Trump falls the US government, XI emphasizes: In China everything runs as usual
Trump falls the US government, XI emphasizes: In China everything runs as usual
Hong Kong/Beijing-while President Donald Trump introduces extensive changes in the US government and reversed decades of foreign policy in the United States, the Chinese leader XI Jinping is preparing for a significant political assembly that is supposed to convey something else: strictly controlled stability.
Encounters in Beijing
This week in the Chinese capital, thousands of delegates come to the annual “two sessions”, a highly choreographed spectacle, in which XI and his civil servants present China as a great power that is confident in its direction and is constantly progressing their technological competence and their global climb.
political events and economic goals
On Wednesday morning, the image symbolic for Beijing is reinforced by the first speech by Trump before the congress, which coincides with a kind of "state speech" of the second most powerful Chinese, Li Qiang. This is held at the opening meeting of the National People's Congress (NPC), which has already abnaid decisions made behind closed doors.
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Li is expected to announce and explain to China's annual goals for economic growth and military spending on how Beijing plans to continue its economic growth and change into a major technological power despite the increasing pressure from the USA.
economic pressure and trade conflicts
This year's “two sessions”, which last about a week and include both the NPC and the highest advisory committee in the country, begin at a time when the White House wants to double the additional tariffs in all Chinese imports to the USA - from 10 % before. These taxes are added to existing tariffs to hundreds of billions of dollars in Chinese goods.
How Beijing will react to this last step remains uncertain. Last month, China reacted to certain species of American coal and liquefied natural gas as well as a 10%customs to crude oil, agricultural machines and large vehicles with the surcharge of a 15%tax rate.
China's innovation strategy
Regardless of these challenges, analysts do not expect major political surprises or course changes. The real decision of decision lies with the China Communist Party, the authority of which is undisputed in the country - and XI has been the most powerful leader of the party for decades.
The increased tariffs - and the impending other economic and technological controls - throw a long shadow over the "two sessions", in which observers will also pay attention to how Beijing continues to deal with the growing economic difficulties in their own country.
trust in the technology
With a wave of self -confidence and national pride in the technology sector, China enters this year's “two sessions”. The private Chinese AI company Deepseek recently surprised Silicon Valley with its latest open source language model. In addition, Beijings have already borne fruits with Tesla, since the leading electric vehicle manufacturer China is now competing with Tesla.
Support for the private sector
It is expected that China's leadership will continue to invest in innovation in order to make the second largest economy in the world in high technology. XI and its employees consider high -quality chips, quantum computing, robotics and AI to be decisive for economic growth and modernization of Chinese production.
"China has to find a new engine for its economic development. The old model, which was based on large infrastructures and construction projects, will probably no longer work ... and the technology sector is the most promising way that China has taken," said political scientist Liu Dongshu from City University of Hong Kong.
Strengthening political control
The meeting this year will be shown again how the political apparatus behind XI Jinping's vision stands for the future, despite the country's economic hurdles. "The NPC this year will be indignant to secure China's rise and to consolidate the attitude towards global uncertainties," says Nis Grünberg, main analyst at the Merics Denkfabrik in Germany.
The weakening Chinese economy, which is affected by a crisis in the real estate sector and a high debt of the municipalities, is closely observed by experts. Recovery could be a challenge, while Beijing could also implement strategies to stimulate consumption and support industry.
summary and outlook
In conclusion, China will most likely present China to present new measures to improve consumption and support industry in the coming days. Other countries should pay attention to how China remains despite the challenges what it is: a nation that is ready to appear as a pioneer in global trade and order.Details on the message source edition.cnn.com
SOURCE: die-nachrichten.at