China's leaders vow to fight 'risks' plaguing economy
Beijing (AFP) July 18, 2024
Beijing's leaders vowed Thursday to resolve "risks" plaguing China's economy, but were yet to offer any concrete steps to pull the country out of its financial woes. The world's second-largest economy is grappling with a property debt crisis, weakening consumption, and an ageing population. All eyes were on how this week's Third Plenum meeting of the Communist Party in Beijing, attended
Beijing's leaders vowed Thursday to resolve "risks" plaguing China's economy, but were yet to offer any concrete steps to pull the country out of its financial woes. The world's second-largest economy is grappling with a property debt crisis, weakening consumption, and an ageing population. All eyes were on how this week's Third Plenum meeting of the Communist Party in Beijing, attended