China's economy in the shadow of Xi Jinping's ideologization - 6 reasons why the model has its limits

China's economy in the shadow of Xi Jinping's ideologization - 6 reasons why the model has its limits

According to a report by www.focus.de, Chinese economic policy under President Xi Jinping is strongly influenced by ideology and has clear deficiencies. Experts are concerned about the impact on the Chinese economy and the global market. The following article analyzes the impact of Xi's economic understanding and policies on the Chinese economy and global competition.

1. Xi's economic understanding will hurt China

Xi Jinping's criticism of capitalism and his ideological radicalism are likely to harm the Chinese economy. Experts believe that Xi Jinping's model is unsustainable and will further exacerbate inequalities in Chinese society.

2. Inequality in China is higher than ever

Chinese and American societies increasingly exhibit similar inequalities. Xi Jinping's ideological orientation has led to an end to reforms and productivity has stagnated for years.

3. Xi Jinping wants to stop citizens from thinking

Under Xi Jinping, the awarding of offices based on merit has been abolished, affecting citizen motivation and productivity. The democratic, liberal model in the USA surpasses the system promoted by Xi Jinping and enables better development of ideas and innovations.

4. More than 20 percent of young people cannot find work

Xi's ideological economic policies have led to high youth unemployment. The recommendation to go to the countryside and work hard does not meet the requirements of a modern knowledge society.

5. When in doubt, the USA is to blame

Xi Jinping denies responsibility for the economic problems and blames the USA. However, the Communist Party is solely responsible for the real estate crisis and the collapse of Chinese banks.

6. Xi becomes a ticking time bomb for his subjects

As long as Xi Jinping is in power, the Chinese economy will not recover. Xi Jinping's ideological orientation has already resulted in a loss of prosperity and a lost generation of young people.

Xi Jinping's ideologized economic policies have negative effects on the Chinese economy and competition with the free world. It remains to be seen whether there will be a change in the system and a change of power in China in the future.