Efforts to revive China's economy have become 'complicated' with growing global competition to attract investment, President Xi Jinping has said, calling for steps to forestall and defuse major economic and financial risks, including those arising from the property sector and the piling local government debt. Xi said that more efforts should be made to attract and utilise foreign investment.

from Times of India https://timesofindia.indiatimes.com/world/china/revival-of-chinese-economy-complicated-due-to-growing-global-competition-xi-jinping/articleshow/98014577.cms