ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Chinese President Xi Jinping claps after his speech as he and other new Politburo Standing Committee members meet with the press in Beijing on Oct. 25.   © Reuters
Economy

Xi's "new era" marred by old problem of a slowing China

Growing debts and pervasive pollution to bedevil Chinese leader in his second term

KENJI KAWASE, Nikkei Asian Review Business and Market News Editor, and DEBBY WU, Nikkei staff writer | China

BEIJING -- Chinese President Xi Jinping touted a "new era" for a "great modern socialist country" and imprinted his name onto the constitution of the ruling Communist Party over the last week, but the leader may find the new normal of an economic slowdown will be the pivotal issue marking and possibly plaguing his second term.

Adding to China's economic woes are growing corporate and government debt and persistent pollution.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more