China Cancels Premier's Annual News Conference in Surprise Decision

China surprised the world by scrapping the tradition of the premier's news conference at the National People’s Congress, raising concerns about the country's economic uncertainty and global tensions. The move comes amid worries about China's economic slowdown, real estate crisis, unemployment, and declining exports. As the legislative session opens, all eyes are on China's plans for fiscal stimulus and efforts to restore confidence in the economy, which some economists believe could take three to five years.