Xi Jinping 

Xi Jinping 

Photographer: Kevin Frayer/Getty Images

Xi’s One-Man Rule Over China’s Economy Is Spurring Unrest

Chinese leader’s consolidation of power makes him bigger target as economic slowdown that’s hit household wealth sees protests rise

Xi Jinping’s consolidation of power has cleared the path for him to break China’s cycle of debt-driven growth and put the economy on a more sustainable footing. But there’s a big problem: He’s failing to convince the nation that’s a good idea.

As the world’s second-biggest economy undergoes a prolonged slowdown, Xi’s move to shun the old playbook of unleashing broad stimulus is spurring discontent. The China Dissent Monitor, a project of US-based Freedom House that collects information on protests, says economic demonstrations have remained elevated since August, with many focused on labor disputes and a real estate crisis that’s cutting into household wealth.