Responding to China’s New Trajectory


To evaluate the sustainability of China’s current economic trajectory, we need to understand Xi Jinping’s vision for reinventing the country’s CCP-dominated economic model. As explained in prior Trends issues, this emerging vision implies that economic efficiency and rapid growth will often “take a backseat” to the CCP’s overtly political goals.

At China’s March 2021 Party Congress, Xi outlined plans t.....
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