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I FORESEE TO WIN
NOTHING IS PERMANENT EXCEPT CHANGE

China's new economic measures announced on Monday -- to increase liquidity and offering nearly $200 billion to local governments so they can spend on infrastructure -- signals priorities shifting from slashing debt to weathering the trade war with the U.S.

 

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The second is that it’s an open question whether China will achieve rejuvenation in the face of both a seemingly stagnating economy and party factionalism. Xi is more powerful than his predecessors, but his rule is also more fragile. The Chinese Communist Party (CCP) has long faced a crisis of legitimacy, but Xi’s transformation of […]

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