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China’s local governments have supported growth through heavy borrowing and spending big, but their debt loads are another hurdle to China’s development.
The Chinese Communist Party has begun a new campaign to charm foreign leaders and foreign investors.
Analysts say Beijing’s policies will hurt the livelihood of the people.
The Chinese economy has reached a breaking point. Trade wars, splitting global alliances, and internal instability are looking to make the problems even worse.
The watchword for the Chinese Communist Party’s Third Plenum of the 18th Central Committee has been “reform.” In 2004 Epoch Times published an editorial series that explains why today’s promise of reform will never be fulfilled.
The Third Plenum of the Chinese Communist Party’s 18th Central Committee has been anticipated for some time because of the reforms expected to come out of this high-level political meeting.
A major Chinese Communist Party political meeting is supposed to lay down a blueprint for major changes to China’s economic growth model, but the Party may stand in the way.
In the calendar of events that mark the rule of a Chinese Communist Party general secretary, the Third Plenum of the Central Committee is taken to have special significance. Xi Jinping chose to underline his hopes for the Third Plenum of the 18th Central Committee by moving it to the Jingxi Hotel in Beijing’s western suburbs.
