China's economy has struggled to regain post-pandemic traction.
But Beijing hasn't conceded its economy is in trouble, which could be holding it back from fixing structural issues, says the Rhodium Group.
Rhodium Group's researchers aren't quite sure about the rosy narrative of China's economy, calling it a "politicized picture of economic activity."
After all, China's economy struggled to regain traction after a brief spurt post-pandemic, disappointing investors.
By the second half of the year, confidence had broken down entirely," wrote the Rhodium Group researchers.
Persons:
underscoring, Beijing hasn't, —, Daniel H, Rosen, Rachel Lietzow, Lietzow, Xi Jinping, haven't
Organizations:
Stock, Beijing, Service, White, National Economic Council, National Security Council
Locations:
China, New York, Beijing