China’s prospects for 2024 look uncertain, as a year that opened free of COVID-19 lockdowns winds down without the dreamed of robust recovery for the world’s No. 2 economy.
The wars in Gaza and Ukraine are straining China’s ties with the West. A U.S.-China leaders’ summit helped get relations back on track, but also clearly defined the stark divide between the two global powers. To counter a U.S.-led world order, China is pushing alternative visions for global security and development whose prospects depend partly on restoring its own economic vitality.
