China Wants to Focus on Its Economy in 2023. But Can Politics Be Put Aside?

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For all the talk of focusing on the economy, it’s unclear whether dialing back politics is even possible in Xi’s China

, with capital pumped into strategic industries rather than lessening the burdens of working families.

In foreign policy, too, politics threatens to upset economic goals. Li announced that defense spending would rise by 7.2% in 2023, which is the fastest pace since 2019 amid increasing tensions with the U.S. on myriad issues, not least the status of

 

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