China’s Chickens Come Home to Roost


Even if the United States continues to provide the four structural resources needed to support the post-war international order, China increasingly ap pears to be on a glidepath toward economic and geopolitical decline. In fact, there is no basis for the belief that China can reach high, politically determined growth targets in perpetuity.

Consider the headwinds China is facing in 2022. At the annual meeting .....
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