Logo 13 Dec 2024

Foreign affairs roundup: Xi calls for dialogue with US, talks up cooperation with Russia and more

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Even amid all the hubbub over the Central Economic Work Conference (CEWC), Chinese diplomacy keeps on truckin’.
Here’s a smattering of the stuff that’s mattering:

On Wednesday, Xi Jinping sent a congratulatory letter to the US-China Business Council’s (USCBC) annual gala dinner. Xi said that the tw...



More recent developments

Logo December 13, 2024
Policymakers promise a plan to boost consumption

The Central Economic Work Conference (CEWC) promised an all-out effort to revive China's sluggish consumer demand. According to the meeting readout: “To address the prominent issue of insufficient demand, efforts will focus on boosting domestic demand, particularly consumer demand from… Read More »

Logo December 13, 2024
CEWC vows to tackle cleantech overcapacity

Policymakers look likely to adopt a more forceful approach to tackling cleantech overcapacity. Thursday’s Central Economic Work Conference (CEWC) readout urged officials to: “Comprehensively address 'involution-style' competition and regulate the behavior of local governments and corporations” Some context: Many of China’s… Read More »

Logo December 13, 2024
CEWC promises fiscal expansion in 2025

The Central Economic Work Conference (CEWC) signaled a big expansion of fiscal spending is coming in 2025. According to the readout from the meeting – which wrapped up Thursday – the budget deficit will increase next year, but it didn’t… Read More »