China’s Challenge to America—from an American journalist’s perspective

专家:习近平最担心两件事 比贸易战还急

对于中共领导层而言,稳定国内经济,发展〝中国制造2025计划〞,捍卫习近平的权力机构的重要性,超过了与美国打贸易战的重要性。

习近平绝对权威遭遇空前挑战

中国国家主席、中国共产党中央总书记习近平

American is the ones to decide to change china…

I think he should be challenged. Isn’t it a meritocracy? May the best man win :wink:

I saw one person said Xi wants some official title for life because it’s easier for him to travel the world and make deals with foreign leaders. He could have done what Deng did. For many years the only title Deng held was the Chairman of the national bridge club. But everyone knows he’s the real power broker.

China is amazingly tough with the trade war. It was deleveraging its economy before butting heads with Trump and it just carried on. Americans including Trump think Chinese stock market crashed because of trade war. In fact the deleveraging reform is far more important. It also continues to curb back on property development. It just carries on doing reforms. :+1:

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The Chinese stock market already crashed. It hasn’t recovered since 2006. Everyone in China can care less about that stock market.

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One very strange thing is that Chinese stock market is completely divorced from its real economy. Its economy gallops up 8-10% a year for decades but its financial market just continues to suck. They really need to do big ass reforms there. That’s why Chinese just buy properties like crazy. That’s the only decent investment they have.

Chinese stock market is actually in a steep upward trend if you look at it from a multi-decade perspective. It’s just that it is subject to incredible speculation every now and then so it has generated some major peaks and troughs.