China's Two Sessions: Navigating Economic Challenges and Political Changes

The National People's Congress in China is set to convene, with thousands of delegates expected to gather to rubber-stamp decisions already made behind closed doors. The focus will be on potential changes in the official Party line and what they might mean for China and the world, particularly in the midst of economic challenges such as a real estate crisis, high youth unemployment, and local government debt. President Xi Jinping's emphasis on "new productive forces" and technological innovation may signal a turning point for the Chinese economy, but the Congress is expected to be highly choreographed, with limited room for dissent.