China's system under Deng Xiaoping could produce unbelievable wealth and create armies of billionaires, but Xi's shift toward emphasizing political orthodoxy over economic dynamism is now reducing investment opportunities.
causalpending
Speaker
Paul PodolskyEvidence Quote
“from my perspective, the Chinese leadership right now is putting much more emphasis on political orthodoxy than uh economic dynamism. And that's being reflected in asset prices.”
Source
Bridgewater Alum Paul Podolsky on What Russia Tells Us About the Future of the Global Order— Bridgewater AssociatesCreated: 8/12/2026, 10:29:19 PM
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