Economics

Xi Doubles Down on Domestic Focus as U.S. Relations Fray

  • The 14th 5-year economic plan is due to start next year
  • Officials are pushing for more self reliance in key industries
Watch: Chinese President Xi Jinping is doubling down on his ambition to focus the economy on domestic factors.(Source: Bloomberg)
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China’s top leaders next month will lay out their economic strategy for the next five years that will include a new ambition to ramp up domestic consumption and make more critical technology at home in a bid to insulate the world’s second-largest economy from swirling geopolitical tensions.