The story revolves around hope in facing the waves. Annual Parliament Session Starting on Monday ChinaMore propensity than ever Economic functions. References to uncertainties always abound National People's Congress Or 'Liangui', even in those glorious days. Now, when confusing symptoms are piling up, it's urgent to find cooking tips and boost morale.
Some 3,000 delegates People from all over the country come together for a long week The great palace of the peopleOn the west bank Plaza Tiananmen, taking the pulse of the country and unanimously approving everything the government sends. That is its maximum expression “Democracy of Consensus” China is making claims in the face of the West's paralyzed Kirigaya. starts with the text Prime Minister, Li QiangIt will detail what has been done in the past year, draw up minutes of results and progress Future directions. In this third chapter of the sermon, punctuated by the unanimous applause of the audience, Strategic twists Either way, it's subtle, as impromptu performances are reserved for full sessions. Chinese Communist Party.
Assembly comes when the world again declares an imminent drama. He The economic picture is indeed worrying. The population is aging This is because young people are ignoring government pleas to have children. Going up As he Youth strike Statistics are no longer given, Exports fell For the first time in seven years, foreign investment has found alternatives to India or Vietnam, domestic consumption that should have given rest to the global industrialist has not taken off, and the real estate sector has gone from leading growth to torpedoing.
Risk of social unrest
It accumulates one-third of the national GDP and now petitions Liquidation of promotersHe In big cities, the price of bricks decreases Millions of homes are sold on air alone without pause. danger Social disorders At the very least, it has pushed the government to give them loans so that they can complete the approved projects.
Those aren't trivial problems, though Decline It is expendable. It is possible China Set up a Annual economic growth target of 5% And more pessimistic forecasts promise a further 4.5% over the next three years. That's double the reach America. The failed judgment is influenced by memory (China shocked the world not too long ago with double-digit growth) and wishful thinking (it hoped for a post-coronavirus rebound that never came). China has previously responded to the difficulties of pachydermal stimulation packages that proliferate infrastructure. employment And they did Capital. He thus waded into the crisis but raised the debt of local governments to unaffordable levels. The current table suggests Surgical procedures.
are included in the economy Geopolitical challenges. The Taiwanese have issued a third consecutive and unprecedented mandate Democratic Progressive PartyPro-independence roots and it is already looming around the corner The new Donald Trump. Beijing and Washington They have given themselves a break after tumultuous months, but the temperature will explode as the presidential election approaches.
There were no new developments at the internal political level. Xi Jinping Continues to be the alpha and omega of the party. The dismissal of two of his ministers did not diminish his authority. The only change comes in protocol: this year, breaking a two-decade tradition, The legislative Assembly It does not end with the Prime Minister's press conference. It was a rare occasion for him to enjoy the limelight and interact with foreign journalists. But still Tsunami Xi Li Keqiang, or the recently deceased Li Keqiang, has undermined the image of the prime minister at the helm of the economy.
