Xi Warns of Obstacles Ahead in First Speech After Stimulus Plans.

In his first public comments since the announcement of an unprecedented stimulus package, President Xi Jinping of China warned of potential obstacles and difficulties ahead for the country. He emphasized the need for caution and preparation for rainy days. The stimulus package includes measures such as interest-rate cuts and support for the housing and stock markets. China's economy has been slowing, and it remains to be seen if the announced support will lead to a lasting turnaround. Additionally, Xi reiterated China's opposition to separatist activities aiming for Taiwan's independence and emphasized the importance of upholding the One-China principle. [Extracted from the article]