Chinese President Xi says he wants to make domestic demand the primary driving force behind economic development

President Xi's remarks signal a strategic shift in China's economic focus towards boosting domestic demand, which may reduce reliance on exports and foreign markets.

Newsquawk StaffPublished 20 Jan 2026, 10:30 UTCOn the live feed at 10:10 UTC — 3 more headlines followed before this page went public

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10:23

Russian Foreign Minister Lavrov says there are no concrete contacts with the US on extending the New START arms treaty or a new deal

10:19

EU's von der Leyen says the EU is close to reaching a historical free trade agreement with India, however there's still room for further negotiations

10:10

Chinese President Xi says he wants to make domestic demand the primary driving force behind economic development

10:08

China’s Shanghai International Energy Exchange has announced plans to adjust margin requirements and price limits for international copper futures related contracts, effective from the January 22 closing settlement

10:06

South Korea is reportedly to hold off on USD 20bln worth of US trade investment, due to KRW impact

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Context

This could have significant implications for global trade dynamics, particularly affecting commodities and currencies linked to China’s economic performance.

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