Opinion
Published on: 30. August 2022

China's growth sacrifices have only just begun

Stephen S. Roach
For four decades, rapid economic growth was the prime imperative of China's communist leaders. President Xi Jinping, by contrast, is prepared to forego growth in the interest of cementing the Party's political power and pursuing his Chinese Dream of national rejuvenation.

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Last updated: 24. July 2025
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