with China is escalating dangerously. In the past week the White House has announced what may amount to an imminent ban on TikTok and WeChat , imposed sanctions on Hong Kong’s leaders and sent a cabinet member to Taiwan. This ratcheting up of pressure partly reflects electioneering: being tough on China is a key strut of President Donald Trump’s campaign.
Simple, but wrong. China’s economy was less harmed by the tariff war than expected. It has been far more resilient to the covid-19 pandemic—theforecasts growth of 1% in 2020 compared with an 8% drop in America. Shenzhen is the world’s best-performing big stockmarket this year, not New York. And, as our briefing explains, China’s leader, Xi Jinping, is reinventing state capitalism for the 2020s. Forget belching steel plants and quotas.
Xinomics has three elements. First, tight control over the economic cycle and the debt machine. The days of supersized fiscal and lending binges are over. Banks have been forced to recognise off-balance-sheet activity and build up buffers. More lending is taking place through a cleaned-up bond market.
i am happy to see only losers and lowlifes criticizing china while wise businessmen are embracing it
Whatever you call it, it's a true common benefit of every Chinese
And one important thing to remind: China didn't initiate or participate any war during its rising, not like the US
In the 1990's China had made the greatest reform of its public sector happen successfully. The overstretch of public sector is a kind of calamity in the long term. 'The Rise and Fall of the Great Powers' by Paul Kennedy criticize the overstretch of military expenditure
Duh. And it's what the DNC's rich socialists want too.
Let's kill it, instead of 'underestimating' it. Anything the CCP is doing is dangerous, at this point.
啊?熊貓燒香? HongXiuzhu 聽說過這個病毒嗎?
State capitalism is forcing a private enterprise to be sold to Americans. State capitalism is sending billions of US dollars to Wallstreet capitalists after economic depression because they're 'too big to fall'.
Thank God we stopped calling it 'communism'!
China will be very powerful, but don't overestimate it. All good dictatorships crumble from within. The more substantial danger will be in how China reacts as it collapses.
Don't be fooled by the anti-social elementary graduate!! Xinomic? bullshitnomic!!
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So in the US we call economy Trumpomics?
Are you willing to take a risk to let a elementary pupil manage your money?
poke th3deimos
It's surprisingly not that different than other Capitalism isn't it?
🐼
誰希望它繼續 誰就是和它一夥的 不容易被世人發現 是因為有間接和隱性
We should strangle this viper while we still can. Tariffs to recover economic loss due to their willful international spread. Further sanctions until they stop the genocide. Enough is enough.
As long as it is not a virus, fine with it
Americans are so opposed to China because of its ties to communism, but capitalism isn't any better in terms of fighting greed. It actually embraces greed. Neither the Left nor the Right is going to solve the problems of the world.
China 🇨🇳 is dangerous no matter how they spin their?
how's that capitalistic Dam going tho, is still crumbling?
Until that housing bubble goes boom. That is going to be really nasty.
Talking about state capitalism, then turn around and force Tiktok to sell to Americans. Talking about state capitalism, send billions to Wallstreet after 2008 depression
Premise I: Knowledge is power in the hands of powerful people Premise II: Power corrupts the weak and rapacious minds Conclusion: Therefore, knowledge corrupts the powerful rapacious minds.
Why does China out shine USA? Why is China glittering while USA is dwindling? Is this the price we pay for being free and to write a article. I challenge you to dig deeper into the Chinese economy. You casually write off debt in China and call it tightening the fiscal structure.
Panda subliminal
china economy was over, losing cake/pie significant
Press hard enough and its economy could buckle, forcing its leaders to make concessions' it wont be that simple China has a big ego and pride and they are not going to cave in
Before or after the purge that is coming. Either that or a new leader emerges. Things are a little dicey in Chinaland these days. My guess the damn will burst before the end of the year.
And it needs to be disabled at every opportunity. Cooperation with the Chinese is literal IBM Nazi corollary at this point.
when the state manipulates macroeconomic with state owned microeconomic action whilst manipulating monitory policy. No 1 nation that exports 10.8% of global exports no free float of local currency& no scrutiny of its central bank.This is China’s mantra to leap frog over the world
It’s market economy under party dictatorship.
Again, I really look forward to this new magazine called The Xinomist. I expect it to be much better in quality than this one.
Dead on arrival.
No different from Stalinomis
State Capitalism? The only people who claim that are the Communists. You're all Communists now, are you?
No unholy hand can stop the work from progressing.
State surveillance...
You are advocating a partnership with the CCP. But you have overlooked the fundamental nature of the CCP: There are only Top-down relationships. The CCP wants to be the Top Dog. The Apex Dog! We have a doghouse for that. CCP does not like its design. Let it keep barking!
Capitalism is and always be capitalism, there's no other capitalism,
With Gorbachev, Yeltsin, Russia banned comunists, opened to peculiar democracy with Putin, ex KGB boss at top. Experiment that China took only in economic capitalism development. Leaders afraid of political freedom. Sui generis, success until now, future who knows?
Maybe we should all try it instead of trying to murder the competition?
Shadow Banking went out of control From billions to trillions was just too much Historically low rates of party affiliation Hong kong collapse
Very clever, these Chinese! 🇨🇳
XiJinping China is a threat to world peace and human civilization.
Its called Chinese Communism. Communism. They have ZERO Capitalism.
You can call it bubble-burst also
Always a loyal DOG!
Indeed, that's why the free world needs to be worried.
China gonna keep flooding markets bcoz that's China's Capitalism Style. They will never leave Corporations alone that'swhy We r gonna keep see a sustainable Market in China. We must give more attention in order to get how China's markets work healthy economics
Asian way to dominate the world. History is reversing now
How much money took from China
Who wants to wish it away?
Oh!... CCP propaganda bots start popping up here 😏 US gonna disappear and CCP gonna become No.1 all over again, huh?
But evil CCP and PLA parasity on China. let its grow up on that will damage every one around world.
China is the new global macro and economic power. zlj517 shaunrein CPEC
Don't overestimate it either.
The only way to have a 14trn economy being comunist is by expoliating hundreds of million of people and killing their human and civil rights. Seems like all that is OK for ''The Economist''.
China didn't fight in Afghanistan, and iraq and in Syria. They fight in business, so USA is going to disappear in front of China
Fuck the CCP.
Any model which lends power ultimately to government is one I will fight to the death for every time ... people need to choose for themselves not be dicated to !
The State-Owned-Enterprises(SOE) are buffer that binds China's socialism and capitalism. When economy goes down, SOE splinters off into more productive private enterprises. As economy goes into excess, SOE cushions the slowdown by absorbing unemployment and inflation. Xinomics
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Yah.. Yah
China’s strongman leader is shaping a new form of communism. iIt combine the 50% state capitalism and 50% communism. Don't say it will fail and never underestimate the power of them
'State Capitalism' I Like The Sound Of That! BlackLivesMatter Democrats Inequality
China deserves success a harmless nation believing in mind her own business not trying change the present status quo live&let live shared devlopmnt are the policies which make her an economic giant. Though sensitive to its land&geography & don't let anyone to mess with their land
😐😐
Pandanın ağzı neden Kıbrıs haritası?
Doğu Akdeniz de savaş çıkacak anladık
BULLSHIT. COMMUNISTS ARE NOT CAPITALISTS.
Qual será o próximo plano?
MCHammer MC Hammer!!!
Focus cyprus? Or meditarrian?
This is a pure propaganda article, firmly promoting its liberalism every day. When it comes to Chinese articles, how can you begin to question your own ideas?
LOL, The Economist simply changed its name to The China Weekly
no longer subscribed ! This is propaganda ! It’d just take the west to take their manufacturing elsewhere & implement the same protectionism as China has in tech. Their communist 2.0 is so “upscale” they get away with mass killing Muslims (Uighurs) without media condemnation.
Biden=China=Nazy
We have been charged for Economist,CRN:09926239 since April but not receiving hard copies after Mar20, we have subscribed for our parents who are nt ok in digital, we would like refund for the charged amnts (9,000) & also like to cancel subscription till u resume hard copies
Don't demonize or overestimate China.
Now China is capitalism?
And who create this economic system? US people Who massively invested in China? US people. You want be more riched? US people Who critics to keep their powers? US people Who wait after election to continue buziness with China?..
China Virus
DECEIT ALERT***DECEIT & TRICKERY ALERT!
That's fantastic. Thank you so much!
A new type capitalism is being prepared through technology, IoT, Robots, Cobots and AI solutions for the future's Society
Westerners do not identify with Chinese customs, their products are very bad and their policy is pure dictatorship, I do not think they will triumph
DSORennie South Park lookin ass panda
**COVID-19 MADE IN ARGENTINA 🇦🇷 GRACIAS ALBERTO POR SER UN GRAN SER HUMANO FELICITACIONES ARGENTINA POR ESTE LOGRO🇦🇷
House of cards, and the breeze is freshening.
Xi saved millions of lives during pandemic. He is hero,a true leader. 98% support rate. If that is not democracy,I don't know what it is.
这个封面太好玩了
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