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Xi's economic policies are leaving many China watchers perplexed and confused
Call it the China conundrum. Why is a nation with ambitions to become the dominant economic power in the world doing so many things to blunt that potential? “It’s the question of questions,” Orville Schell, director of the Center for U.S.-China Relations at The Asia Society in New York told CNBC, “because it is so illogical. When you have a good thing going, why do you screw it up?” Schell and many eminent China experts debate whether the answer lies in Xi Jinping, leader of China since 2012, or in the very nature of the Chinese Communist Party, which has ruled over China since the Communist Revolution in ... (full story)