Chinese President Xi Jinping smiles to the audience after his speech at the World Economic Forum. (Michel Euler/Associated Press)The United States isn’t the only country that’s a complete basket case right now. That’s according to the relatively little-publicized Global Economic Policy Uncertainty Index, which just hit a two-decade high. It tracks the relative frequency of news coverage relating to economic policy uncertainty, based on archives from major newspapers in 18 countries. But internally China, too, faces record-high economic policy uncertainty, thanks to an enormous capital exodus, a regulatory clampdown and manufacturing troubles.
Source: Washington Post February 07, 2017 00:33 UTC