China’s Economic Prospects on the Cusp - George Magnus

China has important islands of technological excellence, even dominance, but these islands exist in a sea of macroeconomic imbalances and headwinds. Xi Jinping is adamant that by focusing on technology, and other aspects of national security, China can hold sway in the global system and determine global governance. Many western economists and even some in China are not so sure, choosing to wonder if the government has the political capacity to address deep-seated economic problems. This lectu...