China’s Premier Holds Meeting With Experts to Save Economy; Analysts Say Root Cause Systemic With Communism

'I compare it to multiple organ failure,' macroeconomist says

A man works at a construction site of a residential skyscraper in Shanghai on Nov. 29, 2016. JOHANNES EISELE/AFP via Getty Images

Chinese Premier Li Qiang collected suggestions from mainland Chinese economists on July 6 on how to repair the nation’s flagging economy, although analysts say the root cause of China’s economic downturn lies in its political system, which is dictated by the Xi Jinping-led communist regime.

With multiple crises currently looming over China’s economy and the regime’s ongoing divergence with the West, there is no solution for the Chinese Communist Party (CCP), the analysts say.