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Is Xi Jinping's Vision Paying Off for the Chinese Economy?
Many top officials in China are reluctant to repeat past mistakes and are aware of the dangers of excessive private sector leverage. Beijing is accepting the reality of structurally lower growth and is focusing on quality growth instead of quantity growth. Chinese President Xi Jinping sees this as a victory, as he wants to prioritize sustainable growth over short-term gains. American investors, on the other hand, are more interested in quantity growth and investing in base metals for construction projects.
Watch more of this short video from New Market Lows + Recession Likely By Q4 | Darius Dale.
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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