By Hayley Wong Update on NPC sidelines by PLA Navy admiral and political overseer Yuan Huazhi represents first official confirmation of Beijing’s efforts to build a fourth aircraft carrier. Source: China’s aircraft carrier No 4 on track with ‘no technical bottleneck’, admiral reveals in first official confirmation
Premier Li Qiang aims for 5% economic growth in China. He outlined plans to boost technology, military, and the economy. No stimulus package, but a pro-active fiscal policy, prudent monetary policy, and 1 trillion yuan in long-term bonds will be issued for growth. Source: China sets growth target of 5%, but says will be tough […]
President Xi Jinping wants new technologies to propel China’s future growth, but Beijing may have to tap on infrastructure spending to hit its 2024 growth target. Source: China may have to resort to a tried-and-tested tactic to power its ‘new leap forward’