Xi himself a risk to Chinese economy: Report highlights Jinping's 'abrupt, extreme' policies


Source: dailyhunt.in dailyhunt.in

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This comes as experts say that weakening growth in the closing months of 2021 could cause trouble as China faces a worsening real estate crisis, the latest Covid outbreaks and the country's strict no-tolerance approach to controlling the virus. Although last year's growth figure is somewhat in line with the expectations. But, experts point out how China's GDP expanded just 4 per cent in the last quarter of the year compared to a year prior, the slowest pace in a year and a half. "If Xi fails to improve the economic situation by the Communist Party's national congress in autumn,...