We see risks in three areas this year, all stemming from Maximum Xi. The ill-effects of centralized decision-making on public health will continue with the spread of Covid-19. Xi's drive for state control of China's economy will produce arbitrary decisions, policy volatility, and heightened uncertainty for a country already weakened by two years of extreme pandemic-mitigation efforts. Finally, Xi's nationalist views and assertive foreign policy will increasingly provoke resistance from the West and from China's Asian neighbors.<ref>[https://finance.yahoo.com/news/eurasia-group-publishes-top-risks-110000770.html?guccounter=1&guce_referrer=aHR0cHM6Ly9yYXRpb25hbHdpa2kub3JnLw&guce_referrer_sig=AQAAALIHBwLYbh4x1jBSKOHbkFoiqsLaoqhonc8ESijGhCSTqg_4vZPziF7b68IrhJfdPbu8zQhpV1FHlMfmDjbIVCUk41vltMrI-qnet6U19B6k0rM1ah0MBZcwGSJM3T_BaEciT8RielUcHfC6lAyvEptGfEDOvQ0MpXMp8E-DJ9V4 Eurasia Group publishes "Top Risks" predictions for 2023], Yahoo Finance, January 3, 2023 at 6:00 AM EST</ref>}} | We see risks in three areas this year, all stemming from Maximum Xi. The ill-effects of centralized decision-making on public health will continue with the spread of Covid-19. Xi's drive for state control of China's economy will produce arbitrary decisions, policy volatility, and heightened uncertainty for a country already weakened by two years of extreme pandemic-mitigation efforts. Finally, Xi's nationalist views and assertive foreign policy will increasingly provoke resistance from the West and from China's Asian neighbors.<ref>[https://finance.yahoo.com/news/eurasia-group-publishes-top-risks-110000770.html?guccounter=1&guce_referrer=aHR0cHM6Ly9yYXRpb25hbHdpa2kub3JnLw&guce_referrer_sig=AQAAALIHBwLYbh4x1jBSKOHbkFoiqsLaoqhonc8ESijGhCSTqg_4vZPziF7b68IrhJfdPbu8zQhpV1FHlMfmDjbIVCUk41vltMrI-qnet6U19B6k0rM1ah0MBZcwGSJM3T_BaEciT8RielUcHfC6lAyvEptGfEDOvQ0MpXMp8E-DJ9V4 Eurasia Group publishes "Top Risks" predictions for 2023], Yahoo Finance, January 3, 2023 at 6:00 AM EST</ref>}} |