While China’s current economic malaise has multiple factors, there is something about President Xi Jinping’s pursuit of utopian policies that increasingly seems to weigh on the country. One manifestation of this despondency is the phenomenon of “lying flat,” a Chinese concept that closely equates to “opting out.”
Domestic Politics
The city of Shenzhen is looking for ways to adapt to China’s shifting economic landscape. But Shenzhen is not just another city. It was the birthplace and symbol of the Reform and Opening Up era. What future does that leave for Shenzhen, now that the China it once represented no longer exists under President Xi Jinping?
In Nicaragua, the steady dismantling of democracy by President Daniel Ortega and his wife, Vice President Rosario Murillo, has been advancing for many years. But in the past couple of weeks, the Ortega-Murillo regime took control of the country’s Supreme Court, a dramatic move that arguably crossed the line into dictatorship.