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Thursday, November 14, 2024

China won’t catch up to the US economy because Xi Jinping’s obsession with security will sabotage growth, professor says

Presidents Xi Jinping and Joe Biden are both putting national security above the economy, but China will bear higher costs in their game of economic attrition, Claremont McKenna College professor Minxin Pei wrote. In a Bloomberg Opinion column on Wednesday, the scholar pointed to China’s recent ban …

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