Reagan’s Uncomfortable Question Confronts China’s Leader

I’m Ben Holland, an economics and government editor in Hong Kong. Today we’re looking at Xi Jinping’s unique challenge in Communist China’s history. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

China’s Communist Party leaders have experience of governing a poor country, and one that’s rapidly getting richer. None of them had to manage the hangover that follows a long economic boom — until, perhaps, Xi Jinping.