How Xi Jinping Became a Prisoner of His Party’s Language
As the ultimate institutionalist, Xi derives his power and authority from the Party’s ideology, rhetoric, and rules — but now finds himself constrained by them.
Chinese President Xi Jinping makes a toast after delivering a speech during celebrations for the 25th anniversary of Macao's handover, December 19, 2024. Credit: Anthony Kwan via AP Images
China’s economic recovery, long awaited after the Covid lockdowns, remains stubbornly elusive. Growth has stalled, consumer spending is muted, and confidence — both domestic and global — has frayed. The initial buzz created by policy pivots announced last September and reaffirmed at December’s Central Economic Work Conference has fizzled. The world’s second-largest economy feels stuck in second gear, unable to reclaim the momentum that once defined the “China speed.”
Note: 2024
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