April 16, 2024

News and Political Commentary

What to watch for as China’s major political meeting of the year gets underway

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BEIJING (AP) — One burning issue dominates as the 2024 session of China’s legislature gets underway this week: the economy.

The National People’s Congress annual meeting, which opens Tuesday, is being closely watched for any signals on what the ruling Communist Party might do to reenergize an economy that is sagging under the weight of expanded government controls and the bursting of a real-estate bubble.

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That is not to say that other issues won’t come up. Proposals to raise the retirement age are expected to be a hot topic, the state-owned Global Times newspaper said last week. And China watchers will parse the annual defense budget and the possible introduction of a new foreign minister.

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The Associated Press

2024-03-03 00:17:38

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