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What to watch for at China’s major political event this week

  • President Xi Jinping enters China’s biggest political meeting with the economy showing some confidence, yet faces new tariffs from Donald Trump that could impact growth plans.
  • China aims to set a 5% growth target while its official budget deficit is projected to increase to about 4% of GDP to facilitate this goal.
  • Analysts predict the government will boost investment and appeal for increased spending due to expected slow export growth amidst the trade war.
  • Yao Yang from Peking University warns that fiscal stimulus measures may not be sufficient to counter the potential tit-for-tat with the US tariffs.
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Bias Distribution

  • 53% of the sources lean Left
53% Left
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South China Morning Post broke the news in Hong Kong on Saturday, March 1, 2025.
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