Analysis Looking back at 2022, China’s economy increasingly struggled under various policies of the Chinese Communist Party (CCP). From the extreme “zero-Covid” policy to the regulations in the real estate sector, and from the waves of defaulted loans on incomplete buildings to the deterioration of exports, China’s economy has been hit hard, and many policies…
Chinese Officials at a Loss Under Contradicting Directives from Top Leaders
June 4, 2022
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ChinaChina Business & EconomyChina's economy slowsChinese Premier Li KeqiangChinese Regimezero-covid policy
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The disagreement between Chinese leader Xi Jinping and Premier Li Keqiang has become more obvious than ever. With the Chinese economy currently in turmoil and at huge risk, Xi insists on pushing his “zero-COVID” policy at all costs, while Li calls for stabilizing the economy at all costs. On May 25, Li convened a national…
China’s Economy Weakens: COVID-19 Yes, but Also More Fundamental Growth Impediments
September 10, 2021
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Archivedchina's economic growthChina's economy slowsChina’s economyOpinionThinking About ChinaViewpoints
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Commentary The latest news out of China shows an economy in decline. Crucial August measures of both industry and services confirm the fact. No doubt, much in the setback reflects the early summer rise in COVID-19 infections and the subsequent lockdowns imposed by Beijing’s “zero-tolerance” policies. Now that infections seem to be abating, strictures will…
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