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The recent announcement of a US-backed rail and shipping project linking India with the Middle East and Europe is seen as a challenge to Beijing's "Belt and Road Initiative."
Join USIP for a discussion on its new Peaceworks report, China and the Reshaping of Global Conflict Prevention Norms. This report examines China’s influence on established global conflict prevention norms.
China's economic setbacks are challenging Xi Jinping's strategy for securing the country's rise and eroding his image of imperious command. The slump in housing sales, which was partly caused by Xi's crackdown on excessive borrowing by developers, has had a ripple effect on the broader economy. To spur growth, the government may have to give more freedom to private businesses and provide financial support to debt-laden local governments. However, Xi's highly centralized leadership may limit the circle of decision-makers.
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New York Times: Slowdown poses the most sustained challenge to Xi Jinping’s agenda.
The slowdown is posing perhaps the most sustained challenge to President Xi Jinping’s agenda in over a decade in power. He now faces a tangle of difficult choices.