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Opinion

The steps Xi must take to revive China's economy

Shifting priorities in Beijing have devastated confidence of private entrepreneurs

Minxin Pei
| China
Immigration inspection officers march near a container ship at a port in Qingdao in November 2021: Beijing's zero-COVID approach will continue to suppress economic activity.   © Chinatopix/AP

Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.

The latest data released by China once again confirm that the world's second-largest economy is caught in a stubborn downward spiral.

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