China’s ‘two sessions’ 2024: Have new pressures already fractured last year’s economic model?


China’s political elite will gather next week for the country’s annual legislative sessions, where plans will be set for the country’s economy, diplomacy, trade and military. In the second part of the series, Frank Chen and He Huifeng examine how Beijing will guide its economy through uncharted waters.

Though it is typically a time for warmer weather, this spring could bring a chill to China’s previously sizzling industries – particularly new energy – as hopes for a banner year of economic growth may not come to fruition if overcapacity concerns and strained trade relations prove enough of a hindrance.

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