The Chinese president will have to correct course if he is to restore economic growth at home, revive his international momentum and avoid “Peak Xi.”
Nothing will determine the outcome more than how Xi manages China's economy, which is the foundation for the country's far-reaching global influence as well as the Communist party's domestic legitimacy.China's economic prospects weakening due to a chain of factors.
recently in The Wall Street Journal. Add to this Xi's insistence on China's Zero Covid strategy, which led to mass lockdowns.that this combination of factors is enough to make Xi miss his 5.5% growth target and perhaps even grow more slowly this year than the United States."For Mr. Xi, failing to reach the target would be politically disastrous," writes Rudd.
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