China Opens Two Sessions With Focus on Economy and Global Relations
- President Xi Jinping opened China's biggest political meeting, focusing on economic confidence and global relations amid rising tariffs imposed by the United States.
- China plans to establish a 5% growth target while increasing its budget deficit, expected to reach 12 trillion yuan, as it tackles deflation and trade war issues.
- Household spending remains low due to the real estate downturn, with consumption contributing less than 45% of GDP growth last year, the lowest since 2006.
- Officials warn that fiscal stimulus may not be sufficient to combat trade challenges, with potential US tariff increases leading to more economic strain.
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98 Articles
98 Articles
All
Left
19
Center
19
Right
12
Coverage Details
Total News Sources98
Leaning Left19Leaning Right12Center19Last UpdatedBias Distribution38% Left, 38% Center
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
38% Center
L 38%
C 38%
R 24%
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