The Communist Party rebuffed calls from economists to shift away from investment-led growth and toward consumer spending.
Category: Communist Party of China
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China’s Leaders Offer High Hopes, but Few Details for Road to Recovery
Top officials emerged from a high-stakes meeting about lifting the economy out of its malaise with few signs of a fundamental rethink.
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China Is Holding a Major Meeting on the Economy That You Can’t Watch
President Xi Jinping will preside over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest.
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Fraud Case Against Rich Exile Who Riled Beijing Goes to Jury
Guo Wengui fled China and allied with the American right in a quixotic quest to end Communist rule. U.S. prosecutors say he stole over $1 billion from his followers.
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Chinese Activists Who Gave #MeToo Victims a Voice Are Found Guilty
Huang Xueqin, a journalist, and Wang Jianbing, a labor activist, were convicted of subversion, a vaguely worded charge long seen as a tool for muzzling dissent.
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Tesla’s Pivot to China Saved Musk. It Also Binds Him to Beijing.
Tesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.
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China Shuts Down a News Conference, Shutting a Tiny Window for Its People
Once a year, the premier held a news conference, explaining the economy and giving Chinese a taste of political participation. That has come to an end.
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China’s New Economic Agenda, a Lot Like the Old One: Takeaways
At the National People’s Congress on Tuesday, China’s leaders set an ambitious goal for growth, exactly the same one as last year.
