Raja Krishnamoorthi
Xi Jinping, the general party secretary of the Chinese Communist Party (CCP), is in a bind. The economy of the People’s Republic of China is facing a once-in-a-generation crisis. The country’s real estate market is in free-fall, its population sank by 2 million people in 2023, and its stock markets have lost roughly $7 trillion since 2021. Numerous countries are cooperating multilaterally to take countermeasures against what they view as the CCP’s military and economic aggression. Xi’s grip on his rule is secure for the moment, but he is confronting unprecedented challenges to his leadership.
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