China has set a target of around 5% GDP growth in 2025, accompanied by a significant increase in fiscal spending. To stimulate domestic consumption and reduce reliance on foreign markets, Beijing is implementing the “dual circulation” strategy, focusing on internal demand while maintaining external trade relations.

All this as the government is investing heavily in high-tech industries, like AI, and strengthening ties with BRICS nations and Southeast Asian countries.​

Joining the discussion: 

• Yan Liang is a Chair Professor in Economics at Willamette University. 
• Andy Mok is a Senior Research Fellow with the Center for China and Globalization.
• Hannah Ryder heads Development Reimagined, an African-led women-led development consulting firm.  
• Roberto Dumas is a Professor at Brazil’s Insper Institute of Education and Research.