
china0.81 min read
Hong Kong's Diminishing Freedom
1 year ago•Source: The Economist
The latest china stories, each synthesized from multiple sources with added background and context.


Xi Jinping is concerned about the decline in Chinese startups achieving unicorn status and is seeking to revive entrepreneurial spirit to boost economic growth and technological self-sufficiency. Recent figures show a significant slowdown in GDP growth, adding to the urgency. Despite previously leading in unicorn creation, China has seen a sharp decline in new billion-dollar startups compared to the U.S. and previous years.