No #China recovery - #6 #TopRisk for 2024 | Eurasia Group |
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Any green shoots in the Chinese economy will only raise false hopes of a recovery as economic constraints and political dynamics prevent a durable growth rebound. Ian Bremmer explains why this is Eurasia Group's #6 top risk for 2024.
Subscribe to GZERO on YouTube and turn on notifications (🔔): http://www.youtube.com/@GZEROMedia Sign up for GZERO Daily (free newsletter on global politics): https://rebrand.ly/gzeronewsletter Top Risks is Eurasia Group's annual forecast of the political risks that are most likely to play out over the course of the year. This year's report was published on 8 January 2024. Learn more and download the full report here: https://www.eurasiagroup.net/issues/top-risks-2024 Ian Bremmer, president and founder of Eurasia Group and GZERO Media, and co-author of the report, explains Risk #6: NO CHINA RECOVERY Any green shoots in the Chinese economy will only raise false hopes of a recovery as economic constraints and political dynamics prevent a durable growth rebound. Consolidation of power at the top (Eurasia Group's Top Risk #2 for 2023) has snuffed out policy debate and animal spirits just as China's past growth engines have been exhausted, and there is little the government will do to reverse either trend. Beijing's failure to address the country's sputtering growth model, financial fragilities, insufficient demand, and crisis of confidence will expose gaps in the legitimacy of the Chinese Communist Party (CPP) and increase the risk of social instability. Read the risk: https://www.eurasiagroup.net/live-post/risk-6-no-china-recovery Want to know more about global news and why it matters? Follow us on: Instagram: https://instagram.com/gzeromedia Twitter: https://twitter.com/gzeromedia TikTok: https://tiktok.com/@gzeromedia Facebook: https://facebook.com/gzeromedia LinkedIn: https://linkedin.com/in/gzeromedia Threads: https://threads.net/@gzeromedia Subscribe to our YouTube channel and turn on notifications (🔔): http://www.youtube.com/@GZEROMedia Sign up for GZERO Daily (free newsletter on global politics): https://rebrand.ly/gzeronewsletter Subscribe to the GZERO podcast: https://podcasts.apple.com/us/podcast/gzero-world-with-ian-bremmer/id1294461271 GZERO Media is a multimedia publisher providing news, insights and commentary on the events shaping our world. Our properties include GZERO World with Ian Bremmer, our newsletter GZERO Daily, Puppet Regime, the GZERO World Podcast, In 60 Seconds and GZEROMedia.com #2024TopRisks #TopRisks #China |