China’s new leaders must stabilise the economy this year to keep employment high while avoiding a surge in housing prices and inflation that could undermine reforms needed to overhaul the country’s export-oriented growth model.
Without stability, incoming President Xi Jinping and Premier Li Keqiang, who are set to be confirmed in March, have no chance of delivering a slew of reforms they say are needed now to tackle a host of financial, industrial and income imbalances that threaten China’s future. Reported by S.China Morning Post 10 hours ago.
Without stability, incoming President Xi Jinping and Premier Li Keqiang, who are set to be confirmed in March, have no chance of delivering a slew of reforms they say are needed now to tackle a host of financial, industrial and income imbalances that threaten China’s future. Reported by S.China Morning Post 10 hours ago.