Xi’s real political vulnerability lies with the economy. As noted in previous chapters, the economy is not his policy strong suit. He has limited feel for financial markets or the complexities of macroeconomic management. Therefore, his recent major adjustments to China’s domestic economic growth model outlined in chapter 6, including the reemphasis of the state over the market, and his new restrictions on the Chinese private sector pose a real political danger to his leadership if growth, employment, or living standards were to stall. This, in my judgment, is Xi’s greatest liability,
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