China’s ‘two sessions’ show plans for resilience in a stormy world
China’s “two sessions” this year presents less of a story of an economic miracle than of transition: from high-speed to high-quality growth, and from dependence on external demand to a more resilient, innovation-driven economy. Against a backdrop of global tensions and fragmenting supply chains, Beijing is using this political moment to signal that it sees opportunity in adversity and is prepared to recalibrate its development model rather than cling to the habits of the boom years. For China...
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China’s ‘two sessions’ show plans for resilience in a stormy world
China’s “two sessions” this year presents less of a story of an economic miracle than of transition: from high-speed to high-quality growth, and from dependence on external demand to a more resilient, innovation-driven economy. Against a backdrop of global tensions and fragmenting supply chains, Beijing is using this political moment to signal that it sees opportunity in adversity and is prepared to recalibrate its development model rather than cling to the habits of the boom years. For China...
By Jianxi Liu
Read full article →China boosts defence spending 7% in drive to modernise by 2035 - The Jakarta Post
China boosts defence spending 7% in drive to modernise by 2035 The Jakarta Post
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