China’s annual parliamentary session concluded without the customary press conference by the premier, a move seen as a sign of increased control under President Xi Jinping.
While China tries to project an image of openness for business, recent laws and detentions have deterred foreign investors.
Despite assurances from officials like Foreign Minister Wang Yi, concerns persist about transparency and predictability in China’s business environment.
The government aims for “high quality development” and attracting high-end technology, while also prioritizing stability and national security.
However, challenges like the real estate sector’s struggles and local government debts remain, signaling a complex balancing act for China’s economic strategy.
Source : BBC
https://www.bbc.com/news/world-asia-68508868