China’s leaders face challenge of drawing up a five-year plan for an uncertain world

When China’s economic planners drafted the country’s last five-year plan in 2015, they said the international environment had “never been more complicated”.They might have spoken too soon.At that time, policymakers in Beijing saw the Trans-Pacific Partnership, a trade agreement proposed by the Barack Obama administration to lift trade standards among major economies, as one of their biggest headaches.This year, with the collapse of the TPP – after Donald Trump pulled the US out – Beijing is…

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