Beijing is prioritizing long-term strategic goals over short-term economic growth, particularly in preparation for prolonged rivalry with the United States. While Western economists suggest standard stimulus measures to address issues like weak consumption and property downturns, China's leadership appears to be focusing on reducing technological dependence and preserving industrial capacity to withstand Western pressure. This shift in focus means that GDP growth is no longer the sole determinant of Beijing's economic calculations. AI
RANK_REASON Opinion piece discussing economic policy choices.
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