Is there Inner Party Push Back to Xi’s Economic Policies?
Formal opposition to Xi Jinping is highly unlikely, but that doesn't mean there isn't disquiet about his way of operating.
April’s dismal economic data from China has led many pundits to question whether the combination of crackdowns on the technology and real estate sectors, along with Beijing’s insistence on its zero-Covid stance, is really serving the country well. Some have even speculated that criticism of Xi Jinping and his policies is growing within the upper echelons of the Chinese Communist Party (CCP).
Given the high degree of power consolidation that Xi has carried out in recent years, outright opp
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Chinese companies have decided that the best place to make money right now is outside of China. The phenomenon known as chu hai (出海), which translates to “go global,” has taken hold, marking a kind of second 'go out' initiative. This time, however, Chinese companies are being met with scrutiny and suspicion.
The former Commerce Secretary and ambassador to China talks about how his background shaped his approach to dealing with Beijing, the pivot to Asia and negotiating Chen Guangcheng's release.
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