China is suffering from a crisis of confidence

China’s leaders have ambitious plans for the country’s economy, spanning one, five and even 15 years. In order to fulfil their goals, they know they will have to drum up prodigious amounts of manpower, materials and technology. But there is one vital input China’s leaders have recently struggled to procure: confidence.

This article appeared in the Finance & economics section of the print edition under the headline “Reds flag”

Finance & economics September 7th 2024

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