Commentary As this year comes to an end, Beijing will be both uncertain and concerned about what is to come in 2022. China’s economy relies on three strong economic driving forces: domestic consumption, foreign trade, and foreign direct investment. But these economic engines are losing or have lost their power due to Beijing’s mishandling of both domestic and international situations. Domestically, manufacturers and businesses are closing down in large numbers, while unemployment has led to a serious reduction in people’s spending power, thus lowering China’s GDP growth expectation. Internationally, Beijing is facing changing prospects of foreign direct investment and foreign trade. Purging of Private Sectors Dooms Economy The first economic driving force—domestic spending—has lost its driving momentum due to the Chinese Communist Party (CCP) using political methods to deal with economic issues. The Chinese economy first showed signs of weakening when its real estate bubble began to form. Its shutting …