China’s economy has been flashing red on various fronts for the past few years. A severe property crisis and the struggle to emerge from strict pandemic restrictions are routinely blamed for problems ranging from deflation to sluggish growth. But in this episode of Business Beyond, we ask if there are more fundamental reasons behind the world’s second biggest economy’s malaise. Under Xi Jinping, the Chinese Communist Party has become more controlling than at any stage in the past four decades. Does authoritarianism place a cap on economic growth? In this episode we ask if Xi's desire for control at all costs is the main reason why so many people, both within China and outside of it, have lost faith in a global economic powerhouse’s capacity to bounce back. And a special request to our viewers: we would love to hear what you think of Business Beyond. Fill in the survey here to share your thoughts about the show: https://surveys.dw.com/c/businessbeyond CHAPTERS Introduction - 00.00 Double whammy: a pandemic and a property crisis - 01.42 The confidence deficit - 04.25 Is Xi the problem? - 7.37 War of distraction? - 13.31 Demographic disaster - 15.50 A tech dragon? - 17.25 Conclusion - 19.55 Credits: 22.35 Ends: 22.51 Subscribe: null For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews ►Instagram: https://www.instagram.com/dwnews ►Twitch: https://www.twitch.tv/dwnews_hangout Für Videos in deutscher Sprache besuchen Sie: null #china #industrial #ccp