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

New York Post - Opinion
How China’s control-freak leader is hurting its ecnomy
source : New York Post ( Middle East ) () 94
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...

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