Xi Jinping’s policies are not working, China is stumbling: Fareed Zakaria

In an exclusive interview with India Today TV, Fareed Zakaria spoke about the slowdown of China’s economy and the concerns surrounding the rising tensions in the country. Fareed Zakaria noted that India is well poised to take advantage of the slowdown in the Chinese economy.

Veteran journalist and geopolitical expert Fareed Zakaria spoke to India today about the pressure and tension building in China as the country experiences economic slowdown. Fareed Zakaria said that China is stumbling and its policies are failing.

“They are going for zero-Covid and they are getting zero growth,” Fareed Zakaria said.

Referring to Chinese Premier Le Keqiang, who raised alarm over the country’s economic growth, Zakaria said, “Just this morning, Le Keqiang said that they are not growing as a country.Their estimate for this year was 5.5 per cent. It will be the first time in 46 years that the United States will grow faster than China.”

#EXCLUSIVE | 'China is stumbling. Its policy is failing': Fareed Zakaria (@FareedZakaria), Journalist & Author#IndiaTodayatDavos #China #XiJinpingWatch #Newstrack with @rahulkanwal pic.twitter.com/EsT0L4IHLa

Talking about Chinese President Xi Jinping, Fareed Zakaria said, “Xi’s policies are not working, but he has a very tight grip on power. The whole anti-corruption sweep allowed him to eliminate a lot of his enemies and rivals. It will take more than these few months of bad policy and bad outcomes to dislodge him.”