Structural Reforms

Critical cracks are ripping through China’s economy

April 21, 2026April 20, 2026 by China Factor Staff

President Xi ‘has steered the country straight into the traps he identified five years ago’

LandSpace recovers Zhuque-3 booster, then loses it to post-landing fire
Zhipu’s GLM-5.3-Flash runs on ~100,000 Chinese chips — and confirms the ‘Ox’ mystery model
‘Toothless’ ASEAN is losing its faith in the US
Trade tensions with Beijing reach a ‘breaking ‘point’
China and the US draw up the final frontier battle lines