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China Shapes Economic Blueprint Around ‘Xi Jinping Thought’

Dec 21 , 2017

China made “Xiconomics” the guiding principle for the world’s second-largest economy as it unveiled the first economic blueprint of President Xi Jinping’s second term.

The plan came with strong political overtones, highlighting a theory bearing Mr. Xi’s name and emphasizing innovation and “high-quality” growth.

There were few signs Beijing will aggressively tackle crippling debt levels and state-sector bloat. Also missing in the blueprint were plans for a long-awaited property tax.


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