The spotlight is on China as the Communist party’s 20th National Congress takes place this week. At a critical moment when President Xi Jinping prepares to stay on for an unprecedented third term as leader, there’s an important problem: China’s economy is slowing down. The FT’s China correspondent Edward White explains why this has happened and whether or not it’s too late for Xi to make the changes necessary to put the country on a path to strong growth again.
Clip from the South China Morning Post
For further reading:
Xi Jinping’s last chance to revive the Chinese economy
China’s property crash: ‘a slow-motion financial crisis’
China growth to fall behind rest of Asia for first time since 1990
China delays key GDP data in middle of Communist party congress
On Twitter, follow Edward White (@edwardwhitenz) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com
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Source: Economy - ft.com
