Peak Confusion: Why Betting on a Weakened China is a Bad Idea
Misdiagnosing China’s economic health and military potential could have serious consequences for American policy making.
Chinese President Xi Jinping makes a joint statement with Russian President Vladimir Putin following a meeting at the Great Hall of the People in Beijing, China, May 16, 2024. Credit: Sergey Guneev/Sputnik via AP Images
China today confronts a whirlwind of economic and geopolitical challenges: slowing growth rates, looming demographic decline, mounting debt levels, and a post-Covid confidence funk. Just five years ago, many were proclaiming the inevitable ascent of China. Today’s tune is different, with analysts asking: has China “peaked?”, and predicting Beijing seeks to reclaim Taiwan before its window of opportunity slams shut.
A CCTV video covering Xi Jinping's inspect
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