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The second is that it’s an open question whether China will achieve rejuvenation in the face of both a seemingly stagnating economy and party factionalism. Xi is more powerful than his predecessors, but his rule is also more fragile. The Chinese Communist Party (CCP) has long faced a crisis of legitimacy, but Xi’s transformation of […]

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https://www.project-syndicate.org/commentary/correcting-gdp-flaws-by-urs-rohner-2018-01?barrier=accesspaylog

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