Xi Jinping's conundrum fixing the Chinese economy

The slowdown in China’s economic growth is attracting global attention. The biggest reason is that the real estate industry, which has accounted for a quarter of GDP, is experiencing an unprecedented recession. Compared to 2019, before the coronavirus pandemic, 2023 witnessed a staggering decline in both new home construction and sales, with figures plummeting by 54% and 59% respectively.Due to