China’s Age of Malaise
Party officials are vanishing, young workers are “lying flat,” and entrepreneurs are fleeing the country. What does China’s inner turmoil mean for the world?
via The New Yorker: https://www.newyorker.com/magazine/2023/10/30/chinas-age-of-malaise
The system is fumbling in search of an answer to the big question: Can Xi’s China still manage the pairing of autocracy and capitalism? “What do you do with an economy that can’t deal with unemployment created by mismanagement?