Politics
Xi Jinping warns of China's challenges after unprecedented economic recovery plan
The Chinese economy has faced a significant slowdown, driven by the crisis in the real estate sector, weak domestic demand and falling prices.
The president of China, Xi Jinpingwarned of the challenges facing the country, in his first public statement after the release of an unprecedented economic recovery plan. He stressed the importance of being vigilant against possible dangers and preparing for difficult times, indicating that the future could be fraught with obstacles and difficulties. China's economy has faced a significant slowdown, driven by a crisis in the real estate sector and weak domestic demand. market and falling prices. These conditions make it increasingly difficult to achieve the growth objective set for this year.
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The effectiveness of the announced support and the increase in spending remain uncertain, raising doubts about a possible sustainable recovery. In addition to economic issues, Xi Jinping also addressed the situation in Taiwan, reaffirming his opposition to any separatist movement aimed at the island's independence. He reiterated the importance of upholding the “one China” principle, which is fundamental to the country's foreign policy. The Chinese government is under pressure to implement measures that could revitalize the economy and ensure more robust growth in the years to come.
Posted by Sarah Amrico
*Report produced with the help of AI
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