Part 11/12:
In summary, China finds itself at a crossroads. On the geopolitical front, its aggressive export controls signal a readiness to challenge US and global influence over critical technologies and resources. These measures threaten to accelerate the ongoing economic war, with possible repercussions extending into the future of innovation, defense, and supply chain resilience.
Domestically, while activity rebounded during Golden Week, consumer confidence remains tepid, highlighting deeper structural challenges. Beijing faces the daunting task of reviving household confidence and rebalancing its growth model, all while navigating the increasingly hostile landscape of global technological competition.