Dyears ahead of the 20e Chinese Communist Party Congress, which is due to renew him in the fall for a third term as president, marking the break with the principles set by Deng Xiaoping to avoid abuses of power for life, Xi Jinping has undertaken to loosen the noose that is suffocating the Chinese economy and society.
The confinements put in place in the name of the “zero Covid” strategy, which locked 350 million people in their homes in very trying conditions, are gradually being lifted. Bank credit, the drying up of which had triggered the real estate crash, has been eased and a new infrastructure plan launched. The technology sector, which had been the subject of a brutal recovery, is coming back into favor. It benefits from the suspension of many of the…
