China’s economy runs out of road
Dec 24, 2021
3 minutes
“Never underestimate the regime’s ability to find ways of keeping GDP growing”
![monweeuk211224_article_023_01_01](https://article-imgs.scribdassets.com/3v5dm8pagw9dfrm2/images/fileZC00G1ZB.jpg)
Chinese president Xi Jinping has a better understanding of the challenges facing his country than most investors. The leader-for-life has warned of the dangers posed by the real-estate bubble, excessive debt levels, widespread corruption and rising inequality. These problems are not unique to the People’s Republic. In the past, every country in the region that adopted the so-called Asian development model has faced similar ones. Xi’s dilemma is that there is no easy
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