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China's new plan to counter the US economy

Beijing has suddenly embraced a wholly different set of goals compared to the year before

| China
Xi Jinping speaks during the annual Central Economic Work Conference on Dec. 15, 2020: Chinese leaders prioritized national security in their economic planning.   © Xinhua/AP

Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.

At the end of each year, the Chinese government convenes the Central Economic Work Conference to set priorities for the coming 12 months.

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