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Xi Jinping just fired his giant money cannon at the wrong target

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Summary
Nutrition label

80% Informative

Beijing announced measures to try to reinvigorate China 's croaking economy.

Julian Zelizer : Beijing lacks the will and the power to turn China 's economy around.

He says Xi Jinping has done little to stop the bleeding in the country's property market or get China 's ailing consumers to start spending.

Zelizer says Xi is ideologically opposed to jump-starting consumer spending with direct stimulus checks.

Beijing 's recent moves won't solve China 's core economic problems, says Linette Lopez .

The Chinese Communist Party has a bubble on its hands, and it doesn't want to blow much more or see it burst in spectacular fashion, she says.

Lopez: Beijing has shown that it's willing to take dramatic action to stabilize the economy.

VR Score

83

Informative language

81

Neutral language

46

Article tone

semi-formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

13

https://www.businessinsider.com/china-xi-jinping-recession-economy-american-companies-profits-trade-war-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://markets.businessinsider.com/index/shanghai_composite?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/get-ready-for-a-epic-stimulus-spending-out-of-china-in-the-final-couple-weeks-of-december-2009-12?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/zhu-hengpeng-china-economist-disappears-after-criticizing-xi-jinping-wechat-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://www.bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes?sref=E0nAM78Nhttps://www.businessinsider.com/china-economy-so-bad-people-wont-buy-cheap-alibaba-items-2024-7?utm_medium=referral&utm_source=yahoo.comhttps://www.reuters.com/article/business/china-approves-157-billion-infrastructure-spending-idUSBRE88613D/https://www.businessinsider.com/how-much-sam-altman-wants-seven-trillion-openai-compare-costs-2024-2?utm_medium=referral&utm_source=yahoo.comhttps://archive.nytimes.com/sinosphere.blogs.nytimes.com/2013/10/30/a-lonely-passion-chinas-followers-of-friedrich-a-hayek/https://www.businessinsider.com/author/linette-lopez?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/china-xi-jinping-stimulus-plan-wall-street-stock-market-economy-2024-9https://www.businessinsider.com/china-currency-devaluation-a-sign-of-weakness-2015-8?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/china-economy-aggressive-monetary-stimulus-interest-rate-rrr-2024-9?utm_medium=referral&utm_source=yahoo.com

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