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China’s Economy: Cassandra vs. Pollyanna

First published: China Books Review, 25th January 2024

The untimely passing of Li Keqiang at age 68, in late October, marked the end of an era of reform in China’s economy. Li was associated with that reform, but delivered next to nothing to achieve it. Instead, he was sidelined as Premier by Xi Jinping, and as a result a deeply troubled economy has emerged, along with a malaise that is hanging over society and business. This leaves us asking: what has gone wrong in China? And what, if anything, can be done to put it right? Read on…..