Xi’s Tighter Script at China Parliament Leaves Investors in Dark

  • Delegates on sidelines of national meeting refrain from debate
  • Narrower event comes amid fears on data gaps, shrinking access
WATCH: For decades, China’s economic growth was tremendous. But now the nation is seeing a significant slowdown, with consequences for the rest of the world, including other countries, companies and you.Source: Bloomberg
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At a national meeting of lawmakers this month, the Communist Party’s top official in Chongqing was thrown an offbeat question: Is it harder to design a spaceship or govern a Chinese megacity?

Speaking on the sidelines of China’s parliament, former aerospace engineer Yuan Jiajun replied in English “this is a personal question,” before delivering his own assessment of the risks involved in both tasks. Managing a sprawling society of some 30 million people, like the southwestern metropolis he governs, is more complex than launching a spaceship, he concluded.