For months, China has promised to help its people spend more to turn the economy around, while taking few concrete measures. On Wednesday, the country’s top leaders pledged to “vigorously” boost spending but once again offered limited details and little money to back it up. The government’s budget and annual work report, released on the […]

China’s top leaders sought to project confidence in the country’s economy on Wednesday despite sluggish growth, an escalating trade war with the United States and growing geopolitical uncertainty caused by the Trump administration. The government set a bold target for the year, with Premier Li Qiang, China’s highest-ranking official after Xi Jinping, saying that China […]