Xi Jinping asserts that China’s economy is on course for a 5% expansion in 2025, targeting stable growth despite external challenges.
The president delivered his message during his annual address, highlighting that risks in key economic areas are being managed effectively.
Growing concerns about Donald Trump’s imminent tariffs on Chinese imports have led to speculation about potential restrictions on US companies, including Tesla.
Policymakers are shifting focus towards more aggressive economic stimulus measures to combat declining growth rates.
Amidst international pressure, Xi affirmed China’s intent to maintain strong relations with Russia, discussing strategic partnerships on various global issues.
For more details, visit the original article at The Guardian.