China’s Tech Ambitions Face Reality Check Amid Prolonged Housing Slump
As the National People’s Congress convenes to set China’s 2030 blueprint, the nation faces a critical tension between Xi Jinping’s high-tech industrial goals and a persistent downturn in the property sector. Despite reporting 5% growth in 2025, structural imbalances and weakening domestic demand threaten the long-term stability of the world's second-largest economy.