Write For Us

Xi tightens grip on China, what does this mean for the economy? | Counting the Cost

Sponsored Post Vitamin D2 Canada Persia
42 Views
Published
When Xi Jinping assumed power in 2012, China’s economy was booming.

A decade later, that growth is being dragged down by strict COVID-19 curbs and a deepening property crisis.

Critics of the Chinese leader mainly blame the weakening economy on his policies. Yet, Xi has given few signs of changing his approach after consolidating his hold on power. He insists the economy is resilient and has promised to deepen economic ties with other countries, as he begins an unprecedented third term as leader of the Communist Party.

Meanwhile, United States President Joe Biden is choking off China's access to advanced semiconductors.

Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/

@AljazeeraEnglish
#Aljazeeraenglish
#News
Category
World
Tags
Al Jazeera English, Aljazeera, al jazeera
Sign in or sign up to post comments.
Be the first to comment