“The Chinese economy is rapidly worsening and seems headed towards recession,” said Larry Ong, a senior analyst with SinoInsider, a New York-based risk consultancy that focuses on Chinese elite politics.
Economic downturn threatens Chinese leader's drive to reimpose communism
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“Nine years after Xi Jinping took office, we can now say that a ‘Xi faction’ is emerging,” said Mr. Ong.
Xi Jinping adopts Mao Zedong title 'helmsman,' claims ultimate authority
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