Home Cautious Xi Cushions Blow

Cautious Xi Cushions Blow

Chinaโ€™s President Xi Jinping appears to be dialling back on the hard line measures taken against the countryโ€™s top tech companies. Policies designed to lessen the economyโ€™s dependence on debt, fossil fuels and monopolies are being softened. This comes ahead of the ruling partyโ€™s plenum next month, followed by the party congress next year where Xi could come under attack for the economic dislocation he has caused.

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