The world is keeping its eyes peeled as top lawmakers gather in Beijing to decide the policy direction during China’s annual parliamentary meetings this week.
In the lead-up to the official opening of the “two sessions”, a new wave of optimism was sweeping through the world’s second-largest economy. Following last year’s market gloom, when stagnation seemed to be China’s inevitable future and international capital favouring other Asian markets such as India and Japan, analysts are now closely watching to see China’s next steps as it tries to reinvigorate the economy and China’s place in the global tech race.
This comes as China swiftly retaliated against fresh US tariffs - a range of American agricultural and food products will face between 10 to 15 per cent hikes in import levies.
On this episode of Morning Shot, Dr Chong Ja Ian, Associate Professor from the Department of Political Science at the NUS Faculty of Arts & Social Sciences shares his insights.
Presented by: Audrey Siek
Produced by: Yeo Kai Ting (ykaiting@sph.com.sg)
Photo credits: Chinese leader Xi Jinping, center, at a meeting in Beijing's Great Hall of the People during China's annual two sessions political gathering last March. Ju Peng/Xinhua/Getty Images
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Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek