Li May Face Questions on GDP, Reforms as NPC Closes

The transcript covers the rare public address by China's Premier at the National People's Congress in Beijing. It highlights the focus on economic growth, with a GDP target of 6.5% and efforts to manage financial risks. The discussion includes positive economic indicators like PMI data and foreign investments, but also concerns about the auto and real estate sectors, and capital outflows due to US Fed rate hikes. The transcript also touches on US-China trade relations, with references to President Trump's trade representative nominee and the diplomatic approach by China, emphasizing a stable relationship with the US.

What was the response of the Chinese government regarding the US-China trade relations?

What is the significance of the relationship between the US and China as discussed in the text?