Story perspectives
China's Xi Unveils Bold Economic Strategy Amid Challenges
2/28/2026
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Story summary
- China's leadership plans a proactive macroeconomic approach to support its new five-year plan ahead of the two sessions.
- President Xi Jinping of China chaired a Politburo meeting that emphasized expanding domestic demand and growth drivers.
- The Politburo's statement outlined plans to develop a unified national market and stabilize employment.
- Due to deflation, a property slump, and weak consumption, China targets 2026 growth of 4.5–5 percent.
