China’s Communist Party will signal its approach to the country’s challenges at a meeting this week
Associated Press
BEIJING (AP) — China’s ruling Communist Party is starting a four-day meeting that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology. The meeting that begins Monday typically focuses on such long-term issues. But business owners and investors will also be watching to see if the party announces any immediate measures to try to counter a prolonged real estate downturn and persistent malaise that has suppressed China’s post-COVID-19 recovery. The party is also likely to consider issues of investment in high-tech industries key to national security, as well as funding social welfare for its large aging population.