Many economists predict slower growth for China. A major challenge: Xi’s focus on Communist Party control.
A container ship leaving Shanghai Port last month.Xi Jinping laid out ambitious plans two years ago to expand China’s wealth and double the size of the nation’s economy by 2035.
The target would require China’s economy to grow an average of nearly 5% annually over 15 years, according to estimates by officials involved in policy-making. Many economists inside and outside of China now believe 5% won’t be achievable, not just for this year, but also
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