Economic Backsliding by China, Part II September 23, 2021 by Dan Mitchell

Two years ago, I wrote that China needed to choose between “Statism and Stagnation or Reform and Prosperity.” Sadly, as I noted last month in Part I of this series, it seems that President Xi is opting for the former. Which is unfortunate since China needs a lot more growth to get anywhere near U.S. levels of prosperity.

Source: Economic Backsliding by China, Part II | International Liberty