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Feb. 8, 2024

The Mixed Message About China's Economy

By Sheena Greitens

Chinese Premier Li Qiang spoke this week at the World Economic Forum in Switzerland, saying the Chinese economy was doing just fine. Signals out of Beijing have been conveying a different message.

SHEENA CHESTNUT GREITENS: So I think that the idea that economic growth created the basis for stability for the Chinese Communist Party was the conventional wisdom, and I think that was the conventional wisdom until pretty recently. So he's actually inverted the cause and effect in that relationship.

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