SPXT - Weekly Commentary: Weary Of Their Capitalism Experiment

• Bubble consequences are anathema to communist governments. That said, the overpowering seduction of “fantastic development, innovation and broad-based prosperity” can prove irresistible.
• This has especially been the case for a nation tenaciously determined to attain what it views as its rightful standing as a global superpower.
• Beijing adopted markets and capitalistic development as necessary expedients to meet its developmental and geopolitical objectives.
• President Xi and Chinese leadership have grown Weary of Their Experiment in Capitalism. It served its purpose, but has turned increasingly problematic.
• It has become increasingly clear Beijing is determined to impose a radical shift in the flow of finance, investment, and the allocation of resources and wealth throughout the entire Chinese economy.

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