The end of the economic boom threatens China’s ‘post-Tiananmen bargain,’ in which citizens tolerate limited freedoms in return for improving living standards
Charles Burton is a senior fellow at the Macdonald-Laurier Institute, non-resident senior fellow of the European Values Center for Security Policy in Prague, and a former diplomat at Canada’s embassy in Beijing.
But leaders are concerned by more than the spectre of frustrated urban youth staging public demonstrations against the Chinese Communist Party. Another time bomb is the disintegration of’s housing and real estate sector in medium and small cities, where a growing number of people have prepaid for apartments that may never get built.
Everybody in China knows that the Party’s statistics about COVID deaths, and its propaganda about the 180-degree policy shift, were false; the day-to-day reality confronting people all across the country bore no resemblance to what was being reported by state media. Mr. Xi lied to the people. The people know he lied to them.
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