How China Went From Economic Superstar to Faltering Giant

Summary

The narrative surrounding China has dramatically shifted from one of envy and admiration for its economic and manufacturing prowess to a more critical view. This shift is driven by China's recent economic struggles, including its property sector meltdown and the impact of zero-COVID policies, as well as Xi Jinping's consolidation of power and alliance with Russia. The practical takeaway is that understanding China remains one of the most important political questions today, with its trajectory now viewed as a cautionary tale rather than a model for emulation.