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Is Xi Jinping's Vision Paying Off for the Chinese Economy?
Many top officials in China are reluctant to repeat past mistakes and are aware of the dangers of excessive private sector leverage. Beijing is accepting the reality of structurally lower growth and is focusing on quality growth instead of quantity growth. Chinese President Xi Jinping sees this as a victory, as he wants to prioritize sustainable growth over short-term gains. American investors, on the other hand, are more interested in quantity growth and investing in base metals for construction projects.
Watch more of this short video from New Market Lows + Recession Likely By Q4 | Darius Dale.
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