Smart in 60 Seconds: China is investing, but the economic foundation is shaky
Quick Hits
•
11-Jul-2024
China is preparing for the most important meeting of the year, with Third Plenum of the Communist Party’s Central Committee beginning on July 15.
And while the party is touting investments in cutting-edge technologies, Jeremy Mark, a senior fellow with the Atlantic Council’s GeoEconomics Center, writes that in the process, Beijing is failing to address economic challenges or to invest in social programs “to support the vast majority of the population who scrape by outside the tech sector.”
Read Mark’s full analysis, “What to expect at the Chinese Communist Party’s most important meeting of the year”: https://www.atlanticcouncil.org/blogs/new-atlanticist/what-to-expect-chinese-communist-party-third-plenum/
Up Next in Quick Hits
-
Lloyd Austin: "We will defend every i...
US Secretary of Defense Lloyd Austin reaffirmed the US commitment to NATO, saying, "We will defend every inch of NATO, and we will continue to strengthen NATO's collective defense and deterrence."
He spoke at the NATO Public Forum in Washington, DC, on the sidelines of the 2024 NATO Summit.
-
NATO Secretary General: "China is the...
NATO Secretary General Jens Stoltenberg said China "can't have it both ways."
"They cannot believe they can have a kind of normal relationship with NATO allies in North America and Europe, and then continue to fuel the war in Europe," he added.
Stoltenberg spoke at the NATO Public Forum in Wash...
-
The left is making a comeback in the UK
After fourteen years in power, the United Kingdom's Conservative party is stepping aside, with Keir Starmer and Labour making big gains during the July 4 elections.
Jörn Fleck, senior director of the Atlantic Council's Europe Center, says the Labour victory reflected voters' frustrations surrou...