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Added on the 26/02/2016 11:35:40 - Copyright : Reuters EN
China's hopes that consumer spending can become its new growth engine have taken a few dents in 2016. But, as Ryan Brooks reports, a new 'moonlight generation' of overspenders might give the economy a shot in the arm, even as they stretch their own resources to breaking point.
China says it "poses no threat" to any country, after Australia's first National Defence Strategy signalled a new focus on deterring Beijing's "coercive tactics". "China poses no threat to any country," foreign ministry spokesman Lin Jian says in a briefing, urging Canberra to "refrain from making accusations against China at every turn". SOUNDBITE
China's Foreign Minister Wang Yi meets with his French counterpart Stephane Sejourne in Beijing, as the two countries mark 60 years of diplomatic relations and seek to strengthen ties. IMAGES
China's annual National People's Congress (NPC) starts at the Great Hall of the People in Beijing. The key parliamentary meeting, attended by President Xi Jinping and thousands of delegates from around the country, kicked off to a rendition of the national anthem. IMAGES
Artists in Beijing perform a dragon dance to celebrate Lunar New Year, as the country's Year of the Dragon kicks off this Saturday. IMAGES