China’s Communist party congress opens with Xi Jinping calling for military growth – CBS News

Chinese leader Xi Jinping on Sunday called for faster military development and announced no change in policies that have strained relations with Washington and tightened the ruling Communist Party’s control over society and the economy.

China’s most influential figure in decades spoke as the party opened a congress that was closely watched by companies, governments and the public for signs of official direction. It comes amid a painful slump in the world’s second-largest economy and tension with Washington and Asian neighbors over trade, technology and security.

Party plans calls for creating a prosperous society by mid-century and restoring China to its historic role as a political, economic and cultural leader. Beijing has expanded its presence abroad including a multibillion-dollar Belt and Road Initiative to build ports and other infrastructure across Asia and Africa, but economists warn reversing market-style reform could hamper growth.

via www.cbsnews.com