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Wall Street Journal (March 21)

2025/ 03/ 23 by jd in Global News

“At this point you have to ask: Is China’s economy real anymore?” While recent “economic news out of Beijing sounds so good,” it is driven by non-sustainable “subsidies for upgrades of business and household equipment.” Mr. Xi has fallen “back on the export dependence that so irritates trading partners while leaving China’s economy as vulnerable as ever to foreign protectionism.”