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China’s Xi Vows to Tackle Risks as Pivotal Political Year Begins

  • President strikes down-to-earth tone in New Year’s Eve address
  • Speech comes as Xi prepares to seek third term as leader
Bloomberg business news
How Will China Change in 10 years?

Chinese President Xi Jinping vowed to tackle risks that could disrupt his nation’s march toward development, as he entered a pivotal political year facing a host of economic challenges made worse by the pandemic. 

“To realize the great rejuvenation of the Chinese nation will be no easy task like a walk in the park,” Xi said in a brief New Year’s Eve address broadcast to China’s 1.4 billion residents.