Six facts show that the “China crash” is wishful thinking

Xi publishes speech

Chinese President Xi Jinping has addressed his compatriots with a call for calm. Yesterday he surprisingly published a speech he gave to a small group in February:

“We must maintain historical patience and insist on making steady, incremental progress.” Then came the aimed attack on Western shortness of breath: “You cannot rein in the greed of capital and solve chronic diseases such as materialism and spiritual poverty.”


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