And What America Should Learn From It By now, Chinese President Xi Jinping’s ambition to remake the world is undeniable. He wants to dissolve Washington’s network of alliances and purge what he dismisses as “Western” values from international bodies. He wants to knock the U.S. dollar off its pedestal and eliminate Washington’s chokehold over critical technology. In his new multipolar […]
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The Delusion of Peak China
Ever since Chinese President Xi Jinping secured his third term in power in the fall of 2022, he has had a rough time. Shortly after his reappointment, street protests pushed him to abruptly abandon his signature “zero COVID” policy. After a quick reopening bump in early 2023, the economy has progressively slowed, revealing both cyclical and structural challenges. Investors are […]
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