China

Xinhua | English | News | Jan. 23, 2026 | UndeterminedEconomic Growth

China's 2025 GDP growth demonstrated resilience amid global uncertainties, reflecting the early effects of a strategic economic rebalancing under the 15th Five-Year Plan (2026-2030). Policymakers are shifting focus from pursuing headline growth figures to enhancing economic stability and balance by expanding domestic demand, investing in human capital, and promoting innovation. This approach prioritizes long-term resilience through targeted support rather than broad stimulus measures.

The central bank's recent cautious monetary easing and planned increased fiscal spending for 2026 underscore the government's commitment to sustainable development. Fiscal resources will be directed towards consumption, human capital investment, and livelihood protection, balancing current needs with medium- and long-term financial sustainability. External observers see this as a sign of China's strategic transformation toward economic maturity.

Structural rebalancing is central to the new economic direction, with domestic consumption and technological advancement replacing traditional growth drivers like investment and exports. The government plans to release a domestic demand expansion strategy for 2026-2030, emphasizing sectors such as elderly care, green technology, and cultural tourism. Innovation, particularly in areas like artificial intelligence, is expected to enhance productivity and drive future growth.

A strong emphasis is placed on investing in people, viewing human capital as essential to sustainable growth and innovation. Policies aim to increase household incomes, stabilize and improve employment quality, and leverage China’s vast pool of STEM graduates to transition from a "population dividend" to a "talent dividend." This focus on intrinsic economic stability through rebalancing is poised to shape China's development trajectory amid global complexities in 2026 and beyond.

Xinhua | English | News | Jan. 23, 2026 | Political Scandal or Corruption

Taiwan's legislature held the first plenary meeting to review an impeachment motion against leader Lai Ching-te on January 21, 2026. Lai was invited to attend and provide explanations but did not appear. The impeachment motion, submitted by lawmakers from the Kuomintang (KMT) and the Taiwan People's Party, had been approved on December 26, 2025.

This meeting was the first of four scheduled sessions for Lai to respond in person, with the remaining meetings planned for January 22 and May 13 and 14. Lai declined the invitation in a letter, stating that the legislature had no authority to question him. The KMT caucus criticized Lai for his absence, interpreting it as a sign of guilt and cowardice.

During the meeting, lawmakers placed satirical cardboard cutouts of Lai to express their dissatisfaction. KMT lawmaker Fu Kun-chi accused Lai of lacking courage and criticized the Democratic Progressive Party for allegedly harming Taiwan's interests in areas such as tariff negotiations with the United States and Taiwan Semiconductor Manufacturing Co.'s overseas expansion. The legislature is expected to vote on the impeachment on May 19, 2026.

Peoples Daily | English | News | Jan. 23, 2026 | UndeterminedBizdev-Partnering

During the 14th Five Year Plan period (2021-25), China attracted over $700 billion in foreign investment, ranking first among developing countries. Foreign-funded enterprises have significantly contributed to China's high-level opening up and high-quality development, according to Ling Ji, vice minister of commerce, who spoke at the China Association of Enterprises with Foreign Investment New Year Reception held in Beijing.

Ling Ji emphasized the stability and certainty of China's rapid economic growth, foreign investment policies, and trade relations, which create a favorable environment for foreign companies operating in China. The upcoming 15th Five Year Plan (2026-30) presents a development blueprint and an "opportunity list" for foreign enterprises, encouraging them to continue investing and expanding their presence in the Chinese market to share in growth opportunities.

Representatives at the event, including Sean Stein from the US-China Business Council and Jens Eskelund from the European Union Chamber of Commerce in China, expressed their commitment to supporting China's sustainable development and fostering mutually beneficial cooperation. Foreign-funded enterprises attending the reception also voiced confidence in China's market vitality and business environment improvements, indicating a willingness to increase long-term investment aligned with China's high-quality development goals.