Indeed, the Chinese government’s plan says Chinese industries that benefit should own as much as 80 percent of their home market in just eight years. Advertisement Continue reading the main storyThe Chinese government has long worried that the country’s economy is still too concentrated in fairly low-end manufacturing. Advertisement Continue reading the main storyThe Chinese Communist Party has long relied on five-year plans to guide national economic growth. Advertisement Continue reading the main storyThe timing is delicate. Along with subsidies at home, the Chinese plan calls for a shopping spree overseas.

Source: New York Times March 07, 2017 10:52 UTC