Experts believe: China’s economy is in trouble in the next decade

by time news

Now, as Xi prepares to be elected by the Communist Party to a third (and historic) term as China’s president, he faces difficult economic challenges, including the discontent of the Chinese middle class. If he cannot get the economy back on track, China will face a slowdown in development and production, along with public dissatisfaction.

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“For 30 years, China has been on a path of hope for its people,” said Doug Guthrie, director of the China Initiative at Arizona State University, adding that China is “in big trouble right now.” “Xi’s leadership does not allow China’s economy to grow,” adds Sonia Oper, a lecturer at Bocconi University in Italy. In general, in recent years Xi’s policies have caused a lot of headaches in China.

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