China falls into its own trap

China has experienced a massive Government-initiated building boom, but up to 90 million residential units are now said to be sitting empty. (Image: China Images, via Depositphotos)

The Wall Street Journal

Sat, 19 Oct 2024

By Walter Russell MeadWars in the Middle East and Ukraine dominate the headlines, but the Indo-Pacific remains the fulcrum of world politics and where the 21st century will take shape. While bombs fall and missiles fly elsewhere, the Chinese Communist Party (CCP) is wrestling with its greatest challenges since Deng Xiaoping’s reforms fuelled a generation of blistering growth in the 1980s.Unfortunately, the economic choices China is making look set to promote greater repression at home and increased tension with neighbours and trading...

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