China’s economy is losing momentum, as its national congress prepares for meetings in Beijing

China’s economy is losing momentum, as its national congress prepares for meetings in Beijing

China’s progress in building a modern economy, evident in its kung-fu fighting robots and self-parking cars, is hitting limits as a downturn in its housing industry drags on, small businesses suffer and young people struggle to find jobs.The gap between Chinese leader Xi Jinping’s high-tech, artificial intelligence-driven ambitions and the hard realities of slowing growth is the backdrop for the annual meeting of the country’s largely ceremonial national legislature, the Nation...

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