Consumers helped push GDP 4.9% higher in the third quarter. But they may not be able to do much more.
Reformers hope the lack of an economic growth target means policymakers can move beyond short-term thinking toward longer-term priorities.
Chinese President Xi Jinping was installed for another entirely expected five-year term by the Communist Party Congress this week. And in the course of a three-plus hour speech to open the Congress, Xi said something that hasn’t gotten much notice here, but is all over the Chinese press: He wants to build a moderately prosperous […]