Kevin Yao

Kevin Yao


China to concede economy will slow

China concedes economy is slowing

BEIJING: China's leaders are poised to endorse a lower economic growth target for Beijing's next five-year plan compared with 2016-2020, as authorities navigate growing challenges fuelled by a deepening rift with the United States, policy sources said.President Xi Jinping and other leaders are expected to discuss and approve China's economic …

Continue reading

Reform hopes rise as China focuses on domestic economy

Reform hopes rise as China focuses on domestic economy

Chinese reform advocates are hoping President Xi Jinping's proposed new economic model, expected to be the centrepiece of a key conclave next month, is an opportunity to quicken changes to spur domestic demand and tackle structural woes.The new development model will be discussed at a meeting of the ruling Communist …

Continue reading