China’s economy is expected to grow at its slowest pace since the Mao era, and debt has soared to $43 trillion. .
President Xi Jinping hopes to double the size of China’s economy by the middle of the next decade.
Meanwhile, after mismanaging the epidemic, the United States may relinquish its title of the world’s largest economy by 2028.
Efforts by the Trump administration to restrict access to technology to China could lead to the country’s endless rise. But it also faces challenges in the form of statistics, huge debts and geopolitical confusion.