China’s Diminishing Returns | by Kenneth Rogoff

International

CAMBRIDGE – The Communist Party of China’s 20th National Congress, which gave President Xi Jinping an unprecedented third term as general secretary, also featured a leadership shakeup that replaced market-oriented technocrats with Xi loyalists, raising questions about China’s plans for its faltering economy. Excessive state control, after all, is a tried-and-true recipe for becoming mired…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Existing Home Sales Surged in February
RMK 2022 profit €153 million
With New Build America Buy America Guidance on Construction Materials, Contractors Should Be More Proactive with Compliance – MarketScale
U.S. Court upholds additional 25% tariffs on plywood and wood flooring imports from China
Falling lumber prices bring some help in the current housing market equation