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How China’s control-freak leader is hurting its ecnomy

Por: New York Post Opinion December 09, 2023

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What’s important to Chinese President Xi Jinping? Judging by the outcomes of his helmsmanship, it sure isn’t his nation’s economic performance. A decade under Xi has resulted in a dangerously out-of-balance Chinese economy – in asset bubbles, and in unsustainable debt. State-led growth works for a while, but its costs eventually make themselves clear. So clear, in fact,that rating agency Moody’s Investors Serviceon China’s sovereign... + full article



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