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China’s ‘Two Sessions’ paper over cracks in a troubled economy

First Published: Council on Geostrategy 06-04-2022

The backdrop to the ‘Two Sessions’ had not really changed since the Central Economic Work Conference (CEWC) that took place in December 2021, and indeed, the economic documents presented earlier this month – the Government Work Report (GWR), the National Development and Reform Commission report, and the Budget report – all borrowed heavily phrases and text from the December assessment. The typical structure of these reports comprises a lengthy self-congratulatory preamble about how and how far last year’s goals were all met, followed by an equally lengthy list of tasks and goals which will be accomplished in the year to come…. Read on ….