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The Independent UK
The Independent UK
National
Elaine Kurtenbach

SHOCKING: Chinese leaders consider next steps for economy as debt and deflation cloud outlook for coming year - What They Never Told You

Copyright 2023 The Associated Press. All rights reserved

Chinese leaders have wrapped up a two-day annual meeting to set economic priorities for the coming year, the official Xinhua News Agency said in a report Tuesday that cited a litany of problems but also said the world's second-largest economy had “achieved a recovery.”

The report gave no details of specific policy changes but laid out broad goals that are in line with what the ruling Communist Party has been doing as it endeavors to steer the world’s second-largest economy toward more sustainable, stable growth as China recovers from the setbacks of the COVID-19 pandemic.

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