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China's new economic strategy for the next 5 years will include a new ambition to ramp up domestic consumption and make more critical technology at home.
In episode 553 of Cut the Clutter, Shekhar Gupta highlights how Chinese President Xi Jinping has been under fire for his handling of Covid pandemic, among other issues.
Through 'Clean Plates campaign' Xi seeks to curb the problem of leftovers. But this might be touching third rail in a country where meals are a cornerstone of private life.
Strat News Global founder Nitin Gokhale says he received a call from a Chinese embassy official, asking for the video to be deleted and warned there would consequences otherwise.
Xi also said that since the establishment of diplomatic ties, the two countries have always respected each other, treated each other as equals and enhanced political mutual trust.
Although China's 1.4 billion citizens don’t get a vote, public sentiment still matters when it comes to how much support Xi can muster from senior CPC leaders for his indefinite rule.
President Xi Jinping said globalisation was a historic trend in a comment that appeared to push back against countries looking to reduce dependence on China.
The US has been pushing foreign companies to move supply chains out of China, and publicly floated the need for a group of friendly Asian nations that could help produce essential goods.
The protest was held to call for boycott of Chinese goods after 20 Indian soldiers were killed by Chinese troops in Galwan Valley earlier this week.
What’s clear on both sides is the demise of the widely held belief that embracing China’s economic rise would yield a more US-friendly Beijing.