms.
Chinese President Xi Jinping's decision to skip the G20 summit in India may be linked to internal politics and a recent dressing down from retired party elders, as China grapples with economic and social turmoil.
China's President Xi Jinping is shifting away from the aggressive "wolf warrior" diplomacy and positioning China as a global peacemaker, seeking alliances with the West and Asia, possibly due to economic challenges and a desire to establish more partnerships internationally.
China's workers, including employees at state-owned companies and foreign firms, are increasingly studying the writings of President Xi Jinping, known as Xi Jinping Thought, as part of a new propaganda campaign launched by the Chinese Communist Party to promote ideological purity and loyalty to the regime leader.
Senior members of the Chinese Communist Party have criticized Xi Jinping for his alleged mismanagement of the economy, marking a rare reprimand for the Chinese leader who has decided not to attend the G20 summit in India this year and has expressed frustration to his aides, blaming past presidents for the current issues in the country.
President Xi Jinping's absence from the G20 summit in New Delhi has left only China to explain the reason, according to a US official, casting doubt on China's commitment to the success of the bloc.
The disappearance of China's defense minister, Li Shangfu, and other political upheavals are causing uncertainty about President Xi Jinping's rule and could impact other countries' confidence in China's leadership.
Chinese President Xi Jinping faces numerous challenges, including economic troubles, natural disasters, community dissent, and international conflicts, as he continues to centralize power, leading to signs of dissatisfaction and potential issues ahead.
China has lodged a complaint against Germany after its foreign minister referred to President Xi Jinping as a "dictator," an accusation deemed "absurd" and an "open political provocation" by the Chinese Foreign Ministry.
The recent disappearance of China's defense minister and former foreign minister highlights the opacity and unpredictability of Xi Jinping's government, posing challenges for foreign businesses and governments dealing with China's lack of transparency and potential changes in policy direction.
China's slowing economic growth under Xi Jinping's centralization policies could lead to resistance and expose divisions within the country, potentially threatening the CCP's power, according to former White House official John Bolton.
President Xi Jinping's efforts to tackle the housing crisis in China face obstacles as multiple property developers, including Evergrande and China Oceanwide, deal with debt restructuring, liquidation, and potential defaults, leading to investor confusion about the government's plan to stabilize the market.
China's President Xi Jinping has announced plans to intensify anti-corruption efforts in state-owned companies and the financial sector to enhance their economic contributions.
China's President Xi Jinping emphasizes the need for reform and opening up the economy as foreign investors consider leaving, calling for a greater opening up of free-trade zones and a focus on playing by international trade rules. Despite these efforts, China's foreign direct investment has fallen and US businesses remain skeptical due to regulatory uncertainties and geopolitical risks.
China's economic growth appears to be slowing down, with issues such as an aging population and a collapsing housing sector leading to speculation that the country's economic miracle may be coming to an end, while its diplomatic strategies have also caused strain on international relationships.
China's economic malaise is attributed to a failure to implement necessary reforms, with structural threats to stability increasing and growth expectations diminishing, according to a report by Rhodium Group and the Atlantic Council, which warns that the country's goal of becoming the world's largest economy may be delayed.
Chinese President Xi Jinping downplayed concerns from American senators about China's challenge to the United States' superpower status, stating that he believes the "Thucydides Trap" is not an inevitable scenario and that China and the US can coexist and prosper together.
Chinese President Xi Jinping should address the underlying causes of the country's economic troubles instead of focusing on the symptoms.
Chinese leader Xi Jinping is hosting a high-profile forum in Beijing to promote China's role in economic development and project itself as an alternative global leader to the US, as tensions in the Middle East threaten US dominance in the region.
Chinese President Xi Jinping warned against decoupling from China and criticized Western efforts to reduce dependence on the Chinese economy during the Belt and Road Initiative forum, while also emphasizing the success of the infrastructure plan and promoting cooperation in green infrastructure, energy, transportation, and artificial intelligence.
China's real estate market is declining, debt deflation is a concern, its workforce is shrinking, and GDP growth is slowing, leading to warnings of "Japanisation" and prolonged economic malaise, worsened by President Xi Jinping's autocratic rule and economic imbalances far worse than Japan's in 1990.
