Stay updated with breaking news from Nancy qian. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
China’s authorities have powerful economic-policy levers at their disposal to achieve their 5% growth target this year and to put the economy on a more sustainable long-term growth path. But several trends – from the shift toward state capitalism to population aging to the loss of goodwill between Chinese and Americans – could thwart China’s ambition to join the ranks of high-income countries by mid-century. ....