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Is this China's chance to shine as US debt-ceiling impasse raises global fears?

The US debt debacle is seen contributing to a relative rise in China’s status, and a failure by Washington to reach a deal – however unlikely it may be – would ‘cause significant volatility’ in markets. ....

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China's 'two sessions' 2023: Xi Jinping's call for 'common prosperity' risks going unanswered by Covid-weary private firms

President Xi Jinping has again urged entrepreneurs to give to charity and ‘share the fruits of growth’, but his message could find a muted reaction among private firms still recovering from three years of Covid uncertainty. ....

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China's key private sector needs 'continuity, stability' to support economic recovery, but doubts remain

Speech by President Xi Jinping at the economic work conference in December, which was released on Wednesday, confirmed Beijing’ support for China’s private economy as it remains under pressure. ....

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