China’s legislature is meeting in March to approve the nation’s new Five Year Plan, which aims to promote higher quality growth, and make China increasingly self-sufficient in new technology of all kinds, from AI to semiconductors. Yet it comes against a backdrop of uncertainty and tariff wars abroad, and high youth unemployment and a slumping property market at home. Xi Jinping has pinned his hopes on boosting domestic consumption and has pledged to promote the private economy, which he had ...