China and the US reached a truce in their trade war at the recent meeting between Donald Trump and Xi Jinping in South Korea. And the two leaders even pledged to visit each other’s countries next year. But US tariffs on Chinese imports remain at around 47% — and a dispute over the export of US semiconductor chips to China looks set to continue. These tensions seem to have informed the Communist Party’s newly released proposals for China’s next Five Year Plan, which focus on innovation and mak...
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China and the US reached a truce in their trade war at the recent meeting between Donald Trump and Xi Jinping in South Korea. And the two leaders even pledged to visit each other’s countries next year. But US tariffs on Chinese imports remain at around 47% — and a dispute over the export of US semiconductor chips to China looks set to continue. These tensions seem to have informed the Communist Party’s newly released proposals for China’s next Five Year Plan, which focus on innovation and mak...
Planning China's Future — Boosting Consumption, Enterprise and Defence
China In Context
45 minutes
7 months ago
Planning China's Future — Boosting Consumption, Enterprise and Defence
At this month’s legislative session China announced policies to maintain GDP growth at 5%, boost consumption and the private sector and promote AI and high tech industry, from quantum computing to the low altitude economy. But will it be enough to reassure consumers and investors — and does the higher than GDP growth increase in defence spending in the budget, and the continuing crackdown on corruption hint that the leadership’s top priorities are still security and stability rather than grow...
China In Context
China and the US reached a truce in their trade war at the recent meeting between Donald Trump and Xi Jinping in South Korea. And the two leaders even pledged to visit each other’s countries next year. But US tariffs on Chinese imports remain at around 47% — and a dispute over the export of US semiconductor chips to China looks set to continue. These tensions seem to have informed the Communist Party’s newly released proposals for China’s next Five Year Plan, which focus on innovation and mak...
