XI JINPING ECONOMIC MODEL: XINOMICS

Abstract

Xinomics explore China economic change under Xi Jinping, focusing on stability, making its own technology, and sharing wealth more equal. Instead of just trying to make GDP bigger, China seems committed to building an economic system that can last and compete, as seen in its push to develop electric cars, expand the Digital Yuan, and invest a lot in the Belt and Road Initiative(BRI). While the book presents a well-researched and informative discussion, it would be even better if it had a more critical view of how these strategies are actually put into practice and what their limit might be. Still, for those who want to understand structural change in China's economy and how it affects the world, this book is a must-read.