Morning Shot: What concerns does President Xi Jinping have to tackle in 2025?

Chinese President Xi Jinping has pledged "more proactive" macroeconomic policies. In a New Year's address, President Xi made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets. Despite a slew of aggressive measures unveiled by Beijing in a bid to bolster growth in recent months, economists have warned that more direct fiscal stimulus aimed at shoring up domestic consumption is needed to restore full health in China's economy. What’s in store for the world’s second largest economy as they face the prospect of squaring off with President-elect Donald Trump, who has threatened to impose tariffs on foreign goods? On this episode of Morning Shot, Dr Lim Tai Wei, Professor of Business at Soka University shares his insights. Presented by: Emaad Akhtar  Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Assistant Producer: Muhammad Nazirul Asrar Photo credits: Ju Peng/Xinhua, via Associated Press See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.