Stability Supplants Growth as China’s Organizing Principle

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As U.S.-China relations continue to deteriorate, Beijing is making a major policy shift in regard to social and economic governance. According to analysts, this new prioritization is setting up a long-term decline in the nation’s corporate productivity and economic growth, while defusing and managing political discontent.

Richard Yetsenga, chief economist at ANZ Bank argues that a number of restrictive factors includ.....
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