Xi's Economy Is Failing China's People, according to a Wall Street Journal Markets report. The analysis examines the challenges facing China's economy under Xi Jinping's leadership and the impact on ordinary citizens.

The report also explores how deficits are boosting bond yields, highlighting fiscal policy concerns in global markets. Additionally, it covers AI's ongoing struggles in drug discovery, despite significant investment and hype surrounding artificial intelligence applications in pharmaceuticals.

Signs of a potential food-price shock are also noted, adding to mounting economic pressures. The combination of these factors paints a complex picture of current economic headwinds affecting both China and broader global markets.