Xi’s Tightening China Grip Risks Less Innovation: New Economy

China's President Xi Jinping's emphasis on loyalty and obedience over the past 14 years has sparked concerns about stifling innovation. The focus on strict party control may hinder the country's ability to adapt to the rapidly evolving new economy. This shift could have broader implications for China's global competitiveness and its role in international tech and innovation sectors. For those invested in China's economic future, these changes signal a potential slowdown in the country's innovative edge.