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China embarks on new growth strategy; US government finally reopens

China's latest policy direction highlights a shift toward people-centered growth – boosting domestic demand, investing in human capital, and upgrading services. At the 8th China International Import Expo, which concluded in Shanghai on Monday, global companies reaffirmed their long-term commitment to the country's vast and still-expanding economy, underscoring the country's appeal as both a manufacturing base and a major consumption hub. In contrast, the US faces mounting economic and social strain as a record government shutdown ends, following disrupted federal services, delayed data releases, and eroded confidence, highlighting differing trajectories in economic stability and policy momentum.