China Marks 75th Anniversary Amid Economic Struggles and Geopolitical Tensions
President Xi Jinping warns of 'rough seas' ahead as China faces economic slowdown and strained international relations.
- China's economy grew at 4.7% last quarter, falling short of the government's target amid ongoing financial challenges.
- New stimulus measures include interest rate cuts and eased homebuying restrictions to spur economic recovery.
- Territorial disputes with neighbors and tensions with the US add to China's geopolitical challenges.
- Xi Jinping emphasizes the importance of vigilance and unity as China navigates economic and security threats.
- Taiwan remains a contentious issue, with Xi reiterating plans for 'reunification' despite strong opposition from Taiwan and its allies.