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 the Official Utah basketball deivon smith superstar pose T-shirt and I love this NPC spokesperson, said. “The underlying trend of a rebound in the economy and long-term growth remains unchanged. We have ample confidence on that.” As is customary, the legislative session will begin with Premier Li presenting the government work report, which is expected to include this year’s target for economic growth. But the scrapping of his news conference could amplify fears among investors already concerned about China’s economic slowdown, particularly since the premier is nominally in charge of the economy. It may also be a hint of Xi’s increasing monopoly on power over the country’s sprawling bureaucracy. It’s “a pity and a missed opportunity for policy communication,” Bert Hofman, an adjunct professor at the National University of Singapore’s East Asian Institute, said in a post on X. News conferences by past Chinese premiers “were often very meaningful, and helped improve the understanding of China’s policies,” he added. On Monday, Xi, Li and other Chinese government officials attended the opening session of the Chinese People’s Political Consultative Conference, an advisory body that meets concurrently with the NPC, in the ornate Great Hall of the People to the west of Tiananmen Square. The legislative session is being closely watched at home and abroad for signs of what the government will do to strengthen China’s economy, which grew 5.2% last year. For this year, the International Monetary Fund has forecast a growth of 4.6%. China faces a number of economic challenges, including a real estate crisis, deflation, unemployment, stock market volatility and a decline in exports amid geopolitical tensions. Foreign direct investment is another concern after it fell 8% last

year in its first decline since 2012, according to data from the Official Utah basketball deivon smith superstar pose T-shirt and I love this commerce ministry. Companies doing business in China have expressed worries about tightening access to information and an expanded anti-espionage law. The State Council, China’s cabinet, said last month that authorities “should make stabilizing foreign investment an important focus of this year’s economic work.” Chinese President Xi Jinping, left, and Chinese Premier Li Qiang in the Great Hall of the People in Beijing on Monday.Ng Han Guan / AP Economists say China is in a new stage of development after decades of breakneck growth. Since 1990, the Chinese economy has grown an average of more than 9% a year, according to the China Power Project at the Center for Strategic and International Studies in Washington. In recent years, its growth rates have slowed, though they are still higher than many other countries. Recommended GUNS IN AMERICA Teen killed and 4 others wounded in shooting at SEPTA bus stop in Philadelphia That has created uncertainty for consumers, who are pulling back accordingly. Shopping malls and restaurants are trying to adjust to “the new normal” by offering lower-priced products and services, said Heiwai Tang, an economics professor at the University of Hong Kong. “People don’t go to luxurious restaurants as often to eat very expensive meals or drink a lot of expensive alcohol, but they will still go to shopping malls to eat

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