Gunners Shot

An analysis of China’s current Two Sessions indicates that it is bereft of new ideas. China’s GDP target ambitious. It can be achieved only through heavy state spending like before. The results will also be like before. A GDP without ROI! Further its weak stimuli to spur consumption is not working. Global conditions are also not favourable. The Chinese are very uncertain and constrained with Trumpism prevailing. China is clearly stuck in an extended period of economic weakness. On the other hand Its constant increases in defence expenditure is worrying. This matched by its aggressive maritime posture in the Western Pacific. Leaves a huge room for us to think over.. While China will remain a big player in the international stage, it might not remain an influential player in days to come.