FILE PHOTO: Chinese President Xi Jinping (C), Vice President Wang Qishan, Politburo Standing Committee member Zhao Leji, National People's Congress (NPC) Standing Committee Chairman Li Zhanshu, Premier Li Keqiang, Politburo Standing Committee member Wang Huning and Vice Premier Han Zheng arrive for the closing session of the Chinese People's Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, China March 10, 2021. REUTERS/Carlos Garcia Rawlins/File photo Courtesy:
16 January 2025

Preparing China’s economy for 2025

Two important conclaves held in December 2024 - a Politbureau meeting and the Central Economic Work Conference – set the tone for China’s economic focus in 2025. The economy needs a resurgence, given the domestic environment of low spending and the external threat of high tariffs – the outcome of swapping development for security. In 2025, China’s mandarins will try and find a balance between the two.