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A screen shows Chinese President Xi Jinping during the CCP's 100th anniversary in Beijing.

REUTERS/Thomas Pete

No, Xi Jinping is not on the ropes. But …

Seven months ago, Xi Jinping was at the pinnacle of his power, appearing untouchable as China's president and general secretary of the ruling Communist Party. He’d gotten the CCP to rewrite its own history, putting him on par with Mao Zedong and Deng Xiaoping; brought the country's tech titans to heel to make China a more egalitarian society; and made Chinese kids study how he thinks.

At the time, though, we also warned that Xi would be on the hook if something went south, like failing on his zero-COVID strategy.

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Ari Winkleman

The Graphic Truth: Zero-COVID is hurting China's economy

Xi Jinping’s zero-COVID policy has saved many Chinese lives … at a huge economic cost. China’s economy is now back to the early days of the pandemic: the manufacturing index is down almost four points from a year ago and at its lowest level since early 2020, while exports are weak due to zero-COVID restrictions at major ports like Shanghai. We take a look at Chinese manufacturing and exports over the past year.

Gabriella Turrisi

What We’re Watching: Chinese stocks, Iran nuclear deal

Chinese economic jitters

The Hang Seng Index, Hong Kong’s benchmark equity market index, dropped to a six-year low on Tuesday. Why are investors so worried? Here are three possible reasons.

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Russians to Retaliate Against NATO – More Dangerous Than First Cold War | World In :60 | GZERO Media

Eastern European leaders visit Kyiv in unprecedented show of support

With three European leaders visiting Kyiv on Tuesday, that's today, does this signify a stronger EU-Ukrainian alliance? Are Western sanctions against Russia working? With cases surging, got to talk about COVID, is China's zero-COVID policy a complete failure? Ian Bremmer shares his insights on global politics this week on World In :60.

First, with three European leaders visiting Kyiv on Tuesday, that's today, does this signify a stronger EU-Ukrainian alliance?

Oh, you bet it does. And particularly from the Eastern European countries who, frankly, see this as an incredibly important issue and are trying to get the West Europeans and the United States to do even more than they already have in terms of sanctions against Russia. It's unprecedented for the prime ministers of Poland, Slovenia, the Czech Republic to be heading to Kyiv to support Zelensky while it's being bombed. Certainly it shows that Putin and the success of his military campaign is not bringing any of the fruit for Russian security measures in Europe that Putin had clearly hoped for. Where this all goes in terms of a climbdown, we are not close to that. I'm still very unconvinced that negotiations are going to bear fruit, irrespective of that. But extraordinary statement from the East Europeans today.

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Should Investors Bet on China Over US? | GZERO World

Should investors bet on China over the US?

Hard to say these days, even for a billionaire hedge-fund manager like Ray Dalio.

On the one hand, America has a better system, better tech, and better universities. On the other hand, China "has us outnumbered" in population and pace of per capita income growth.

China, he explains, has not only become a powerful competitor. The US has changed, too.

"[The] America that I remember is a different, uh, and grew up with is a different America than it exists today in terms of like equal opportunity and the American dream."

Watch the GZERO World episode: Does China's rise have to mean America's decline?

Ian Explains: America Down, China Up | GZERO World

Is the US in decline while China’s power grows?

Who said last year that the biggest source of chaos in the present-day world is the US?

Not the leader of Russia. Not of North Korea. Not even of Iran.

It was Xi Jinping, who believes America poses a major risk for China.

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Does China’s Rise Have To Mean America’s Decline? | GZERO World with Ian Bremmer

Does China's rise have to mean America's decline?

The US and China are as wary of each other as they've ever been. But the Chinese think they are on the rise, while America is declining.

On this episode of GZERO World, Ian Bremmer talks to billionaire Ray Dalio, head of the world's largest hedge fund, who thinks rising US debt, a widening wealth gap among Americans, and the meteoric rise of China all play into Beijing's plans to overtake the US as a global superpower.

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Why "Cheap Money" Is Worrying Billionaire US Investor Ray Dalio | GZERO World

Why "cheap money" is worrying billionaire US investor Ray Dalio

Just days ago, the US national debt topped $30 trillion for the first time in history. Household debt jumped by $1 trillion last year, the most since 2007.

For Ray Dalio, the billionaire head of the world’s largest hedge fund, rising debt across the board is a big problem because it's increasingly widening the gap between all the money out there and what it can buy.

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