13min chapter

Economist Podcasts cover image

Drum Tower: Xi’s doomed economic plan

Economist Podcasts

CHAPTER

China's Economic Strategy: Balancing Growth and Security

This chapter examines China's recent economic gathering in Beijing, focusing on the country's ambitious plans for high-end manufacturing and technological self-reliance amidst a property crisis. It highlights the contradictions in China's trade rhetoric versus its practices, which may lead to global skepticism and heightened tensions. The discussion also touches on the challenges faced by emerging economies and the potential impacts of China's focus on domestic security over comprehensive economic development.

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