Running out of road: China Pathfinder 2023 annual scorecard
Pathfinder examines if China’s economy is converging with open markets in competition, financial system, trade, investment, and innovation.
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Pathfinder examines if China’s economy is converging with open markets in competition, financial system, trade, investment, and innovation.
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The line of dominoes that is already toppling extends around the entire global economy and financial system. Plan accordingly. That China faces structural problems is well-recognized. The list of articles in the August issue of Foreign Affairs dedicated to China reflects this: Xi’s Gamble: the Race to Consolidate Power and Stave Off Disaster China’s Economic Reckoning: The Price of Failed Reforms The Robber Barons of Beijing: Can China Survive its Gilded Age? Life of the Party: How Secure Is the CCP? (Chinese Communist Party) These are thorny, difficult issues: a demographic cl...
President Xi is not about to overturn Chinese capitalism, nor is the regime implementing “communist” measures against the super-wealthy oligarchs it helped to create.