China Flags Geopolitical Strains as Global Risks Rise
The Chinese government has outlined how geopolitical tensions and the competition among major powers are lifting global political and economic risks. This assessment is contained in a report on the implementation of the country’s socio economic development plan for the opening of the 1st session of the 14th National People’s Congress. The report appeared in the official newspaper of China, Xinhua.
The document notes that China is entering a stage where development opportunities, risks, and challenges coexist. It highlights that uncertain factors are becoming harder to predict and that this uncertainty is rising as the economy transitions and expands. The report stresses that the external environment has grown more unstable, with a pattern of unpredictability becoming a persistent feature of international relations.
Examples of the negative spillovers from competition among major powers include ongoing energy and food market volatility, tighter financial conditions in advanced economies, and interruptions in global supply chains. These dynamics, the report argues, are shaping the outlook for China’s growth and policy priorities.
The statement also references ongoing efforts within China to broaden access to advanced technologies and energy resources through expanded import channels. This approach is presented as part of a broader strategy to stabilize growth, strengthen resilience, and diversify supply lines in the face of geopolitical uncertainty.
Overall, the government emphasizes a balanced approach that seeks steady development while managing risk in a world marked by rapid change. The analysis underscores the importance of adapting to a shifting external environment and leveraging internal strengths to sustain progress in a highly interconnected global economy. The report is attributed to the official channels of China and reflects the published perspective of the state on economic planning and external risks.