Even China’s most powerful leader since Mao Zedong struggles to command behavior that goes against market forces

 


Xiongan was billed as a gleaming, high-tech metropolis that would serve as a release valve for the crowded Chinese capital — “a model city in the history of human development.”


https://www.bloomberg.com/news/features/2024-01-09/xi-s-empty-dream-city-of-xiongan-shows-limits-of-his-power-even-in-china

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