There are recent signs that the CCP authorities’ fiscal problems are worsening.
China’s plummeting stock markets reflect a lack of optimism and confidence in China’s growth prospects by investors in general and hints at a worsening of financial risks.
1 Beijing’s announcement of 5.2% GDP growth met with skepticism Li Qiang’s speech at Davos PRC premier Li Qiang attended the annual meeting of the World Economic Forum and delivered a speech at the opening ceremony. Li made the following noteworthy remarks about China’s economic development: China’s economy is moving steadily forward …
Read moreBeijing’s announcement of 5.2% GDP growth met with skepticism
The CCP authorities and the central bank are struggling to turn around the economy with the current tools at hand.
Xi Jinping appears to be addressing his political problems by doubling down on the anti-corruption campaign.
Read moreXi Enters 2024 Facing ‘Severe and Complex’ Political Troubles
China’s economic difficulties and growth struggles are reflected in the sluggish export figures
The Xi leadership will find tackling corruption in the military to be a particularly steep challenge.
We believe that Xi’s “self-revolution” efforts will not do much to eliminate corruption but will instead accelerate the development of crises.