Xi Jinping's Leadership Criticized: Economic Downturn and Lingering Distrust

Desmond Shum, a former Chinese businessman, criticizes Xi Jinping's leadership amid China's economic struggles. He highlights centralization, civil suppression, economic missteps, and rising nationalism as key issues. Amid Xi's tightening grip, China's economy falters while skepticism among international experts grows about China's future prosperity under Xi.

In a telling critique of Xi Jinping's leadership, former Chinese businessman Desmond Shum has spoken out against the Chinese governance model, citing economic and political missteps. As China's economy faces increasing hardships, experts weigh the consequences of Xi's centralized approach and longstanding dominance.

Shum, once closely tied to China's economic elite, has not minced words in his public assessments. Posting online, he lambasted Xi for eroding public trust in the Communist Party and mismanaging financial policies, equating the current situation to an unraveling narrative for China's future prosperity.

Echoing Shum's sentiment, international observers at a Chatham House seminar expressed disappointment with Xi's leadership. Experts highlighted his deviation from past pragmatic governance and asserted that under Xi, economic and geopolitical strategies are crippling household welfare and investor confidence, leaving China's trajectory uncertain.

(With inputs from agencies.)