Even if you resent China for being the epicenter of Covid-19, you’ve got to admire Beijing’s leadership skills. Come January, there will be a more rational occupant of the White House, which will give China the space to focus on structural reforms. Muzzling Billionaire CriticsEven as Americans flooded the polls to choose their new president, China found a way to steal the show. Yet the latest wave, which began in September – after China’s economy bounced back from the Covid slowdown – was the first batch to test marketplace rules. President Xi has always been a reformer, keen to upgrade China’s economy and rid the system of excess debt.

Source: Mint December 30, 2020 00:00 UTC