In EIU’s April 2024 Global Outlook video, principal economist, Robert Wood, and senior economist, Tianchen Xu, discuss the outlook for China’s economy. {video} In the recent opening of the annual legislative session, President Xi Jinping discussed unleashing “new productive forces”, a term coined by the president last September and has since become an umbrella term for productivity enhancements in China. The ongoing US-China rivalry has meant China has become preoccupied with self-sufficiency in advanced technologies and supply chain security by doubling down on its industrial policy. China has made strides in ... (full story)