China’s Xi cites global ‘uncertainties’ in speech ahead of Trump inauguration

Chinese President Xi Jinping painted a picture of a strong Chinese economy in his New Year’s speech, while also alluding to external “uncertainties” as President-elect Trump prepares to return to the Oval Office. “The Chinese economy faces some new conditions, including challenges of uncertainties in the external environment and pressure of transformation from old growth drivers into new ones,” Xi said in his New Year’s Eve message, acknowledging that the nation cannot rely as heavily on international investment, The Wall Street Journal reported. “But we can prevail with our hard...