by Honest_Water3408
It is clear that Xi Jinping’s primary concern is ensuring that China does not fall into a period of deflationary economic growth. This worry is likely driven by the fact that Beijing desires to maintain high levels of economic growth in order to continue its rise as a great power. However, it seems that the country’s current model of development may be unsustainable in the long term. There are signs of distress everywhere, and it remains to be seen whether or not China can successfully transition to a new model of growth.
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