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Will China’s “Common Prosperity” Survive Putin’s War?

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First published: Project Syndicate 21-05-2022

Earlier this month, as Russian forces shelled Ukrainian cities and COVID-19 infections soared, Communist Party of China (CPC) leaders gathered for their most important annual political meetings: the National People’s Congress and Chinese People’s Political Consultative Conference. While the weighty documents and lengthy speeches that defined both meetings hardly mentioned the pandemic, and did not mention Russia’s war at all, China – and its already troubled economy – is undoubtedly being rocked by both. Read on….