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Faced with stagnating economic growth, Chinese leader Xi Jinping decided to go all in on manufacturing and exporting. But, as Lingling Wei reports, the increase in low-cost Chinese goods is squeezing businesses around the world and raising the specter of a new trade war. Further Listening: - How Xi Jinping's Dream Slowed China's Economy - The Political Cost of China's Faltering Economy Further Reading: - Why China Is Starting a New Trade War - China Revives Socialist Ideas to Fix Its Real-Estate Crisis Learn more about your ad choices. Visit megaphone.fm/adchoices