China's Economic Shift Under Xi Jinping

This chapter explores the profound changes in China's economy since Xi Jinping took over, contrasting it with Deng Xiaoping's market-driven reforms. It reveals how a return to Marxist-Leninist principles has hampered economic growth, focusing on government intervention's impact on innovation and competitiveness. The discussion further delves into the implications of China's funding strategies and the geopolitical repercussions amidst global tensions.